First Manhattan Co. maintained its position in Toyota Motor Corp Ltd Ord (NYSE:TM) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,600 shares of the company’s stock at the end of the second quarter. First Manhattan Co.’s holdings in Toyota Motor Corp Ltd Ord were worth $273,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TM. Karp Capital Management Corp bought a new stake in shares of Toyota Motor Corp Ltd Ord during the first quarter valued at about $40,235,000. Wells Fargo & Company MN raised its stake in shares of Toyota Motor Corp Ltd Ord by 41.4% in the first quarter. Wells Fargo & Company MN now owns 531,335 shares of the company’s stock valued at $57,714,000 after buying an additional 155,684 shares during the period. Parametric Portfolio Associates LLC raised its stake in shares of Toyota Motor Corp Ltd Ord by 14.2% in the first quarter. Parametric Portfolio Associates LLC now owns 607,171 shares of the company’s stock valued at $65,951,000 after buying an additional 75,332 shares during the period. Credit Suisse AG raised its stake in shares of Toyota Motor Corp Ltd Ord by 380.0% in the first quarter. Credit Suisse AG now owns 62,212 shares of the company’s stock valued at $6,758,000 after buying an additional 49,251 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Toyota Motor Corp Ltd Ord by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 737,890 shares of the company’s stock valued at $80,150,000 after buying an additional 44,087 shares during the period. Institutional investors and hedge funds own 0.93% of the company’s stock.

Shares of Toyota Motor Corp Ltd Ord (NYSE:TM) opened at 112.38 on Friday. Toyota Motor Corp Ltd Ord has a 52 week low of $103.62 and a 52 week high of $123.18. The stock has a market capitalization of $167.16 billion, a price-to-earnings ratio of 9.98 and a beta of 0.62. The firm’s 50-day moving average is $109.62 and its 200-day moving average is $109.95.

Toyota Motor Corp Ltd Ord (NYSE:TM) last issued its quarterly earnings results on Wednesday, May 10th. The company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $119.46 by $117.14. Toyota Motor Corp Ltd Ord had a return on equity of 10.39% and a net margin of 6.74%. The business had revenue of $7,442.47 billion during the quarter, compared to analyst estimates of $6,993.26 billion. During the same period in the previous year, the business posted $38.38 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities research analysts anticipate that Toyota Motor Corp Ltd Ord will post $10.61 EPS for the current fiscal year.

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TM has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Toyota Motor Corp Ltd Ord from a “hold” rating to a “buy” rating and set a $118.00 price objective on the stock in a report on Friday, June 23rd. TheStreet upgraded shares of Toyota Motor Corp Ltd Ord from a “c+” rating to a “b” rating in a report on Wednesday, May 10th. Bank of America Corporation lowered shares of Toyota Motor Corp Ltd Ord from a “neutral” rating to an “underperform” rating and set a $108.22 price objective on the stock. in a report on Tuesday, July 11th. BidaskClub upgraded shares of Toyota Motor Corp Ltd Ord from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Finally, Daiwa Capital Markets lowered shares of Toyota Motor Corp Ltd Ord from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $115.07.

Toyota Motor Corp Ltd Ord Company Profile

Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.

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Institutional Ownership by Quarter for Toyota Motor Corp Ltd Ord (NYSE:TM)

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