GAMMA Investing LLC Raises Stake in Toyota Motor Co. (NYSE:TM)

GAMMA Investing LLC increased its holdings in shares of Toyota Motor Co. (NYSE:TM) by 44.6% in the fourth quarter, Holdings Channel reports. The firm owned 2,141 shares of the company’s stock after acquiring an additional 660 shares during the period. GAMMA Investing LLC’s holdings in Toyota Motor were worth $417,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TM. Bank of New York Mellon Corp lifted its stake in shares of Toyota Motor by 33.3% during the second quarter. Bank of New York Mellon Corp now owns 58,198 shares of the company’s stock worth $11,929,000 after purchasing an additional 14,529 shares in the last quarter. Rhumbline Advisers lifted its position in Toyota Motor by 1.7% during the 2nd quarter. Rhumbline Advisers now owns 16,776 shares of the company’s stock worth $3,439,000 after acquiring an additional 273 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Toyota Motor by 4.7% in the 2nd quarter. Private Advisor Group LLC now owns 5,353 shares of the company’s stock worth $1,097,000 after acquiring an additional 240 shares during the period. Asset Dedication LLC grew its position in Toyota Motor by 118.0% in the second quarter. Asset Dedication LLC now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 118 shares in the last quarter. Finally, Gallacher Capital Management LLC raised its stake in shares of Toyota Motor by 6.8% during the second quarter. Gallacher Capital Management LLC now owns 2,062 shares of the company’s stock valued at $423,000 after purchasing an additional 132 shares during the period. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Toyota Motor from a “hold” rating to a “sell” rating in a research note on Friday, December 27th.

Toyota Motor Stock Up 1.1 %

Shares of NYSE TM opened at $195.25 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23. The stock’s 50-day simple moving average is $177.84 and its 200-day simple moving average is $182.74. The firm has a market cap of $263.08 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 0.31 and a beta of 0.67.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.39 by ($1.49). The business had revenue of $76.92 billion for the quarter, compared to analysts’ expectations of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. As a group, equities analysts anticipate that Toyota Motor Co. will post 21.56 earnings per share for the current fiscal year.

About Toyota Motor

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.