Fisher Asset Management LLC Purchases 172,347 Shares of Toyota Motor Co. (NYSE:TM)

Fisher Asset Management LLC lifted its position in shares of Toyota Motor Co. (NYSE:TM) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,213,105 shares of the company’s stock after purchasing an additional 172,347 shares during the quarter. Fisher Asset Management LLC owned 0.46% of Toyota Motor worth $1,139,359,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Criterion Capital Advisors LLC bought a new position in Toyota Motor in the fourth quarter valued at approximately $26,000. Byrne Asset Management LLC raised its stake in Toyota Motor by 105.6% in the third quarter. Byrne Asset Management LLC now owns 185 shares of the company’s stock valued at $33,000 after buying an additional 95 shares during the period. Venturi Wealth Management LLC lifted its position in shares of Toyota Motor by 101.9% in the third quarter. Venturi Wealth Management LLC now owns 214 shares of the company’s stock valued at $38,000 after buying an additional 108 shares during the last quarter. NBC Securities Inc. bought a new position in shares of Toyota Motor during the 3rd quarter worth approximately $38,000. Finally, BKM Wealth Management LLC bought a new stake in Toyota Motor in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on TM shares. Nomura downgraded shares of Toyota Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. StockNews.com downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.

Toyota Motor Stock Performance

NYSE TM traded up $3.48 on Thursday, reaching $230.31. The stock had a trading volume of 81,262 shares, compared to its average volume of 296,054. Toyota Motor Co. has a 1-year low of $134.88 and a 1-year high of $255.23. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 1.02. The company has a market cap of $312.03 billion, a P/E ratio of 9.80, a price-to-earnings-growth ratio of 0.38 and a beta of 0.72. The firm has a fifty day moving average of $240.08 and a two-hundred day moving average of $208.96.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Tuesday, February 6th. The company reported $6.81 EPS for the quarter, topping analysts’ consensus estimates of $3.66 by $3.15. The business had revenue of $81.54 billion for the quarter, compared to analyst estimates of $73.72 billion. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. On average, equities research analysts anticipate that Toyota Motor Co. will post 22.85 EPS for the current 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.