O Shaughnessy Asset Management LLC Has $14.21 Million Position in Toyota Motor Corporation $TM

O Shaughnessy Asset Management LLC boosted its holdings in shares of Toyota Motor Corporation (NYSE:TM) by 24.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 66,360 shares of the company’s stock after acquiring an additional 13,045 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Toyota Motor were worth $14,205,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in TM. Prime Capital Investment Advisors LLC grew its stake in shares of Toyota Motor by 224.4% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 7,990 shares of the company’s stock worth $1,710,000 after purchasing an additional 5,527 shares during the period. Clark Capital Management Group Inc. lifted its stake in Toyota Motor by 46.2% in the third quarter. Clark Capital Management Group Inc. now owns 330,433 shares of the company’s stock valued at $63,142,000 after buying an additional 104,471 shares during the period. Caprock Group LLC bought a new position in Toyota Motor during the third quarter worth about $1,323,000. American Century Companies Inc. boosted its holdings in Toyota Motor by 18.3% during the third quarter. American Century Companies Inc. now owns 332,180 shares of the company’s stock worth $63,476,000 after buying an additional 51,284 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Toyota Motor during the 4th quarter worth about $1,651,000. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Trading Down 1.6%

NYSE TM opened at $175.63 on Wednesday. Toyota Motor Corporation has a one year low of $167.18 and a one year high of $248.90. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.12. The firm has a market cap of $228.90 billion, a P/E ratio of 8.97 and a beta of 0.56. The stock’s 50-day moving average is $195.29 and its 200-day moving average is $211.48.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $3.80 earnings per share (EPS) for the quarter. Toyota Motor had a return on equity of 9.74% and a net margin of 7.59%.The business had revenue of $76.81 billion during the quarter. Sell-side analysts anticipate that Toyota Motor Corporation will post 21.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TM has been the subject of a number of recent analyst reports. BNP Paribas Exane began coverage on Toyota Motor in a research note on Thursday, February 12th. They issued an “outperform” rating and a $290.00 price target for the company. Erste Group Bank cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. DZ Bank raised shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Zacks Research lowered shares of Toyota Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Freedom Capital raised shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $290.00.

About Toyota Motor

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.