Toyota Motor Corp Ltd Ord (TM) Stake Lowered by First Republic Investment Management Inc.

First Republic Investment Management Inc. decreased its holdings in shares of Toyota Motor Corp Ltd Ord (NYSE:TM) by 37.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,321 shares of the company’s stock after selling 1,948 shares during the quarter. First Republic Investment Management Inc.’s holdings in Toyota Motor were worth $396,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Crossmark Global Holdings Inc. purchased a new stake in Toyota Motor in the third quarter worth approximately $23,842,000. Dimensional Fund Advisors LP boosted its stake in Toyota Motor by 12.9% in the third quarter. Dimensional Fund Advisors LP now owns 939,123 shares of the company’s stock worth $111,915,000 after buying an additional 107,326 shares in the last quarter. Athos Capital Ltd boosted its stake in Toyota Motor by 893.9% in the third quarter. Athos Capital Ltd now owns 81,500 shares of the company’s stock worth $8,350,000 after buying an additional 73,300 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in Toyota Motor in the third quarter worth approximately $6,554,000. Finally, Aperio Group LLC boosted its stake in Toyota Motor by 12.2% in the third quarter. Aperio Group LLC now owns 418,917 shares of the company’s stock worth $49,922,000 after buying an additional 45,693 shares in the last quarter. 0.78% of the stock is owned by institutional investors.

Shares of Toyota Motor Corp Ltd Ord (TM) opened at $124.34 on Monday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.05 and a quick ratio of 0.90. Toyota Motor Corp Ltd Ord has a 12-month low of $103.62 and a 12-month high of $128.11. The firm has a market capitalization of $185,782.23, a P/E ratio of 10.67, a price-to-earnings-growth ratio of 1.68 and a beta of 0.65.

Several analysts have issued reports on TM shares. Zacks Investment Research raised Toyota Motor from a “hold” rating to a “buy” rating and set a $141.00 target price for the company in a research note on Wednesday, November 15th. Citigroup upgraded Toyota Motor from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Toyota Motor has an average rating of “Hold” and an average price target of $121.74.

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Toyota Motor 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.

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

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