Cumberland Partners Ltd reduced its stake in shares of Toyota Motor Corp (NYSE:TM) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,040 shares of the company’s stock after selling 25 shares during the period. Cumberland Partners Ltd’s holdings in Toyota Motor Corp were worth $2,603,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in TM. Winslow Evans & Crocker Inc. increased its position in Toyota Motor Corp by 95.4% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,114 shares of the company’s stock valued at $111,000 after buying an additional 544 shares during the last quarter. Seven Eight Capital LLC increased its stake in shares of Toyota Motor Corp by 33.3% in the first quarter. Seven Eight Capital LLC now owns 1,600 shares of the company’s stock worth $170,000 after buying an additional 400 shares in the last quarter. BTC Capital Management Inc. increased its stake in shares of Toyota Motor Corp by 1.5% in the first quarter. BTC Capital Management Inc. now owns 2,502 shares of the company’s stock worth $264,000 after buying an additional 37 shares in the last quarter. Sanders Morris Harris Inc. bought a new stake in shares of Toyota Motor Corp during the first quarter worth about $268,000. Finally, Cypress Wealth Advisors LLC increased its stake in shares of Toyota Motor Corp by 14.2% in the first quarter. Cypress Wealth Advisors LLC now owns 3,017 shares of the company’s stock worth $321,000 after buying an additional 374 shares in the last quarter.
Shares of Toyota Motor Corp (NYSE:TM) traded up 1.13% during midday trading on Thursday, hitting $120.80. The company’s stock had a trading volume of 507,693 shares. Toyota Motor Corp has a 52-week low of $97.80 and a 52-week high of $127.28. The firm has a market cap of $181.88 billion, a P/E ratio of 8.73 and a beta of 0.70. The stock’s 50 day moving average is $118.44 and its 200-day moving average is $108.00.
A number of equities research analysts recently issued reports on TM shares. Zacks Investment Research raised Toyota Motor Corp from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 14th. Citigroup Inc. downgraded Toyota Motor Corp from a “buy” rating to a “neutral” rating in a research report on Thursday, August 25th. Finally, Goldman Sachs Group Inc. downgraded Toyota Motor Corp from a “buy” rating to a “neutral” rating in a research report on Monday, September 5th. Nine equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $108.54.
Toyota Motor Corp 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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