K.J. Harrison & Partners Inc Acquires 5,000 Shares of Toyota Motor Corp (TM)
K.J. Harrison & Partners Inc raised its stake in Toyota Motor Corp (NYSE:TM) by 42.7% during the second quarter, Holdings Channel reports. The fund owned 16,700 shares of the company’s stock after buying an additional 5,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in Toyota Motor Corp were worth $1,670,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Adage Capital Partners GP L.L.C. boosted its position in Toyota Motor Corp by 25.2% in the first quarter. Adage Capital Partners GP L.L.C. now owns 1,320,729 shares of the company’s stock worth $140,420,000 after buying an additional 265,680 shares during the last quarter. Renaissance Technologies LLC raised its stake in Toyota Motor Corp by 27.1% in the first quarter. Renaissance Technologies LLC now owns 705,700 shares of the company’s stock worth $75,030,000 after buying an additional 150,400 shares during the period. WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST bought a new stake in Toyota Motor Corp during the second quarter worth $14,299,000. Bank of Montreal Can bought a new stake in Toyota Motor Corp during the second quarter worth $11,984,000. Finally, Landscape Capital Management L.L.C. raised its stake in Toyota Motor Corp by 1,145.1% in the first quarter. Landscape Capital Management L.L.C. now owns 28,886 shares of the company’s stock worth $3,071,000 after buying an additional 26,566 shares during the period.
Shares of Toyota Motor Corp (NYSE:TM) traded up 2.57% on Wednesday, hitting $119.45. The stock had a trading volume of 402,674 shares. The company has a 50-day moving average of $118.44 and a 200-day moving average of $108.00. Toyota Motor Corp has a 52-week low of $97.80 and a 52-week high of $127.28. The company has a market cap of $179.85 billion, a P/E ratio of 8.63 and a beta of 0.70.
A number of equities research analysts have recently weighed in on TM shares. Zacks Investment Research raised Toyota Motor Corp from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 14th. Goldman Sachs Group Inc. lowered Toyota Motor Corp from a “buy” rating to a “neutral” rating in a research report on Monday, September 5th. Finally, Citigroup Inc. lowered Toyota Motor Corp from a “buy” rating to a “neutral” rating in a research report on Thursday, August 25th. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price 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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