O Shaughnessy Asset Management LLC Purchases 13,045 Shares of Toyota Motor Corporation $TM

O Shaughnessy Asset Management LLC increased its position in shares of Toyota Motor Corporation (NYSE:TM) by 24.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,360 shares of the company’s stock after purchasing an additional 13,045 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Toyota Motor were worth $14,205,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. DeDora Capital Inc. grew its stake in Toyota Motor by 2.1% during the fourth quarter. DeDora Capital Inc. now owns 2,141 shares of the company’s stock worth $458,000 after buying an additional 45 shares during the last quarter. Independence Bank of Kentucky raised its stake in shares of Toyota Motor by 18.4% in the fourth quarter. Independence Bank of Kentucky now owns 296 shares of the company’s stock valued at $63,000 after acquiring an additional 46 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of Toyota Motor by 37.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock worth $38,000 after acquiring an additional 48 shares in the last quarter. J2 Capital Management Inc boosted its holdings in shares of Toyota Motor by 2.4% in the 4th quarter. J2 Capital Management Inc now owns 2,125 shares of the company’s stock worth $455,000 after acquiring an additional 50 shares in the last quarter. Finally, Seven Mile Advisory grew its position in Toyota Motor by 4.1% during the 3rd quarter. Seven Mile Advisory now owns 1,400 shares of the company’s stock worth $268,000 after acquiring an additional 55 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on TM. DZ Bank upgraded Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Morgan Stanley started coverage on Toyota Motor in a report on Friday, May 1st. They set an “equal weight” rating on the stock. Erste Group Bank lowered Toyota Motor from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. BNP Paribas Exane began coverage on Toyota Motor in a report on Thursday, February 12th. They issued an “outperform” rating and a $290.00 price target for the company. Finally, Zacks Research lowered shares of Toyota Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $290.00.

Toyota Motor Stock Down 1.6%

Shares of TM opened at $175.63 on Wednesday. The business’s fifty day moving average price is $195.29 and its two-hundred day moving average price is $211.48. The firm has a market capitalization of $228.90 billion, a price-to-earnings ratio of 8.97 and a beta of 0.56. Toyota Motor Corporation has a 52 week low of $167.18 and a 52 week high of $248.90. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.12 and a current ratio of 1.27.

Toyota Motor (NYSE:TM) last released its earnings results on Tuesday, March 31st. The company reported $3.80 earnings per share for the quarter. The company had revenue of $76.81 billion during the quarter. Toyota Motor had a return on equity of 9.74% and a net margin of 7.59%. On average, analysts predict that Toyota Motor Corporation will post 21.66 earnings per share for the current year.

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.