Susquehanna International Group Ltd. Makes New $3.29 Million Investment in Toyota Motor Co. (NYSE:TM)

Susquehanna International Group Ltd. bought a new position in Toyota Motor Co. (NYSE:TM) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 16,045 shares of the company’s stock, valued at approximately $3,289,000. Toyota Motor comprises about 0.8% of Susquehanna International Group Ltd.’s holdings, making the stock its 17th largest position.

Several other hedge funds have also recently made changes to their positions in TM. AQR Capital Management LLC lifted its position in Toyota Motor by 88.3% in the second quarter. AQR Capital Management LLC now owns 3,619 shares of the company’s stock worth $742,000 after buying an additional 1,697 shares during the last quarter. Squarepoint Ops LLC bought a new stake in shares of Toyota Motor during the 2nd quarter worth approximately $753,000. HITE Hedge Asset Management LLC boosted its stake in shares of Toyota Motor by 1,415.4% during the second quarter. HITE Hedge Asset Management LLC now owns 119,184 shares of the company’s stock valued at $24,429,000 after purchasing an additional 111,319 shares during the period. Xponance Inc. grew its stake in Toyota Motor by 35.3% in the 2nd quarter. Xponance Inc. now owns 2,334 shares of the company’s stock worth $478,000 after acquiring an additional 609 shares in the last quarter. Finally, Bank of Montreal Can grew its stake in Toyota Motor by 4.4% in the second quarter. Bank of Montreal Can now owns 44,794 shares of the company’s stock worth $9,239,000 after purchasing an additional 1,875 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Trading Down 3.5 %

NYSE:TM opened at $182.82 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18. The firm has a 50-day simple moving average of $182.09 and a 200-day simple moving average of $208.01. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The firm has a market cap of $246.34 billion, a P/E ratio of 7.20, a P/E/G ratio of 0.34 and a beta of 0.68.

Toyota Motor (NYSE:TM) last posted its earnings results on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $2.34. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. The company had revenue of $75.94 billion during the quarter, compared to analyst estimates of $72.48 billion. During the same quarter in the prior year, the business earned $7.05 earnings per share. Equities analysts anticipate that Toyota Motor Co. will post 20.49 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Erste Group Bank reissued a “hold” rating on shares of Toyota Motor in a research report on Friday, June 14th.

Toyota Motor Company Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.