BidaskClub lowered shares of Tata Motors Ltd (NYSE:TTM) from a hold rating to a sell rating in a research note published on Wednesday, July 5th.

TTM has been the subject of a number of other research reports. Zacks Investment Research upgraded shares of Tata Motors from a sell rating to a hold rating in a research note on Thursday, April 6th. ValuEngine cut shares of Tata Motors from a buy rating to a hold rating in a research note on Saturday, June 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of $43.50.

Shares of Tata Motors (NYSE TTM) traded up 1.04% during trading on Wednesday, reaching $34.82. The company had a trading volume of 1,160,578 shares. Tata Motors has a 12-month low of $31.71 and a 12-month high of $44.79. The company has a market cap of $23.65 billion, a P/E ratio of 24.87 and a beta of 2.26. The firm has a 50-day moving average of $34.69 and a 200-day moving average of $35.51.

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In other Tata Motors news, Director Carlos Yong bought 300,000 shares of the stock in a transaction on Tuesday, June 13th. The stock was purchased at an average price of $0.30 per share, with a total value of $90,000.00.

Several institutional investors have recently made changes to their positions in the stock. Telemus Capital LLC purchased a new position in shares of Tata Motors during the first quarter valued at about $370,000. Fox Run Management L.L.C. raised its position in shares of Tata Motors by 106.1% in the first quarter. Fox Run Management L.L.C. now owns 13,600 shares of the company’s stock valued at $485,000 after buying an additional 7,000 shares during the period. Capstone Asset Management Co. raised its position in shares of Tata Motors by 2.6% in the first quarter. Capstone Asset Management Co. now owns 12,384 shares of the company’s stock valued at $441,000 after buying an additional 310 shares during the period. Daiwa SB Investments Ltd. raised its position in shares of Tata Motors by 31.8% in the first quarter. Daiwa SB Investments Ltd. now owns 2,900 shares of the company’s stock valued at $103,000 after buying an additional 700 shares during the period. Finally, Integrated Investment Consultants LLC purchased a new position in shares of Tata Motors during the first quarter valued at about $101,000. 13.18% of the stock is owned by institutional investors.

Tata Motors Company Profile

Tata Motors Limited is an automobile company. The Company is engaged in manufacture of motor vehicles. The Company is engaged mainly in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. The Company’s segments include automotive operations and all other operations.

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