Edmond DE Rothschild Holding S.A. lowered its stake in Tata Motors Limited (NYSE:TTM) by 5.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 155,207 shares of the company’s stock after selling 8,560 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Tata Motors were worth $1,891,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of TTM. Hsbc Holdings PLC lifted its stake in Tata Motors by 251.0% in the 4th quarter. Hsbc Holdings PLC now owns 8,170,358 shares of the company’s stock valued at $99,516,000 after buying an additional 5,842,788 shares in the last quarter. LMR Partners LLP purchased a new position in shares of Tata Motors during the 4th quarter worth $45,987,000. Macquarie Group Ltd. lifted its stake in shares of Tata Motors by 325.4% during the 3rd quarter. Macquarie Group Ltd. now owns 1,308,214 shares of the company’s stock worth $20,094,000 after purchasing an additional 1,000,700 shares during the period. Marshall Wace LLP purchased a new position in shares of Tata Motors during the 3rd quarter worth $11,481,000. Finally, Renaissance Technologies LLC lifted its stake in shares of Tata Motors by 14.6% during the 3rd quarter. Renaissance Technologies LLC now owns 4,754,600 shares of the company’s stock worth $73,031,000 after purchasing an additional 605,900 shares during the period. 7.62% of the stock is currently owned by hedge funds and other institutional investors.

TTM has been the topic of a number of recent analyst reports. Bank of America lowered Tata Motors from a “buy” rating to a “neutral” rating in a research note on Friday, February 8th. Nomura reaffirmed a “neutral” rating on shares of Tata Motors in a research report on Friday, February 8th. ValuEngine lowered Tata Motors from a “buy” rating to a “hold” rating in a research report on Thursday, January 10th. Finally, Zacks Investment Research raised Tata Motors from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 1st. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold”.

Shares of TTM opened at $12.89 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.55 and a current ratio of 0.92. The firm has a market capitalization of $8.79 billion, a P/E ratio of 5.49, a PEG ratio of -4.19 and a beta of 1.51. Tata Motors Limited has a twelve month low of $10.29 and a twelve month high of $27.87.

Tata Motors (NYSE:TTM) last announced its quarterly earnings results on Thursday, February 7th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.31). Tata Motors had a negative net margin of 8.55% and a positive return on equity of 3.13%. The company had revenue of $10.91 billion during the quarter, compared to analyst estimates of $11.03 billion. Equities research analysts expect that Tata Motors Limited will post 0.98 EPS for the current year.

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Tata Motors Profile

Tata Motors Limited designs, manufactures, and sells a range of automotive vehicles. It operates through Automotive Operations and All Other Operations segments. The company offers cars, sports vehicles, trucks, buses, and defence vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial and marine applications; aggregates, such as axles and transmissions for commercial vehicles; and factory automation equipment.

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Institutional Ownership by Quarter for Tata Motors (NYSE:TTM)

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