Forum Financial Management LP Grows Position in Toyota Motor Co. (NYSE:TM)

Forum Financial Management LP lifted its holdings in Toyota Motor Co. (NYSE:TM - Free Report) by 29.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,477 shares of the company's stock after buying an additional 5,180 shares during the quarter. Forum Financial Management LP's holdings in Toyota Motor were worth $4,374,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of TM. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Toyota Motor during the 3rd quarter valued at about $446,000. Barclays PLC boosted its stake in Toyota Motor by 168.8% during the 3rd quarter. Barclays PLC now owns 4,155 shares of the company's stock valued at $742,000 after purchasing an additional 2,609 shares during the last quarter. Invst LLC raised its stake in shares of Toyota Motor by 4.9% in the third quarter. Invst LLC now owns 8,005 shares of the company's stock worth $1,429,000 after purchasing an additional 374 shares during the last quarter. Virtu Financial LLC boosted its position in shares of Toyota Motor by 83.2% during the third quarter. Virtu Financial LLC now owns 4,523 shares of the company's stock valued at $808,000 after buying an additional 2,054 shares during the last quarter. Finally, World Investment Advisors LLC purchased a new position in Toyota Motor in the 3rd quarter worth about $14,911,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Sanford C. Bernstein began coverage on shares of Toyota Motor in a report on Monday, April 14th. They set a "market perform" rating on the stock. StockNews.com upgraded Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th. CLSA lowered shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th. Finally, Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research report on Tuesday, February 4th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, Toyota Motor presently has an average rating of "Hold".

Toyota Motor Stock Performance

NYSE TM traded up $3.54 on Wednesday, reaching $182.24. 174,633 shares of the stock were exchanged, compared to its average volume of 364,090. The firm has a market capitalization of $245.55 billion, a PE ratio of 7.52, a PEG ratio of 0.35 and a beta of 0.64. Toyota Motor Co. has a one year low of $155.00 and a one year high of $235.68. The company's 50-day simple moving average is $179.87 and its two-hundred day simple moving average is $179.75. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping analysts' consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Analysts expect that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Toyota Motor 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.