Grandview Asset Management LLC purchased a new stake in shares of Toyota Motor Co. (NYSE:TM - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,963 shares of the company's stock, valued at approximately $771,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Highline Wealth Partners LLC acquired a new stake in shares of Toyota Motor during the 3rd quarter valued at $27,000. Modus Advisors LLC acquired a new stake in shares of Toyota Motor in the fourth quarter worth $31,000. Jamison Private Wealth Management Inc. boosted its position in Toyota Motor by 300.0% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company's stock worth $30,000 after acquiring an additional 126 shares during the period. Grove Bank & Trust acquired a new stake in shares of Toyota Motor during the third quarter worth approximately $32,000. Finally, Brown Brothers Harriman & Co. grew its position in Toyota Motor by 188.2% during the third quarter. Brown Brothers Harriman & Co. now owns 294 shares of the company's stock valued at $52,000 after purchasing an additional 192 shares in the last quarter. Institutional investors own 1.48% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th.
Read Our Latest Analysis on Toyota Motor
Toyota Motor Stock Up 1.1 %
TM stock traded up $2.08 during trading hours on Tuesday, hitting $185.33. The company's stock had a trading volume of 326,034 shares, compared to its average volume of 502,916. The company has a market capitalization of $249.72 billion, a PE ratio of 8.80, a price-to-earnings-growth ratio of 0.31 and a beta of 0.63. The stock has a 50 day moving average price of $179.62 and a two-hundred day moving average price of $182.29. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23.
Toyota Motor (NYSE:TM - Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The business had revenue of $76.92 billion for the quarter, compared to analyst estimates of $79.78 billion. On average, equities research analysts expect that Toyota Motor Co. will post 21.56 earnings per share for the current year.
About Toyota Motor
(
Free Report)
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.
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