Moran Wealth Management LLC raised its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 62.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,433 shares of the company's stock after purchasing an additional 10,545 shares during the period. Moran Wealth Management LLC's holdings in Toyota Motor were worth $4,899,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the business. International Assets Investment Management LLC grew its position in Toyota Motor by 34,303.6% in the 3rd quarter. International Assets Investment Management LLC now owns 417,660 shares of the company's stock valued at $74,582,000 after buying an additional 416,446 shares during the last quarter. Mediolanum International Funds Ltd acquired a new stake in Toyota Motor in the third quarter valued at $58,660,000. Captrust Financial Advisors lifted its holdings in Toyota Motor by 109.1% in the first quarter. Captrust Financial Advisors now owns 437,732 shares of the company's stock valued at $110,168,000 after acquiring an additional 228,434 shares during the period. HITE Hedge Asset Management LLC lifted its holdings in Toyota Motor by 1,415.4% in the second quarter. HITE Hedge Asset Management LLC now owns 119,184 shares of the company's stock valued at $24,429,000 after acquiring an additional 111,319 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in Toyota Motor in the second quarter valued at $16,603,000. 1.48% of the stock is currently owned by hedge funds and other institutional investors.
Toyota Motor Price Performance
Shares of NYSE:TM traded up $0.92 during midday trading on Thursday, hitting $173.83. 76,961 shares of the stock were exchanged, compared to its average volume of 323,001. The stock has a market cap of $234.22 billion, a P/E ratio of 8.22, a PEG ratio of 0.31 and a beta of 0.68. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The company has a 50 day moving average price of $175.76 and a 200-day moving average price of $190.52.
Toyota Motor (NYSE:TM - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing the consensus estimate of $4.39 by ($1.49). The firm had revenue of $76.92 billion during the quarter, compared to analyst estimates of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. On average, research analysts forecast that Toyota Motor Co. will post 21.7 earnings per share for the current year.
Toyota Motor Profile
(
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.
Featured Stories
Before you consider Toyota Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toyota Motor wasn't on the list.
While Toyota Motor currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
