Drake & Associates LLC Takes Position in Toyota Motor Co. (NYSE:TM)

Drake & Associates LLC bought a new stake in shares of Toyota Motor Co. (NYSE:TM - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,024 shares of the company's stock, valued at approximately $540,000.

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Other hedge funds have also bought and sold shares of the company. Cardinal Capital Management boosted its position in shares of Toyota Motor by 4.3% during the 3rd quarter. Cardinal Capital Management now owns 22,238 shares of the company's stock valued at $3,971,000 after acquiring an additional 924 shares during the last quarter. Bleakley Financial Group LLC lifted its position in Toyota Motor by 12.6% during the third quarter. Bleakley Financial Group LLC now owns 2,362 shares of the company's stock valued at $422,000 after purchasing an additional 265 shares during the last quarter. Mitchell & Pahl Private Wealth LLC grew its stake in shares of Toyota Motor by 5.1% in the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 5,457 shares of the company's stock worth $974,000 after buying an additional 264 shares in the last quarter. Naviter Wealth LLC increased its holdings in shares of Toyota Motor by 8.4% in the 3rd quarter. Naviter Wealth LLC now owns 29,937 shares of the company's stock worth $5,346,000 after buying an additional 2,317 shares during the last quarter. Finally, Jamison Private Wealth Management Inc. increased its holdings in shares of Toyota Motor by 300.0% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company's stock worth $30,000 after buying an additional 126 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

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Toyota Motor Trading Up 0.2 %

Shares of NYSE:TM traded up $0.33 during trading on Friday, reaching $171.53. The company's stock had a trading volume of 400,313 shares, compared to its average volume of 320,867. The firm's 50 day simple moving average is $179.45 and its two-hundred day simple moving average is $200.73. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.60. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23. The stock has a market capitalization of $231.12 billion, a PE ratio of 6.95, a price-to-earnings-growth ratio of 0.31 and a beta of 0.68.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, beating the consensus estimate of $4.01 by $2.34. The company had revenue of $75.94 billion for the quarter, compared to analyst estimates of $72.48 billion. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. During the same quarter in the prior year, the firm posted $7.05 EPS. On average, research analysts predict that Toyota Motor Co. will post 21.7 EPS for the current fiscal 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.

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