Mediolanum International Funds Ltd Invests $58.66 Million in Toyota Motor Co. (NYSE:TM)

Mediolanum International Funds Ltd acquired a new stake in Toyota Motor Co. (NYSE:TM - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 328,500 shares of the company's stock, valued at approximately $58,660,000. Toyota Motor comprises approximately 0.8% of Mediolanum International Funds Ltd's investment portfolio, making the stock its 24th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC purchased a new position in Toyota Motor during the first quarter worth about $30,000. POM Investment Strategies LLC raised its stake in shares of Toyota Motor by 292.1% in the 2nd quarter. POM Investment Strategies LLC now owns 149 shares of the company's stock valued at $31,000 after acquiring an additional 111 shares during the period. Jamison Private Wealth Management Inc. increased its holdings in Toyota Motor by 300.0% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company's stock valued at $30,000 after purchasing an additional 126 shares during the last quarter. Mather Group LLC. grew its stake in shares of Toyota Motor by 113.9% in the second quarter. Mather Group LLC. now owns 169 shares of the company's stock valued at $35,000 after buying an additional 90 shares in the last quarter. Finally, Grove Bank & Trust acquired a new position in Toyota Motor during the 3rd quarter worth about $32,000. Hedge funds and other institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Up 0.9 %

Shares of TM traded up $1.48 during mid-day trading on Friday, hitting $171.91. 272,508 shares of the company's stock were exchanged, compared to its average volume of 321,674. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23. The stock's 50-day moving average is $179.08 and its 200-day moving average is $198.78. The company has a market cap of $231.63 billion, a price-to-earnings ratio of 6.96, a P/E/G ratio of 0.30 and a beta of 0.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18.

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