Park Avenue Securities LLC increased its holdings in Toyota Motor Co. (NYSE:TM - Free Report) by 19.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,352 shares of the company's stock after buying an additional 2,023 shares during the period. Park Avenue Securities LLC's holdings in Toyota Motor were worth $2,404,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of the stock. Grandview Asset Management LLC acquired a new position in Toyota Motor during the 4th quarter valued at approximately $771,000. FNY Investment Advisers LLC purchased a new stake in shares of Toyota Motor during the fourth quarter valued at $1,167,000. Wedmont Private Capital increased its position in shares of Toyota Motor by 4.3% in the 4th quarter. Wedmont Private Capital now owns 2,246 shares of the company's stock valued at $412,000 after acquiring an additional 92 shares during the period. Salem Investment Counselors Inc. raised its stake in Toyota Motor by 21.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 7,046 shares of the company's stock worth $1,371,000 after acquiring an additional 1,224 shares during the last quarter. Finally, Aprio Wealth Management LLC grew its stake in Toyota Motor by 6.5% during the 4th quarter. Aprio Wealth Management LLC now owns 1,411 shares of the company's stock valued at $275,000 after purchasing an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th.
Read Our Latest Analysis on TM
Toyota Motor Stock Performance
Shares of TM stock traded down $0.76 during trading hours on Friday, hitting $180.72. The company's stock had a trading volume of 432,035 shares, compared to its average volume of 437,594. The stock has a market cap of $243.50 billion, a PE ratio of 8.59, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a 50 day moving average of $180.26 and a 200 day moving average of $182.00. 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 12-month low of $159.04 and a 12-month high of $255.23.
Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly 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). The firm had revenue of $76.92 billion for 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, sell-side analysts forecast that Toyota Motor Co. will post 19.9 EPS for the current fiscal year.
Toyota Motor Company 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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