TruNorth Capital Management LLC Makes New Investment in Toyota Motor Co. (NYSE:TM)

TruNorth Capital Management LLC bought a new position in shares of Toyota Motor Co. (NYSE:TM - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,600 shares of the company's stock, valued at approximately $311,000.

Other hedge funds also recently bought and sold shares of the company. BankPlus Trust Department bought a new stake in Toyota Motor in the 4th quarter valued at approximately $58,000. IFP Advisors Inc grew its position in shares of Toyota Motor by 39.5% in the 4th quarter. IFP Advisors Inc now owns 318 shares of the company's stock valued at $62,000 after acquiring an additional 90 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in Toyota Motor in the 4th quarter valued at about $5,919,000. Callan Capital LLC grew its holdings in Toyota Motor by 39.8% during the fourth quarter. Callan Capital LLC now owns 5,925 shares of the company's stock worth $1,153,000 after purchasing an additional 1,688 shares during the period. Finally, Bank of Stockton bought a new position in Toyota Motor during the fourth quarter worth $404,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

Shares of TM stock traded up $2.90 during trading hours on Tuesday, hitting $179.52. 261,975 shares of the company were exchanged, compared to its average volume of 375,027. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The firm has a fifty day simple moving average of $185.95 and a 200 day simple moving average of $180.11. The stock has a market capitalization of $241.89 billion, a price-to-earnings ratio of 7.41, a P/E/G ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping analysts' consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Research analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on TM shares. StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. Macquarie raised Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. Finally, CLSA downgraded Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th.

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.