Vantage Investment Partners LLC acquired a new position in Toyota Motor Co. (NYSE:TM - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 29,000 shares of the company's stock, valued at approximately $5,179,000.
A number of other hedge funds have also recently added to or reduced their stakes in TM. Pathway Financial Advisers LLC bought a new stake in Toyota Motor in the first quarter worth about $30,000. POM Investment Strategies LLC raised its position in Toyota Motor by 292.1% in the second quarter. POM Investment Strategies LLC now owns 149 shares of the company's stock worth $31,000 after acquiring an additional 111 shares in the last quarter. Highline Wealth Partners LLC bought a new stake in Toyota Motor in the third quarter worth about $27,000. Jamison Private Wealth Management Inc. raised its holdings in Toyota Motor by 300.0% during 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 period. Finally, Mather Group LLC. lifted its stake in Toyota Motor by 113.9% during 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. Institutional investors and hedge funds own 1.48% of the company's stock.
Toyota Motor Stock Up 0.5 %
Shares of TM stock traded up $0.83 on Tuesday, reaching $174.93. 323,230 shares of the company's stock traded hands, compared to its average volume of 324,701. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.02 and a current ratio of 1.23. The company has a market capitalization of $235.70 billion, a P/E ratio of 8.27, a price-to-earnings-growth ratio of 0.30 and a beta of 0.68. The business's 50 day moving average price is $176.54 and its two-hundred day moving average price is $192.95.
Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing analysts' consensus estimates of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The company had revenue of $76.92 billion during the quarter, compared to analyst estimates of $79.78 billion. On average, equities 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.
See Also
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
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
