First Bancorp Inc ME Buys Shares of 800 Toyota Motor Co. (NYSE:TM)

First Bancorp Inc ME bought a new stake in shares of Toyota Motor Co. (NYSE:TM) in the 1st quarter, HoldingsChannel reports. The fund bought 800 shares of the company’s stock, valued at approximately $201,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC raised its holdings in Toyota Motor by 2.9% during the 4th quarter. Fisher Asset Management LLC now owns 6,213,105 shares of the company’s stock worth $1,139,359,000 after buying an additional 172,347 shares during the period. Morgan Stanley increased its holdings in shares of Toyota Motor by 2.5% in the 3rd quarter. Morgan Stanley now owns 1,623,169 shares of the company’s stock valued at $291,765,000 after purchasing an additional 40,254 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Toyota Motor by 0.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 981,028 shares of the company’s stock valued at $179,901,000 after purchasing an additional 8,197 shares during the period. CIBC Private Wealth Group LLC increased its holdings in shares of Toyota Motor by 385.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock valued at $171,423,000 after purchasing an additional 742,409 shares during the period. Finally, FMR LLC increased its holdings in shares of Toyota Motor by 6.2% in the 3rd quarter. FMR LLC now owns 610,358 shares of the company’s stock valued at $109,712,000 after purchasing an additional 35,642 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Toyota Motor stock traded down $3.10 during trading hours on Wednesday, reaching $203.12. 211,158 shares of the company were exchanged, compared to its average volume of 299,679. The firm has a market cap of $273.69 billion, a price-to-earnings ratio of 8.02, a PEG ratio of 0.35 and a beta of 0.69. The company has a current ratio of 1.19, a quick ratio of 1.03 and a debt-to-equity ratio of 0.60. The stock has a 50-day moving average of $216.55 and a 200 day moving average of $217.08. Toyota Motor Co. has a 12 month low of $155.21 and a 12 month high of $255.23.

Toyota Motor (NYSE:TM) last announced its earnings results on Wednesday, May 8th. The company reported $4.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.91 by $2.08. Toyota Motor had a return on equity of 14.82% and a net margin of 10.99%. The firm had revenue of $74.56 billion during the quarter, compared to analysts’ expectations of $67.21 billion. As a group, research analysts anticipate that Toyota Motor Co. will post 22.07 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Erste Group Bank restated a “hold” rating on shares of Toyota Motor in a report on Friday, June 14th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Toyota Motor presently has an average rating of “Hold”.

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.