Ieq Capital LLC Has $1.62 Million Position in Toyota Motor Co. (NYSE:TM)

Ieq Capital LLC lifted its stake in Toyota Motor Co. (NYSE:TM) by 55.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 8,310 shares of the company’s stock after acquiring an additional 2,976 shares during the period. Ieq Capital LLC’s holdings in Toyota Motor were worth $1,617,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Highline Wealth Partners LLC acquired a new position in Toyota Motor in the 3rd quarter valued at approximately $27,000. Modus Advisors LLC bought a new stake in shares of Toyota Motor during the fourth quarter valued at approximately $31,000. Trust Co. of Vermont raised its stake in shares of Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after purchasing an additional 85 shares in the last quarter. Roxbury Financial LLC bought a new position in Toyota Motor in the fourth quarter worth $41,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in Toyota Motor during the fourth quarter worth $42,000. 1.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Toyota Motor Stock Performance

Toyota Motor stock opened at $177.16 on Monday. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The stock has a fifty day moving average price of $185.78 and a two-hundred day moving average price of $179.98. The firm has a market capitalization of $238.70 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. As a group, analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Toyota Motor Company 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.