Pitcairn Co. raised its holdings in shares of Toyota Motor Co. (NYSE:TM – Free Report) by 13.0% in the 4th quarter, Holdings Channel reports. The firm owned 5,059 shares of the company’s stock after purchasing an additional 581 shares during the quarter. Pitcairn Co.’s holdings in Toyota Motor were worth $985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently modified their holdings of TM. Modus Advisors LLC bought a new stake in shares of Toyota Motor in the 4th quarter worth approximately $31,000. Trust Co. of Vermont lifted its stake in 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 buying an additional 85 shares during the last quarter. Roxbury Financial LLC acquired a new position in shares of Toyota Motor during the fourth quarter valued at $41,000. Newbridge Financial Services Group Inc. bought a new position in shares of Toyota Motor during the fourth quarter worth about $42,000. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of Toyota Motor by 800.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock worth $44,000 after acquiring an additional 200 shares during the period. 1.48% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. CLSA lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th.
Toyota Motor Price Performance
Shares of NYSE:TM opened at $158.71 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. The company has a market capitalization of $213.84 billion, a PE ratio of 6.55, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The stock has a fifty day moving average of $184.40 and a 200-day moving average of $180.76. Toyota Motor Co. has a one year low of $156.73 and a one year high of $248.47.
Toyota Motor (NYSE:TM – Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (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, equities 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.
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