Highline Wealth Partners LLC Acquires Shares of 152 Toyota Motor Co. (NYSE:TM)

Highline Wealth Partners LLC acquired a new stake in Toyota Motor Co. (NYSE:TM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 152 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Toyota Motor by 13.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,267 shares of the company’s stock worth $1,074,000 after acquiring an additional 502 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Toyota Motor by 14,462.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,330 shares of the company’s stock valued at $586,000 after buying an additional 2,314 shares in the last quarter. HB Wealth Management LLC lifted its stake in Toyota Motor by 24.0% in the 1st quarter. HB Wealth Management LLC now owns 1,434 shares of the company’s stock valued at $361,000 after buying an additional 278 shares in the last quarter. Private Advisor Group LLC lifted its stake in Toyota Motor by 15.5% in the 1st quarter. Private Advisor Group LLC now owns 5,113 shares of the company’s stock valued at $1,287,000 after buying an additional 685 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its stake in Toyota Motor by 3.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 7,944 shares of the company’s stock valued at $1,999,000 after buying an additional 266 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Price Performance

TM stock opened at $175.21 on Thursday. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18. The stock’s 50 day moving average price is $178.45 and its 200 day moving average price is $196.49. The firm has a market cap of $236.08 billion, a P/E ratio of 7.10, a PEG ratio of 0.30 and a beta of 0.68.

Toyota Motor (NYSE:TM) last posted its earnings results on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $2.34. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. The firm had revenue of $75.94 billion for the quarter, compared to analyst estimates of $72.48 billion. During the same quarter in the prior year, the company earned $7.05 EPS. On average, sell-side analysts expect that Toyota Motor Co. will post 21.7 earnings per share 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.