Foster & Motley Inc. boosted its position in shares of Toyota Motor Corp (NYSE:TM) by 10.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,173 shares of the company’s stock after acquiring an additional 2,064 shares during the period. Foster & Motley Inc.’s holdings in Toyota Motor were worth $2,633,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of TM. Federated Investors Inc. PA acquired a new position in shares of Toyota Motor in the 2nd quarter valued at $15,195,000. Renaissance Technologies LLC raised its position in Toyota Motor by 22.2% in the 2nd quarter. Renaissance Technologies LLC now owns 412,800 shares of the company’s stock valued at $53,173,000 after purchasing an additional 75,000 shares during the last quarter. Millennium Management LLC raised its position in Toyota Motor by 252.3% in the 1st quarter. Millennium Management LLC now owns 98,858 shares of the company’s stock valued at $12,888,000 after purchasing an additional 70,799 shares during the last quarter. Northern Trust Corp raised its position in Toyota Motor by 4.9% in the 2nd quarter. Northern Trust Corp now owns 1,444,615 shares of the company’s stock valued at $186,081,000 after purchasing an additional 67,349 shares during the last quarter. Finally, Bank of Montreal Can purchased a new stake in Toyota Motor in the 2nd quarter valued at $6,428,000. Institutional investors own 0.73% of the company’s stock.
TM has been the subject of a number of analyst reports. Zacks Investment Research downgraded shares of Toyota Motor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 19th. ValuEngine downgraded shares of Toyota Motor from a “hold” rating to a “sell” rating in a research report on Wednesday, August 15th. Finally, Bank of America upgraded shares of Toyota Motor from a “neutral” rating to a “buy” rating in a research report on Monday, October 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Toyota Motor currently has an average rating of “Hold” and an average target price of $139.50.
Shares of Toyota Motor stock opened at $117.70 on Friday. The firm has a market cap of $170.77 billion, a price-to-earnings ratio of 7.83, a PEG ratio of 1.35 and a beta of 0.70. The company has a quick ratio of 0.87, a current ratio of 1.01 and a debt-to-equity ratio of 0.53. Toyota Motor Corp has a one year low of $114.14 and a one year high of $140.99.
Toyota Motor (NYSE:TM) last announced its quarterly earnings data on Friday, August 3rd. The company reported $4.08 EPS for the quarter, topping the Zacks’ consensus estimate of $3.73 by $0.35. The company had revenue of $67.52 billion during the quarter, compared to the consensus estimate of $65.87 billion. Toyota Motor had a net margin of 8.52% and a return on equity of 13.25%. On average, equities research analysts forecast that Toyota Motor Corp will post 14.36 earnings per share for the current year.
Toyota Motor Company Profile
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates through Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius, Alphard, Vellfire, Sienta, RX-HV, Auris, Prius PHV, C-HR, LC, Camry, JPN TAXI, Avalon, Corolla HB, Crown, and Century names; fuel cell vehicles under the MIRAI and SORA names; and conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, Vitz, Aygo, Prius C, Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, and Yaris iA names.
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