Rainier Group Investment Advisory LLC bought a new position in Toyota Motor Corp (NYSE:TM) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $130,000.
Several other large investors have also added to or reduced their stakes in the company. Wetherby Asset Management Inc. grew its position in shares of Toyota Motor by 2.1% in the 4th quarter. Wetherby Asset Management Inc. now owns 19,138 shares of the company’s stock worth $2,434,000 after buying an additional 395 shares during the period. Greenleaf Trust grew its position in Toyota Motor by 3.1% during the 1st quarter. Greenleaf Trust now owns 13,385 shares of the company’s stock valued at $1,745,000 after purchasing an additional 400 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its position in Toyota Motor by 16.2% during the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 2,873 shares of the company’s stock valued at $375,000 after purchasing an additional 401 shares during the last quarter. Stifel Financial Corp grew its position in Toyota Motor by 0.6% during the 1st quarter. Stifel Financial Corp now owns 66,217 shares of the company’s stock valued at $8,647,000 after purchasing an additional 413 shares during the last quarter. Finally, IHT Wealth Management LLC grew its position in Toyota Motor by 110.6% during the 1st quarter. IHT Wealth Management LLC now owns 857 shares of the company’s stock valued at $108,000 after purchasing an additional 450 shares during the last quarter. 0.74% of the stock is currently owned by hedge funds and other institutional investors.
Toyota Motor traded up $0.19, hitting $135.60, during midday trading on Thursday, according to MarketBeat. 5,742 shares of the company traded hands, compared to its average volume of 201,576. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.88 and a current ratio of 1.02. The stock has a market capitalization of $201.49 billion, a P/E ratio of 9.02, a P/E/G ratio of 1.67 and a beta of 0.70. Toyota Motor Corp has a 52 week low of $103.62 and a 52 week high of $140.99.
Toyota Motor (NYSE:TM) last posted its earnings results on Tuesday, May 8th. The company reported $3.00 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.61 by $0.39. The business had revenue of $69.99 billion for the quarter, compared to analysts’ expectations of $40.55 billion. Toyota Motor had a net margin of 8.46% and a return on equity of 13.06%. research analysts forecast that Toyota Motor Corp will post 14.57 EPS for the current fiscal year.
TM has been the topic of several recent analyst reports. UBS Group raised shares of Toyota Motor from a “sell” rating to a “neutral” rating in a research report on Tuesday, March 27th. Zacks Investment Research downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, April 13th. ValuEngine downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 26th. Goldman Sachs Group raised shares of Toyota Motor from a “neutral” rating to a “buy” rating in a research report on Friday, June 1st. Finally, Bank of America raised shares of Toyota Motor from an “underperform” rating to a “neutral” rating in a research report on Thursday, March 1st. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Toyota Motor presently has an average rating of “Buy” and an average target price of $126.74.
Toyota Motor Company Profile
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. The company operates through Automotive, Financial Services, and All Other segments. It offers hybrid cars under the Prius, Voxy/Noah, NX300h, RC300h, Esquire, Alphard, Vellfire, Sienta, RX-HV, Auris, C-HR, and LC names; fuel cell passenger vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla sedan, Yaris, Vitz, Aygo, Corolla Axio/Fielder, Porte, Spade, Auris, Etios, Vios, AGYA, and Yaris iA brand names.
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