Nilsine Partners LLC Makes New Investment in Toyota Motor Co. (NYSE:TM)

Nilsine Partners LLC bought a new stake in Toyota Motor Co. (NYSE:TM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,509 shares of the company’s stock, valued at approximately $294,000.

Several other hedge funds also recently made changes to their positions in the company. Highline Wealth Partners LLC purchased a new position in shares of Toyota Motor during the third quarter valued at approximately $27,000. Jamison Private Wealth Management Inc. increased its position in Toyota Motor by 300.0% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after buying an additional 126 shares in the last quarter. Modus Advisors LLC purchased a new position in Toyota Motor during the fourth quarter valued at $31,000. Trust Co. of Vermont boosted its holdings in Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares in the last quarter. Finally, Grove Bank & Trust purchased a new stake in shares of Toyota Motor in the third quarter worth $32,000. 1.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor Price Performance

Shares of TM opened at $187.18 on Thursday. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The company has a market capitalization of $252.20 billion, a P/E ratio of 8.89, a price-to-earnings-growth ratio of 0.36 and a beta of 0.63. The firm has a 50 day moving average of $181.88 and a 200 day moving average of $180.69. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The business had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. As a group, equities research analysts anticipate that Toyota Motor Co. will post 19.9 earnings per share for the current fiscal year.

About Toyota Motor

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.