BankPlus Trust Department Acquires Shares of 300 Toyota Motor Co. (NYSE:TM)

BankPlus Trust Department purchased a new position in Toyota Motor Co. (NYSE:TM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 300 shares of the company’s stock, valued at approximately $58,000.

A number of other hedge funds have also recently made changes to their positions in TM. Highline Wealth Partners LLC bought a new position in shares of Toyota Motor in the third quarter worth about $27,000. Modus Advisors LLC acquired a new position in Toyota Motor in the 4th quarter worth approximately $31,000. Trust Co. of Vermont increased its holdings in Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after buying an additional 85 shares during the period. Roxbury Financial LLC acquired a new position in Toyota Motor in the 4th quarter worth approximately $41,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in Toyota Motor in the 4th quarter worth approximately $42,000. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Price Performance

NYSE:TM opened at $179.52 on Wednesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The firm has a market cap of $241.89 billion, a price-to-earnings ratio of 7.41, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a 50 day moving average price of $185.95 and a 200-day moving average price of $180.11. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. Equities research analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on TM shares. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Finally, CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th.

Toyota Motor 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.