Toyota Motor Co. (NYSE:TM) Stock Position Lifted by SRB Corp

SRB Corp increased its position in Toyota Motor Co. (NYSE:TM) by 2.0% in the 4th quarter, HoldingsChannel reports. The fund owned 398,656 shares of the company’s stock after purchasing an additional 7,708 shares during the period. Toyota Motor accounts for about 4.4% of SRB Corp’s holdings, making the stock its 9th biggest position. SRB Corp’s holdings in Toyota Motor were worth $77,582,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TM. Fisher Asset Management LLC increased its holdings in Toyota Motor by 1.9% during the 4th quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company’s stock valued at $1,341,254,000 after purchasing an additional 129,560 shares during the period. Northern Trust Corp raised its position in Toyota Motor by 66.5% in the 4th quarter. Northern Trust Corp now owns 961,403 shares of the company’s stock worth $187,099,000 after buying an additional 384,149 shares during the last quarter. FMR LLC increased its stake in shares of Toyota Motor by 14.3% in the fourth quarter. FMR LLC now owns 563,437 shares of the company’s stock worth $109,651,000 after purchasing an additional 70,644 shares in the last quarter. Natixis Advisors LLC lifted its stake in Toyota Motor by 9.5% in the 4th quarter. Natixis Advisors LLC now owns 393,002 shares of the company’s stock worth $76,482,000 after purchasing an additional 34,110 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in Toyota Motor by 166.3% in the 4th quarter. Captrust Financial Advisors now owns 374,864 shares of the company’s stock worth $72,952,000 after purchasing an additional 234,078 shares in the last quarter. 1.48% of the stock is owned by institutional investors.

Toyota Motor Price Performance

Shares of TM stock opened at $183.52 on Friday. Toyota Motor Co. has a fifty-two week low of $155.00 and a fifty-two week high of $221.09. The firm has a market capitalization of $247.28 billion, a price-to-earnings ratio of 7.58, a PEG ratio of 0.35 and a beta of 0.67. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. The stock’s 50-day simple moving average is $182.08 and its 200-day simple moving average is $181.70.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $0.47. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. The business had revenue of $81.09 billion for the quarter, compared to analyst estimates of $11,956.52 billion. As a group, equities analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TM. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. DZ Bank downgraded Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a report on Friday, May 9th. Sanford C. Bernstein initiated coverage on shares of Toyota Motor in a report on Monday, April 14th. They issued a “market perform” rating for the company. Finally, CLSA cut Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Toyota Motor presently has an average rating of “Hold”.

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.