20,218 Toyota Motor Corporation $TM Shares Acquired by Quadrant Capital Group LLC

Quadrant Capital Group LLC raised its position in shares of Toyota Motor Corporation (NYSE:TM) by 87.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,292 shares of the company’s stock after acquiring an additional 20,218 shares during the period. Quadrant Capital Group LLC’s holdings in Toyota Motor were worth $8,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Range Financial Group LLC purchased a new position in shares of Toyota Motor in the third quarter valued at $641,000. Physician Wealth Advisors Inc. increased its position in Toyota Motor by 111.0% in the third quarter. Physician Wealth Advisors Inc. now owns 154 shares of the company’s stock worth $28,000 after purchasing an additional 81 shares during the last quarter. 55 North Private Wealth LLC increased its position in Toyota Motor by 41.7% in the third quarter. 55 North Private Wealth LLC now owns 1,921 shares of the company’s stock worth $352,000 after purchasing an additional 565 shares during the last quarter. Norway Savings Bank raised its stake in Toyota Motor by 72.6% during the third quarter. Norway Savings Bank now owns 3,319 shares of the company’s stock valued at $608,000 after purchasing an additional 1,396 shares in the last quarter. Finally, Net Worth Advisory Group purchased a new stake in Toyota Motor during the third quarter valued at $369,000. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Stock Up 1.4%

Shares of TM opened at $196.83 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.68. The business has a fifty day moving average of $191.20 and a 200 day moving average of $188.27. The company has a market cap of $256.54 billion, a PE ratio of 8.68, a P/E/G ratio of 1.28 and a beta of 0.61. Toyota Motor Corporation has a 52-week low of $166.10 and a 52-week high of $248.90.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $7.42 earnings per share for the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%. The business had revenue of $83.16 billion for the quarter. On average, sell-side analysts expect that Toyota Motor Corporation will post 20.30 EPS for the current year.

Analyst Ratings Changes

Several research firms have commented on TM. Weiss Ratings upgraded shares of Toyota Motor from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Finally, Zacks Research upgraded shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Three research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $290.00.

Insider Activity

In other news, President Kenta Kon purchased 85,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was purchased at an average cost of $18.41 per share, with a total value of $1,564,850.00. Following the purchase, the president owned 148,100 shares in the company, valued at approximately $2,726,521. This trade represents a 134.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

About Toyota Motor

Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger vehicles, commercial vehicles and related mobility products under the Toyota and Lexus brands. It also produces vehicles through the Hino and Daihatsu businesses.

Toyota’s product portfolio includes cars, trucks, sport utility vehicles, minivans and buses, along with hybrid-electric, battery-electric and hydrogen fuel-cell vehicles.