IPG Investment Advisors LLC Makes New $4.80 Million Investment in Toyota Motor Co. (NYSE:TM)

IPG Investment Advisors LLC bought a new stake in Toyota Motor Co. (NYSE:TM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 24,642 shares of the company’s stock, valued at approximately $4,796,000. Toyota Motor comprises 1.1% of IPG Investment Advisors LLC’s investment portfolio, making the stock its 25th biggest position.

Other large investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Toyota Motor by 14.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 61,315 shares of the company’s stock valued at $10,949,000 after buying an additional 7,768 shares during the period. Citigroup Inc. raised its holdings in Toyota Motor by 4.4% in the 3rd quarter. Citigroup Inc. now owns 26,386 shares of the company’s stock valued at $4,712,000 after acquiring an additional 1,112 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in shares of Toyota Motor by 8.2% during the 3rd quarter. Kingsview Wealth Management LLC now owns 1,680 shares of the company’s stock valued at $300,000 after acquiring an additional 128 shares during the period. Bank of Montreal Can grew its holdings in shares of Toyota Motor by 3.2% during the 3rd quarter. Bank of Montreal Can now owns 46,227 shares of the company’s stock worth $8,451,000 after purchasing an additional 1,433 shares in the last quarter. Finally, D.A. Davidson & CO. increased its position in shares of Toyota Motor by 6.1% in the third quarter. D.A. Davidson & CO. now owns 11,012 shares of the company’s stock worth $1,966,000 after purchasing an additional 630 shares during the period. Institutional investors own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

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

Toyota Motor Price Performance

TM stock opened at $179.20 on Friday. The stock has a market cap of $241.46 billion, a price-to-earnings ratio of 7.40, a P/E/G ratio of 0.35 and a beta of 0.63. 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 company has a 50 day simple moving average of $185.84 and a 200 day simple moving average of $180.96. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $248.47.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Research analysts anticipate that Toyota Motor Co. will post 19.76 EPS 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.