Toyota Motor Corporation $TM Shares Acquired by May Hill Capital LLC

May Hill Capital LLC raised its holdings in shares of Toyota Motor Corporation (NYSE:TM) by 141.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,014 shares of the company’s stock after acquiring an additional 2,935 shares during the period. May Hill Capital LLC’s holdings in Toyota Motor were worth $1,073,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new position in shares of Toyota Motor during the 3rd quarter valued at approximately $26,000. Highline Wealth Partners LLC increased its holdings in shares of Toyota Motor by 92.4% during the 4th quarter. Highline Wealth Partners LLC now owns 152 shares of the company’s stock valued at $33,000 after purchasing an additional 73 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in shares of Toyota Motor by 37.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock valued at $38,000 after purchasing an additional 48 shares in the last quarter. Activest Wealth Management increased its holdings in shares of Toyota Motor by 10,000.0% during the 4th quarter. Activest Wealth Management now owns 202 shares of the company’s stock valued at $43,000 after purchasing an additional 200 shares in the last quarter. Finally, Palisade Asset Management LLC purchased a new position in shares of Toyota Motor during the 3rd quarter valued at approximately $49,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TM. Morgan Stanley began coverage on shares of Toyota Motor in a report on Friday, May 1st. They set an “equal weight” rating for the company. DZ Bank raised shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a report on Monday, March 2nd. Erste Group Bank lowered shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Zacks Research lowered shares of Toyota Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Freedom Capital raised shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $290.00.

Toyota Motor Price Performance

Shares of NYSE TM opened at $190.83 on Friday. The firm has a market cap of $248.72 billion, a PE ratio of 9.75 and a beta of 0.58. The firm has a fifty day moving average of $204.87 and a 200 day moving average of $213.67. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.12 and a current ratio of 1.27. Toyota Motor Corporation has a one year low of $167.18 and a one year high of $248.90.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $3.80 EPS for the quarter. The company had revenue of $76.81 billion during the quarter. Toyota Motor had a net margin of 7.59% and a return on equity of 9.74%. As a group, research analysts predict that Toyota Motor Corporation will post 16.02 EPS for the current fiscal year.

Toyota Motor Profile

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.