HighPoint Advisor Group LLC Takes $1.07 Million Position in Toyota Motor Co. (NYSE:TM)

HighPoint Advisor Group LLC acquired a new stake in Toyota Motor Co. (NYSE:TMFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,832 shares of the company’s stock, valued at approximately $1,069,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Etesian Wealth Advisors Inc. lifted its holdings in shares of Toyota Motor by 1.9% in the 4th quarter. Etesian Wealth Advisors Inc. now owns 5,962 shares of the company’s stock valued at $1,080,000 after buying an additional 110 shares during the period. Goldman Sachs Group Inc. raised its holdings in Toyota Motor by 0.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 981,028 shares of the company’s stock worth $179,901,000 after purchasing an additional 8,197 shares during the period. Cerity Partners LLC raised its holdings in Toyota Motor by 43.1% in the 4th quarter. Cerity Partners LLC now owns 27,700 shares of the company’s stock worth $5,080,000 after purchasing an additional 8,340 shares during the period. Naviter Wealth LLC raised its holdings in Toyota Motor by 20.5% in the 4th quarter. Naviter Wealth LLC now owns 23,877 shares of the company’s stock worth $4,379,000 after purchasing an additional 4,061 shares during the period. Finally, Marketfield Asset Management LLC raised its holdings in Toyota Motor by 44.8% in the 4th quarter. Marketfield Asset Management LLC now owns 23,174 shares of the company’s stock worth $4,250,000 after purchasing an additional 7,170 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Ratings Changes

Separately, Erste Group Bank reissued a “hold” rating on shares of Toyota Motor in a report on Friday. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on TM

Toyota Motor Price Performance

Shares of Toyota Motor stock traded down $0.87 during mid-day trading on Tuesday, reaching $194.33. 34,132 shares of the stock traded hands, compared to its average volume of 295,928. The business has a 50-day moving average of $222.11 and a 200 day moving average of $216.76. Toyota Motor Co. has a fifty-two week low of $152.78 and a fifty-two week high of $255.23. The stock has a market capitalization of $261.84 billion, a PE ratio of 7.69, a PEG ratio of 0.34 and a beta of 0.69. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 0.60.

Toyota Motor (NYSE:TMGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported $4.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.91 by $2.08. Toyota Motor had a return on equity of 14.82% and a net margin of 10.99%. The company had revenue of $74.56 billion for the quarter, compared to analyst estimates of $67.21 billion. On average, analysts predict that Toyota Motor Co. will post 22.07 EPS for the current year.

Toyota Motor Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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