Inspire Trust Co. N.A. Buys 5,400 Shares of Toyota Motor Co. (NYSE:TM)

Inspire Trust Co. N.A. boosted its stake in shares of Toyota Motor Co. (NYSE:TM) by 38.3% in the third quarter, Holdings Channel reports. The institutional investor owned 19,503 shares of the company’s stock after purchasing an additional 5,400 shares during the period. Inspire Trust Co. N.A.’s holdings in Toyota Motor were worth $3,483,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. POM Investment Strategies LLC raised its position in shares of Toyota Motor by 292.1% in the 2nd quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock worth $31,000 after purchasing an additional 111 shares during the last quarter. Highline Wealth Partners LLC purchased a new position in Toyota Motor in the third quarter worth about $27,000. Jamison Private Wealth Management Inc. lifted its stake in shares of Toyota Motor by 300.0% in the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after buying an additional 126 shares in the last quarter. Grove Bank & Trust purchased a new stake in shares of Toyota Motor during the third quarter valued at approximately $32,000. Finally, Field & Main Bank increased its position in shares of Toyota Motor by 300.0% during the second quarter. Field & Main Bank now owns 180 shares of the company’s stock valued at $37,000 after acquiring an additional 135 shares in the last quarter. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Performance

Shares of TM opened at $176.91 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23. The company has a market cap of $238.37 billion, a price-to-earnings ratio of 8.40, a P/E/G ratio of 0.31 and a beta of 0.67. The business’s fifty day simple moving average is $173.91 and its two-hundred day simple moving average is $185.52.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.39 by ($1.49). The company had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. Research analysts anticipate that Toyota Motor Co. will post 21.56 earnings per share for the current fiscal year.

Toyota Motor Profile

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.