Clear Harbor Asset Management LLC increased its stake in shares of Toyota Motor Co. (NYSE:TM – Free Report) by 48.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,978 shares of the company’s stock after buying an additional 978 shares during the period. Clear Harbor Asset Management LLC’s holdings in Toyota Motor were worth $580,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. Crossmark Global Holdings Inc. boosted its position in shares of Toyota Motor by 2.8% in the 4th quarter. Crossmark Global Holdings Inc. now owns 59,775 shares of the company’s stock worth $11,633,000 after buying an additional 1,655 shares in the last quarter. Mitchell & Pahl Private Wealth LLC boosted its holdings in shares of Toyota Motor by 5.2% during the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 5,740 shares of the company’s stock worth $1,117,000 after purchasing an additional 283 shares during the last quarter. Ballentine Partners LLC grew its holdings in Toyota Motor by 20.5% in the 4th quarter. Ballentine Partners LLC now owns 9,511 shares of the company’s stock valued at $1,851,000 after buying an additional 1,619 shares during the period. Ellsworth Advisors LLC grew its holdings in Toyota Motor by 2.4% in the fourth quarter. Ellsworth Advisors LLC now owns 9,553 shares of the company’s stock valued at $1,859,000 after purchasing an additional 227 shares during the period. Finally, Clarius Group LLC increased its holdings in shares of Toyota Motor by 15.6% during the 4th quarter. Clarius Group LLC now owns 3,693 shares of the company’s stock worth $719,000 after buying an additional 499 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.
Toyota Motor Stock Performance
Shares of NYSE:TM opened at $186.82 on Wednesday. The company has a market cap of $251.72 billion, a P/E ratio of 8.87, a PEG ratio of 0.34 and a beta of 0.63. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The business’s 50-day simple moving average is $180.39 and its 200 day simple moving average is $181.48. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23.
Toyota Motor (NYSE:TM – Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The firm had revenue of $76.92 billion for the quarter, compared to analyst estimates of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. On average, sell-side analysts forecast that Toyota Motor Co. will post 19.9 earnings per share 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.
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