JPMorgan Chase & Co. Has $11.64 Million Position in Toyota Motor Co. (NYSE:TM)

JPMorgan Chase & Co. boosted its holdings in Toyota Motor Co. (NYSE:TM) by 14.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,802 shares of the company’s stock after acquiring an additional 7,744 shares during the quarter. JPMorgan Chase & Co.’s holdings in Toyota Motor were worth $11,638,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Modus Advisors LLC acquired a new stake in shares of Toyota Motor in the 4th quarter valued at $31,000. Trust Co. of Vermont lifted its holdings in Toyota Motor by 113.3% during the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after purchasing an additional 85 shares during the last quarter. Roxbury Financial LLC acquired a new position in Toyota Motor in the fourth quarter valued at about $41,000. Newbridge Financial Services Group Inc. bought a new stake in Toyota Motor during the fourth quarter worth about $42,000. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of Toyota Motor by 800.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock worth $44,000 after buying an additional 200 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Shares of Toyota Motor stock opened at $169.36 on Monday. The firm has a 50 day simple moving average of $181.48 and a 200 day simple moving average of $179.95. Toyota Motor Co. has a fifty-two week low of $155.00 and a fifty-two week high of $246.07. 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 firm has a market cap of $228.19 billion, a P/E ratio of 6.99, a P/E/G ratio of 0.35 and a beta of 0.64.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping 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%. Sell-side analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. Finally, CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th.

Toyota Motor Company 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.