Donaldson Capital Management LLC Buys Shares of 1,125 Toyota Motor Co. (NYSE:TM)

Donaldson Capital Management LLC bought a new stake in Toyota Motor Co. (NYSE:TM) in the first quarter, Holdings Channel.com reports. The firm bought 1,125 shares of the company’s stock, valued at approximately $283,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 180 Wealth Advisors LLC grew its position in Toyota Motor by 2.6% in the first quarter. 180 Wealth Advisors LLC now owns 1,823 shares of the company’s stock worth $459,000 after acquiring an additional 47 shares during the period. Global Retirement Partners LLC grew its holdings in shares of Toyota Motor by 3.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,524 shares of the company’s stock worth $298,000 after purchasing an additional 51 shares during the period. B. Riley Wealth Advisors Inc. grew its holdings in shares of Toyota Motor by 1.5% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 3,612 shares of the company’s stock worth $649,000 after purchasing an additional 52 shares during the period. Keel Point LLC increased its position in shares of Toyota Motor by 3.8% during the 4th quarter. Keel Point LLC now owns 1,630 shares of the company’s stock worth $299,000 after purchasing an additional 60 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Toyota Motor by 2.2% in the 3rd quarter. Allworth Financial LP now owns 2,919 shares of the company’s stock valued at $525,000 after buying an additional 62 shares during the period. 1.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TM. Nomura lowered shares of Toyota Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. StockNews.com cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.

Toyota Motor Trading Up 0.6 %

Shares of TM stock traded up $1.35 on Friday, hitting $226.71. The stock had a trading volume of 242,281 shares, compared to its average volume of 269,303. The company’s 50 day moving average price is $240.06 and its 200-day moving average price is $207.73. Toyota Motor Co. has a 1 year low of $134.25 and a 1 year high of $255.23. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 1.02. The firm has a market capitalization of $307.15 billion, a P/E ratio of 9.66, a P/E/G ratio of 0.38 and a beta of 0.69.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.66 by $3.15. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. The company had revenue of $81.54 billion for the quarter, compared to analyst estimates of $73.72 billion. Analysts anticipate that Toyota Motor Co. will post 22.85 earnings per share for the current 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.