Dynamic Advisor Solutions LLC increased its holdings in shares of Toyota Motor Co. (NYSE:TM – Free Report) by 47.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,520 shares of the company’s stock after acquiring an additional 1,457 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Toyota Motor were worth $927,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the business. Goldman Sachs Group Inc. lifted its holdings in Toyota Motor by 0.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 981,028 shares of the company’s stock valued at $179,901,000 after purchasing an additional 8,197 shares during the last quarter. Cerity Partners LLC raised its stake in shares of Toyota Motor by 43.1% in the fourth quarter. Cerity Partners LLC now owns 27,700 shares of the company’s stock worth $5,080,000 after acquiring an additional 8,340 shares during the last quarter. Marketfield Asset Management LLC raised its stake in shares of Toyota Motor by 44.8% in the fourth quarter. Marketfield Asset Management LLC now owns 23,174 shares of the company’s stock worth $4,250,000 after acquiring an additional 7,170 shares during the last quarter. Naviter Wealth LLC raised its stake in shares of Toyota Motor by 20.5% in the fourth quarter. Naviter Wealth LLC now owns 23,877 shares of the company’s stock worth $4,379,000 after acquiring an additional 4,061 shares during the last quarter. Finally, Fox Hill Wealth Management bought a new position in shares of Toyota Motor in the first quarter worth about $1,879,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Erste Group Bank reaffirmed a “hold” rating on shares of Toyota Motor in a research note on Friday, June 14th.
Toyota Motor Trading Up 2.1 %
NYSE TM traded up $3.55 during trading on Tuesday, reaching $171.52. 50,529 shares of the stock traded hands, compared to its average volume of 303,157. The firm has a market cap of $231.11 billion, a price-to-earnings ratio of 6.62, a price-to-earnings-growth ratio of 0.38 and a beta of 0.68. The stock’s 50-day moving average price is $196.70 and its 200 day moving average price is $218.58. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.60. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23.
Toyota Motor (NYSE:TM – Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $2.34. The firm had revenue of $75.94 billion during the quarter, compared to analysts’ expectations of $72.48 billion. Toyota Motor had a net margin of 10.70% and a return on equity of 14.28%. During the same quarter in the previous year, the company earned $7.05 earnings per share. Analysts predict that Toyota Motor Co. will post 17 EPS 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.
See Also
- Five stocks we like better than Toyota Motor
- What is Forex and How Does it Work?
- 3 Small Cap Stocks Insiders Are Actively Buying
- Election Stocks: How Elections Affect the Stock Market
- Market Turbulence: Time to Snap Up Magnificent Seven Stocks?
- Earnings Per Share Calculator: How to Calculate EPS
- Buy the Dip in Home Depot, But Wait for It to Bottom FirstĀ
Want to see what other hedge funds are holding TM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Toyota Motor Co. (NYSE:TM – Free Report).
Receive News & Ratings for Toyota Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toyota Motor and related companies with MarketBeat.com's FREE daily email newsletter.