Grandview Asset Management LLC Takes $771,000 Position in Toyota Motor Co. (NYSE:TM)

Grandview Asset Management LLC purchased a new position in Toyota Motor Co. (NYSE:TM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,963 shares of the company’s stock, valued at approximately $771,000.

A number of other large investors have also bought and sold shares of TM. Highline Wealth Partners LLC bought a new position in shares of Toyota Motor in the 3rd quarter worth $27,000. Jamison Private Wealth Management Inc. raised its holdings in Toyota Motor by 300.0% during 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 during the last quarter. Modus Advisors LLC acquired a new position in shares of Toyota Motor during the fourth quarter valued at about $31,000. Grove Bank & Trust bought a new stake in shares of Toyota Motor during the third quarter worth about $32,000. Finally, Brown Brothers Harriman & Co. raised its holdings in shares of Toyota Motor by 188.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 294 shares of the company’s stock worth $52,000 after acquiring an additional 192 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th.

Toyota Motor Price Performance

Shares of NYSE:TM opened at $183.46 on Tuesday. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. The stock has a market cap of $247.20 billion, a PE ratio of 8.72, a price-to-earnings-growth ratio of 0.31 and a beta of 0.63. The stock’s fifty day simple moving average is $179.62 and its two-hundred day simple moving average is $182.29. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The firm had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. As a group, analysts forecast that Toyota Motor Co. will post 21.56 EPS 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.