Wedmont Private Capital Increases Stock Position in Toyota Motor Co. (NYSE:TM)

Wedmont Private Capital lifted its holdings in shares of Toyota Motor Co. (NYSE:TM) by 4.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,246 shares of the company’s stock after purchasing an additional 92 shares during the period. Wedmont Private Capital’s holdings in Toyota Motor were worth $412,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Rhumbline Advisers increased its position in Toyota Motor by 1.7% during the 2nd quarter. Rhumbline Advisers now owns 16,776 shares of the company’s stock worth $3,439,000 after purchasing an additional 273 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Toyota Motor by 8.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 18,158 shares of the company’s stock worth $3,722,000 after purchasing an additional 1,477 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Toyota Motor by 1.5% during the second quarter. Dimensional Fund Advisors LP now owns 250,149 shares of the company’s stock worth $51,273,000 after buying an additional 3,680 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of Toyota Motor in the second quarter valued at approximately $16,603,000. Finally, Axxcess Wealth Management LLC lifted its stake in shares of Toyota Motor by 3.8% during the second quarter. Axxcess Wealth Management LLC now owns 3,911 shares of the company’s stock valued at $802,000 after buying an additional 143 shares during the period. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Toyota Motor Stock Performance

NYSE TM opened at $184.84 on Thursday. The business’s 50-day moving average price is $179.83 and its 200 day moving average price is $182.15. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The company has a market capitalization of $249.06 billion, a PE ratio of 8.78, a price-to-earnings-growth ratio of 0.31 and a beta of 0.63.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The company had revenue of $76.92 billion for the quarter, compared to analysts’ expectations of $79.78 billion. On average, research analysts predict that Toyota Motor Co. will post 21.56 earnings per share for the current year.

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.