Charles Schwab Investment Management Inc. grew its holdings in Toyota Motor Co. (NYSE:TM – Free Report) by 17.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,891 shares of the company’s stock after buying an additional 10,576 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Toyota Motor were worth $13,991,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Modus Advisors LLC acquired a new stake in shares of Toyota Motor in the fourth quarter valued at $31,000. Trust Co. of Vermont increased its stake in shares of Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after buying an additional 85 shares in the last quarter. Roxbury Financial LLC acquired a new stake in Toyota Motor in the fourth quarter worth about $41,000. Newbridge Financial Services Group Inc. acquired a new stake in Toyota Motor in the fourth quarter worth about $42,000. Finally, GPS Wealth Strategies Group LLC increased its position in Toyota Motor by 800.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock worth $44,000 after purchasing an additional 200 shares during the period. 1.48% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
TM has been the subject of a number of research reports. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. Finally, Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th.
Toyota Motor Price Performance
Toyota Motor stock opened at $190.88 on Friday. The firm has a market capitalization of $257.19 billion, a P/E ratio of 7.88, a PEG ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23. The business has a 50-day moving average of $185.40 and a 200-day moving average of $180.70. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64.
Toyota Motor (NYSE:TM – Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. On average, equities analysts anticipate that Toyota Motor Co. will post 19.76 EPS 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.
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