Fisher Asset Management LLC lifted its position in Toyota Motor Co. (NYSE:TM – Free Report) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,213,105 shares of the company’s stock after buying an additional 172,347 shares during the quarter. Fisher Asset Management LLC owned about 0.46% of Toyota Motor worth $1,139,359,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. First Trust Direct Indexing L.P. increased its holdings in Toyota Motor by 16.5% in the 4th quarter. First Trust Direct Indexing L.P. now owns 19,202 shares of the company’s stock valued at $3,521,000 after buying an additional 2,726 shares during the period. Hexagon Capital Partners LLC increased its holdings in Toyota Motor by 11.4% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,300 shares of the company’s stock valued at $238,000 after buying an additional 133 shares during the period. Savant Capital LLC bought a new stake in Toyota Motor in the 4th quarter valued at $260,000. Brighton Jones LLC increased its holdings in Toyota Motor by 9.1% in the 4th quarter. Brighton Jones LLC now owns 1,968 shares of the company’s stock valued at $361,000 after buying an additional 164 shares during the period. Finally, Penobscot Investment Management Company Inc. bought a new stake in Toyota Motor in the 4th quarter valued at $202,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on TM. Nomura lowered Toyota Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. StockNews.com cut Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.
Toyota Motor Trading Up 1.8 %
Shares of TM stock traded up $3.97 during mid-day trading on Thursday, hitting $230.80. The company’s stock had a trading volume of 226,160 shares, compared to its average volume of 297,965. The company’s fifty day simple moving average is $240.08 and its 200-day simple moving average is $208.96. Toyota Motor Co. has a 52 week low of $134.88 and a 52 week high of $255.23. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.02 and a current ratio of 1.18. The company has a market cap of $312.69 billion, a PE ratio of 9.80, a P/E/G ratio of 0.38 and a beta of 0.72.
Toyota Motor (NYSE:TM – Get Free Report) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, topping the consensus estimate of $3.66 by $3.15. Toyota Motor had a return on equity of 14.13% and a net margin of 10.22%. The firm had revenue of $81.54 billion during the quarter, compared to analyst estimates of $73.72 billion. As a group, equities research analysts expect that Toyota Motor Co. will post 22.85 earnings per share 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.