3,392 Shares in Toyota Motor Corporation $TM Purchased by Abel Hall LLC

Abel Hall LLC purchased a new stake in Toyota Motor Corporation (NYSE:TM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,392 shares of the company’s stock, valued at approximately $621,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Rehmann Capital Advisory Group lifted its position in shares of Toyota Motor by 3.2% during the 4th quarter. Rehmann Capital Advisory Group now owns 1,468 shares of the company’s stock worth $314,000 after buying an additional 45 shares during the last quarter. Physicians Financial Services Inc. boosted its holdings in shares of Toyota Motor by 1.1% in the 1st quarter. Physicians Financial Services Inc. now owns 4,747 shares of the company’s stock valued at $978,000 after buying an additional 50 shares in the last quarter. Wedbush Securities Inc. grew its position in shares of Toyota Motor by 3.0% in the 2nd quarter. Wedbush Securities Inc. now owns 1,878 shares of the company’s stock valued at $316,000 after buying an additional 54 shares during the last quarter. 55 North Private Wealth LLC grew its position in shares of Toyota Motor by 4.5% in the 2nd quarter. 55 North Private Wealth LLC now owns 1,356 shares of the company’s stock valued at $228,000 after buying an additional 58 shares during the last quarter. Finally, Community Bank & Trust Waco Texas grew its position in shares of Toyota Motor by 0.9% in the 2nd quarter. Community Bank & Trust Waco Texas now owns 6,841 shares of the company’s stock valued at $1,152,000 after buying an additional 58 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Insider Activity at Toyota Motor

In other Toyota Motor news, President Kenta Kon purchased 85,000 shares of Toyota Motor stock in a transaction that occurred on Wednesday, August 5th. The stock was purchased at an average price of $18.41 per share, for a total transaction of $1,564,850.00. Following the transaction, the president directly owned 148,100 shares in the company, valued at $2,726,521. This trade represents a 134.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Toyota Motor Stock Performance

TM traded down $0.72 during trading on Monday, hitting $193.89. 300,414 shares of the stock were exchanged, compared to its average volume of 390,304. The firm has a market capitalization of $252.70 billion, a P/E ratio of 8.55, a PEG ratio of 1.28 and a beta of 0.61. Toyota Motor Corporation has a 1-year low of $166.10 and a 1-year high of $248.90. The stock has a fifty day moving average price of $190.95 and a two-hundred day moving average price of $188.44. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.68.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $7.42 earnings per share for the quarter. The business had revenue of $83.16 billion during the quarter. Toyota Motor had a return on equity of 11.21% and a net margin of 8.61%. As a group, sell-side analysts predict that Toyota Motor Corporation will post 20.30 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TM has been the topic of several research analyst reports. Zacks Research upgraded shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Weiss Ratings upgraded shares of Toyota Motor from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Finally, Erste Group Bank raised Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $290.00.

Toyota Motor Profile

Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger vehicles, commercial vehicles and related mobility products under the Toyota and Lexus brands. It also produces vehicles through the Hino and Daihatsu businesses.

Toyota’s product portfolio includes cars, trucks, sport utility vehicles, minivans and buses, along with hybrid-electric, battery-electric and hydrogen fuel-cell vehicles.