Advisors Preferred LLC acquired a new stake in shares of Toyota Motor Corp (NYSE:TM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 739 shares of the company’s stock, valued at approximately $104,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Allred Capital Management LLC acquired a new position in Toyota Motor in the 4th quarter worth approximately $33,000. Quest Capital Management Inc. ADV purchased a new position in Toyota Motor during the 3rd quarter worth approximately $35,000. Griffin Asset Management Inc. acquired a new stake in Toyota Motor during the 2nd quarter valued at approximately $37,000. Stonebridge Capital Advisors LLC acquired a new stake in Toyota Motor during the 2nd quarter valued at approximately $46,000. Finally, Rehmann Capital Advisory Group boosted its holdings in shares of Toyota Motor by 31.5% in the 2nd quarter. Rehmann Capital Advisory Group now owns 513 shares of the company’s stock valued at $64,000 after acquiring an additional 123 shares during the last quarter. 0.88% of the stock is currently owned by hedge funds and other institutional investors.
Separately, ValuEngine upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, January 15th.
NYSE TM opened at $142.38 on Wednesday. Toyota Motor Corp has a 1 year low of $116.40 and a 1 year high of $145.41. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.06 and a quick ratio of 0.91. The company has a market capitalization of $197.76 billion, a PE ratio of 11.68, a P/E/G ratio of 1.03 and a beta of 0.73. The company has a fifty day moving average of $141.33 and a 200 day moving average of $136.03.
Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Thursday, November 7th. The company reported $3.87 earnings per share for the quarter, missing the consensus estimate of $3.94 by ($0.07). The company had revenue of $71.22 billion for the quarter, compared to analyst estimates of $68.99 billion. Toyota Motor had a return on equity of 9.58% and a net margin of 6.25%. Research analysts expect that Toyota Motor Corp will post 15.5 earnings per share for the current year.
Toyota Motor Profile
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates through Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius, Alphard, Vellfire, Sienta, RX-HV, Auris, Prius PHV, C-HR, LC, Camry, JPN TAXI, Avalon, Corolla HB, Crown, and Century names; fuel cell vehicles under the MIRAI and SORA names; and conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, Vitz, Aygo, Prius C, Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, and Yaris iA names.
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