Heritage Wealth Management Inc. Makes New Investment in Toyota Motor Co. (NYSE:TM)

Heritage Wealth Management Inc. bought a new position in shares of Toyota Motor Co. (NYSE:TM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,075 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors also recently bought and sold shares of TM. Modus Advisors LLC purchased a new stake in Toyota Motor during the fourth quarter worth $31,000. Trust Co. of Vermont boosted its position in Toyota Motor by 113.3% during the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares in the last quarter. Roxbury Financial LLC purchased a new stake in Toyota Motor during the fourth quarter worth $41,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Toyota Motor in the fourth quarter valued at $42,000. Finally, GPS Wealth Strategies Group LLC lifted its position in shares of Toyota Motor by 800.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock valued at $44,000 after acquiring an additional 200 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TM has been the topic of several recent research reports. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, CLSA downgraded Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th.

Toyota Motor Stock Down 0.4 %

Shares of NYSE:TM opened at $181.48 on Friday. The company has a market capitalization of $244.53 billion, a P/E ratio of 7.49, a P/E/G ratio of 0.35 and a beta of 0.63. The stock’s fifty day simple moving average is $186.34 and its 200-day simple moving average is $180.28. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating 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%. As a group, equities research analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Toyota Motor 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.