Toyota Motor Co. (NYSE:TM) Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management lifted its position in shares of Toyota Motor Co. (NYSE:TM) by 9.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,384 shares of the company’s stock after buying an additional 1,035 shares during the quarter. Ritholtz Wealth Management’s holdings in Toyota Motor were worth $2,271,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Etesian Wealth Advisors Inc. raised its stake in Toyota Motor by 1.9% in the 4th quarter. Etesian Wealth Advisors Inc. now owns 5,962 shares of the company’s stock valued at $1,080,000 after purchasing an additional 110 shares during the last quarter. Morgan Stanley grew its holdings in Toyota Motor by 2.5% in the 3rd quarter. Morgan Stanley now owns 1,623,169 shares of the company’s stock valued at $291,765,000 after buying an additional 40,254 shares during the period. Acadian Asset Management LLC purchased a new stake in Toyota Motor in the 3rd quarter valued at about $834,000. BKM Wealth Management LLC purchased a new stake in Toyota Motor in the 4th quarter valued at about $39,000. Finally, XY Capital Ltd purchased a new stake in Toyota Motor in the 3rd quarter valued at about $6,909,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Nomura cut Toyota Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. StockNews.com cut Toyota Motor from a “buy” rating to a “hold” rating in a report on Friday, January 19th.

Toyota Motor Trading Down 0.2 %

Shares of NYSE:TM traded down $0.47 during trading on Thursday, reaching $251.68. 124,848 shares of the stock were exchanged, compared to its average volume of 305,683. The firm has a market cap of $340.98 billion, a price-to-earnings ratio of 10.72, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. Toyota Motor Co. has a 12-month low of $133.02 and a 12-month high of $255.23. The firm’s 50-day moving average price is $227.94 and its 200 day moving average price is $199.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.02 and a current ratio of 1.18.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.66 by $3.15. The firm had revenue of $81.54 billion during the quarter, compared to analysts’ expectations of $73.72 billion. Toyota Motor had a return on equity of 14.13% and a net margin of 10.22%. On average, sell-side analysts anticipate that Toyota Motor Co. will post 23.06 earnings per share for the current fiscal 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.