3,966 Shares in Toyota Motor Corporation $TM Purchased by Pekao Towarzystwo Funduszy Inwestycyjnych S.A.

Pekao Towarzystwo Funduszy Inwestycyjnych S.A. purchased a new position in shares of Toyota Motor Corporation (NYSE:TM) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,966 shares of the company’s stock, valued at approximately $849,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Moran Wealth Management LLC lifted its position in Toyota Motor by 60.2% during the 4th quarter. Moran Wealth Management LLC now owns 30,613 shares of the company’s stock worth $6,553,000 after buying an additional 11,504 shares in the last quarter. Merit Financial Group LLC lifted its position in Toyota Motor by 4.8% during the 4th quarter. Merit Financial Group LLC now owns 2,745 shares of the company’s stock worth $588,000 after buying an additional 126 shares in the last quarter. Iams Wealth Management LLC acquired a new position in Toyota Motor during the 4th quarter worth about $286,000. PDS Planning Inc lifted its position in Toyota Motor by 15.2% during the 4th quarter. PDS Planning Inc now owns 4,493 shares of the company’s stock worth $962,000 after buying an additional 592 shares in the last quarter. Finally, PFG Investments LLC lifted its position in Toyota Motor by 20.1% during the 4th quarter. PFG Investments LLC now owns 1,684 shares of the company’s stock valued at $361,000 after purchasing an additional 282 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Ratings Changes

TM has been the topic of a number of research reports. Erste Group Bank downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. BNP Paribas Exane initiated coverage on shares of Toyota Motor in a research report on Thursday, February 12th. They set an “outperform” rating and a $290.00 target price on the stock. DZ Bank upgraded shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Zacks Research upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $290.00.

Toyota Motor Stock Performance

Toyota Motor stock opened at $217.49 on Friday. The company has a current ratio of 1.26, a quick ratio of 1.12 and a debt-to-equity ratio of 0.63. Toyota Motor Corporation has a 1 year low of $167.18 and a 1 year high of $248.90. The company has a market cap of $283.46 billion, a PE ratio of 11.46 and a beta of 0.66. The company’s 50-day moving average is $222.29 and its two-hundred day moving average is $214.10.

Toyota Motor (NYSE:TM) last released its earnings results on Saturday, February 7th. The company reported $6.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $1.91. The company had revenue of $76.37 billion for the quarter, compared to the consensus estimate of $82 billion. Toyota Motor had a net margin of 7.32% and a return on equity of 9.67%. Equities analysts anticipate that Toyota Motor Corporation will post 19.76 earnings per share for the current year.

Toyota Motor Profile

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.