IFG Advisory LLC Boosts Holdings in Toyota Motor Co. (NYSE:TM)

IFG Advisory LLC raised its holdings in shares of Toyota Motor Co. (NYSE:TM) by 47.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,445 shares of the company’s stock after acquiring an additional 7,835 shares during the quarter. IFG Advisory LLC’s holdings in Toyota Motor were worth $4,483,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd purchased a new position in Toyota Motor during the 3rd quarter valued at about $25,000. Coppell Advisory Solutions LLC purchased a new stake in shares of Toyota Motor during the second quarter worth about $25,000. Pacifica Partners Inc. grew its holdings in shares of Toyota Motor by 150.0% during the third quarter. Pacifica Partners Inc. now owns 150 shares of the company’s stock worth $26,000 after buying an additional 90 shares in the last quarter. Lazard Asset Management LLC grew its holdings in shares of Toyota Motor by 1,563.6% during the second quarter. Lazard Asset Management LLC now owns 183 shares of the company’s stock worth $29,000 after buying an additional 172 shares in the last quarter. Finally, Byrne Asset Management LLC grew its holdings in shares of Toyota Motor by 105.6% during the third quarter. Byrne Asset Management LLC now owns 185 shares of the company’s stock worth $33,000 after buying an additional 95 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Trading Down 0.7 %

Shares of TM stock opened at $252.04 on Thursday. The stock has a market cap of $341.47 billion, a price-to-earnings ratio of 10.74, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. Toyota Motor Co. has a fifty-two week low of $133.02 and a fifty-two week high of $255.23. The firm’s 50 day moving average price is $226.79 and its two-hundred day moving average price is $198.80.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TM. Nomura downgraded shares of Toyota Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. StockNews.com downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Friday, January 19th.

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.