Clear Harbor Asset Management LLC Grows Holdings in Toyota Motor Co. (NYSE:TM)

Clear Harbor Asset Management LLC lifted its stake in shares of Toyota Motor Co. (NYSE:TM) by 48.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,978 shares of the company’s stock after buying an additional 978 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in Toyota Motor were worth $580,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Crossmark Global Holdings Inc. boosted its stake in Toyota Motor by 2.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 59,775 shares of the company’s stock valued at $11,633,000 after acquiring an additional 1,655 shares during the last quarter. Mitchell & Pahl Private Wealth LLC lifted its position in shares of Toyota Motor by 5.2% during the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 5,740 shares of the company’s stock worth $1,117,000 after purchasing an additional 283 shares during the last quarter. Ballentine Partners LLC grew its stake in Toyota Motor by 20.5% in the fourth quarter. Ballentine Partners LLC now owns 9,511 shares of the company’s stock worth $1,851,000 after purchasing an additional 1,619 shares in the last quarter. Ellsworth Advisors LLC increased its holdings in Toyota Motor by 2.4% in the fourth quarter. Ellsworth Advisors LLC now owns 9,553 shares of the company’s stock valued at $1,859,000 after buying an additional 227 shares during the last quarter. Finally, Clarius Group LLC increased its holdings in Toyota Motor by 15.6% in the fourth quarter. Clarius Group LLC now owns 3,693 shares of the company’s stock valued at $719,000 after buying an additional 499 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor Trading Up 3.3 %

Toyota Motor stock opened at $186.82 on Wednesday. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23. The firm’s 50-day moving average is $180.39 and its 200-day moving average is $181.48. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23. The company has a market cap of $251.72 billion, a P/E ratio of 8.87, a PEG ratio of 0.34 and a beta of 0.63.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The business had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. On average, equities analysts expect that Toyota Motor Co. will post 19.9 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 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.