Toyota Motor Co. (NYSE:TM) Shares Purchased by Ballentine Partners LLC

Ballentine Partners LLC lifted its holdings in Toyota Motor Co. (NYSE:TM) by 20.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,511 shares of the company’s stock after acquiring an additional 1,619 shares during the quarter. Ballentine Partners LLC’s holdings in Toyota Motor were worth $1,851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TM. Dimensional Fund Advisors LP increased its stake in shares of Toyota Motor by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 250,149 shares of the company’s stock worth $51,273,000 after acquiring an additional 3,680 shares during the period. XTX Topco Ltd purchased a new stake in Toyota Motor during the second quarter worth $201,000. AE Wealth Management LLC boosted its holdings in Toyota Motor by 16.7% during the second quarter. AE Wealth Management LLC now owns 1,001 shares of the company’s stock worth $205,000 after buying an additional 143 shares in the last quarter. Summit Trail Advisors LLC boosted its holdings in Toyota Motor by 36.1% during the second quarter. Summit Trail Advisors LLC now owns 1,654 shares of the company’s stock worth $339,000 after buying an additional 439 shares in the last quarter. Finally, Frank Rimerman Advisors LLC purchased a new stake in Toyota Motor during the second quarter worth $344,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Performance

TM opened at $186.82 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The company has a market cap of $251.72 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 0.34 and a beta of 0.63. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The firm’s fifty day simple moving average is $180.39 and its two-hundred day simple moving average is $181.48.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.39 by ($1.49). The company had revenue of $76.92 billion for the quarter, compared to analysts’ expectations of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. Equities analysts anticipate that Toyota Motor Co. will post 19.9 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.