Headlands Technologies LLC Invests $92,000 in Toyota Motor Co. (NYSE:TM)

Headlands Technologies LLC bought a new position in shares of Toyota Motor Co. (NYSE:TM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 451 shares of the company’s stock, valued at approximately $92,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in TM. Russell Investments Group Ltd. increased its position in shares of Toyota Motor by 122.9% during the fourth quarter. Russell Investments Group Ltd. now owns 934 shares of the company’s stock worth $171,000 after purchasing an additional 515 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Toyota Motor by 39.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,740 shares of the company’s stock worth $6,004,000 after purchasing an additional 9,191 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Toyota Motor by 42.0% during the fourth quarter. BNP Paribas Financial Markets now owns 21,462 shares of the company’s stock worth $3,936,000 after buying an additional 6,352 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Toyota Motor by 8.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,012 shares of the company’s stock worth $552,000 after buying an additional 244 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in shares of Toyota Motor by 4.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 1,967 shares of the company’s stock worth $361,000 after buying an additional 82 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Erste Group Bank reissued a “hold” rating on shares of Toyota Motor in a report on Friday, June 14th.

Toyota Motor Stock Performance

NYSE TM opened at $175.39 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.60. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The business’s 50-day moving average price is $186.49 and its 200 day moving average price is $211.91. The firm has a market cap of $236.32 billion, a P/E ratio of 6.91, a P/E/G ratio of 0.37 and a beta of 0.68.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $2.34. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. The firm had revenue of $75.94 billion for the quarter, compared to analyst estimates of $72.48 billion. During the same quarter last year, the company posted $7.05 earnings per share. On average, equities research analysts expect that Toyota Motor Co. will post 18.13 earnings per share for the current year.

About Toyota Motor

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.