True North Advisors LLC Grows Stock Position in Toyota Motor Co. (NYSE:TM)

True North Advisors LLC raised its stake in shares of Toyota Motor Co. (NYSE:TM) by 300.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,201 shares of the company’s stock after buying an additional 3,153 shares during the quarter. True North Advisors LLC’s holdings in Toyota Motor were worth $750,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Pathway Financial Advisers LLC acquired a new position in Toyota Motor in the first quarter valued at $30,000. POM Investment Strategies LLC grew its stake in shares of Toyota Motor by 292.1% in the second quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock valued at $31,000 after buying an additional 111 shares in the last quarter. Mather Group LLC. raised its stake in shares of Toyota Motor by 113.9% during the second quarter. Mather Group LLC. now owns 169 shares of the company’s stock valued at $35,000 after purchasing an additional 90 shares during the period. Opal Wealth Advisors LLC purchased a new position in shares of Toyota Motor in the first quarter valued at $45,000. Finally, Field & Main Bank grew its holdings in Toyota Motor by 300.0% during the 2nd quarter. Field & Main Bank now owns 180 shares of the company’s stock valued at $37,000 after purchasing an additional 135 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Toyota Motor Price Performance

TM stock opened at $172.90 on Wednesday. The company has a market capitalization of $232.97 billion, a PE ratio of 6.92, a P/E/G ratio of 0.31 and a beta of 0.68. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.60. The stock’s 50 day moving average is $179.59 and its two-hundred day moving average is $204.42. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.01 by $2.34. The firm had revenue of $75.94 billion for the quarter, compared to analysts’ expectations of $72.48 billion. Toyota Motor had a net margin of 10.70% and a return on equity of 14.28%. During the same period in the prior year, the company posted $7.05 earnings per share. Analysts predict that Toyota Motor Co. will post 21.7 earnings per share for the current fiscal 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.