Sharp Financial Services LLC Purchases New Shares in Toyota Motor Co. (NYSE:TM)

Sharp Financial Services LLC purchased a new stake in shares of Toyota Motor Co. (NYSE:TM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,100 shares of the company’s stock, valued at approximately $214,000.

Other large investors also recently made changes to their positions in the company. Highline Wealth Partners LLC bought a new position in shares of Toyota Motor during the third quarter valued at about $27,000. Jamison Private Wealth Management Inc. raised its position in Toyota Motor by 300.0% in the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after acquiring an additional 126 shares during the period. Modus Advisors LLC bought a new stake in Toyota Motor in the fourth quarter worth about $31,000. Trust Co. of Vermont raised its position in Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares during the period. Finally, Grove Bank & Trust bought a new stake in Toyota Motor in the third quarter worth about $32,000. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Performance

Shares of TM stock opened at $186.57 on Thursday. The firm has a market cap of $251.39 billion, a price-to-earnings ratio of 8.86, a P/E/G ratio of 0.36 and a beta of 0.63. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The firm’s 50-day simple moving average is $180.63 and its two-hundred day simple moving average is $181.34.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results 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). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The business had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. As a group, equities analysts forecast that Toyota Motor Co. will post 19.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.