TruNorth Capital Management LLC Buys Shares of 1,600 Toyota Motor Co. (NYSE:TM)

TruNorth Capital Management LLC purchased a new stake in shares of Toyota Motor Co. (NYSE:TM) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,600 shares of the company’s stock, valued at approximately $311,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of TM. Fisher Asset Management LLC boosted its stake in Toyota Motor by 2.4% during the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after buying an additional 160,720 shares during the period. World Investment Advisors LLC bought a new stake in shares of Toyota Motor during the 3rd quarter valued at about $14,911,000. Rockefeller Capital Management L.P. boosted its position in shares of Toyota Motor by 373.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock valued at $9,939,000 after acquiring an additional 43,857 shares during the last quarter. Natixis Advisors LLC grew its holdings in shares of Toyota Motor by 10.5% during the third quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after purchasing an additional 34,141 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Toyota Motor in the fourth quarter worth approximately $5,919,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Stock Performance

Shares of NYSE TM opened at $176.74 on Tuesday. The stock’s 50-day moving average is $185.83 and its 200 day moving average is $180.03. The stock has a market cap of $238.14 billion, a price-to-earnings ratio of 7.30, a P/E/G ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. On average, sell-side analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th.

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.