International Assets Investment Management LLC Purchases Shares of 173,713 Toyota Motor Co. (NYSE:TM)

International Assets Investment Management LLC acquired a new position in shares of Toyota Motor Co. (NYSE:TM) in the 4th quarter, HoldingsChannel reports. The fund acquired 173,713 shares of the company’s stock, valued at approximately $31,855,000.

A number of other hedge funds have also made changes to their positions in TM. Etesian Wealth Advisors Inc. lifted its position in Toyota Motor by 1.9% in the fourth quarter. Etesian Wealth Advisors Inc. now owns 5,962 shares of the company’s stock valued at $1,080,000 after acquiring an additional 110 shares during the last quarter. Morgan Stanley boosted its position in shares of Toyota Motor by 2.5% in the 3rd quarter. Morgan Stanley now owns 1,623,169 shares of the company’s stock valued at $291,765,000 after purchasing an additional 40,254 shares during the period. Acadian Asset Management LLC purchased a new position in Toyota Motor during the 3rd quarter worth approximately $834,000. BKM Wealth Management LLC acquired a new position in Toyota Motor during the fourth quarter worth approximately $39,000. Finally, IFG Advisory LLC lifted its stake in Toyota Motor by 47.2% in the fourth quarter. IFG Advisory LLC now owns 24,445 shares of the company’s stock valued at $4,483,000 after buying an additional 7,835 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Shares of TM stock opened at $232.84 on Friday. The stock’s 50-day moving average price is $240.00 and its 200 day moving average price is $209.11. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $315.46 billion, a PE ratio of 9.92, a price-to-earnings-growth ratio of 0.38 and a beta of 0.72. Toyota Motor Co. has a 52-week low of $134.88 and a 52-week high of $255.23.

Toyota Motor (NYSE:TM) last announced its earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, beating the consensus estimate of $3.66 by $3.15. Toyota Motor had a return on equity of 14.13% and a net margin of 10.22%. The company had revenue of $81.54 billion for the quarter, compared to the consensus estimate of $73.72 billion. As a group, equities research analysts forecast that Toyota Motor Co. will post 22.85 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TM shares. Nomura lowered shares of Toyota Motor from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. StockNews.com downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.

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.