Russell Investments Group Ltd. Buys 1,581 Shares of Toyota Motor Co. (NYSE:TM)

Russell Investments Group Ltd. raised its position in shares of Toyota Motor Co. (NYSE:TM) by 38.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,710 shares of the company’s stock after acquiring an additional 1,581 shares during the period. Russell Investments Group Ltd.’s holdings in Toyota Motor were worth $1,111,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. FNY Investment Advisers LLC acquired a new stake in Toyota Motor in the 4th quarter worth about $1,167,000. Strategic Financial Concepts LLC acquired a new stake in shares of Toyota Motor in the fourth quarter valued at approximately $2,140,000. SVB Wealth LLC bought a new stake in shares of Toyota Motor in the fourth quarter valued at approximately $447,000. Charles Schwab Investment Management Inc. grew its position in Toyota Motor by 17.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,891 shares of the company’s stock worth $13,991,000 after buying an additional 10,576 shares in the last quarter. Finally, Atria Wealth Solutions Inc. increased its stake in Toyota Motor by 119.2% during the 4th quarter. Atria Wealth Solutions Inc. now owns 2,556 shares of the company’s stock worth $498,000 after acquiring an additional 1,390 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Price Performance

Shares of TM stock opened at $174.48 on Tuesday. Toyota Motor Co. has a twelve month low of $155.00 and a twelve month high of $235.68. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The business has a fifty day simple moving average of $179.98 and a 200 day simple moving average of $179.76. The company has a market cap of $235.10 billion, a P/E ratio of 7.20, a P/E/G ratio of 0.35 and a beta of 0.64.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating 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 forecast that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. Sanford C. Bernstein assumed coverage on shares of Toyota Motor in a report on Monday, April 14th. They issued a “market perform” rating on the stock. StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Finally, Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

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.