Caprock Group LLC Takes Position in Toyota Motor Corporation $TM

Caprock Group LLC acquired a new position in shares of Toyota Motor Corporation (NYSE:TM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,800 shares of the company’s stock, valued at approximately $1,323,000.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of Toyota Motor by 21.8% during the fourth quarter. Brighton Jones LLC now owns 2,658 shares of the company’s stock worth $517,000 after purchasing an additional 476 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Toyota Motor by 57.9% during the first quarter. AQR Capital Management LLC now owns 11,512 shares of the company’s stock worth $2,032,000 after acquiring an additional 4,223 shares in the last quarter. Blair William & Co. IL acquired a new position in Toyota Motor in the second quarter valued at about $246,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Toyota Motor by 5.6% in the second quarter. Allspring Global Investments Holdings LLC now owns 8,621 shares of the company’s stock worth $1,479,000 after acquiring an additional 458 shares in the last quarter. Finally, Mutual Advisors LLC raised its position in shares of Toyota Motor by 48.9% during the second quarter. Mutual Advisors LLC now owns 2,290 shares of the company’s stock worth $432,000 after purchasing an additional 752 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Up 2.7%

Shares of TM stock opened at $248.23 on Friday. The firm’s fifty day moving average price is $222.56 and its two-hundred day moving average price is $206.09. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 0.63. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $248.90. The firm has a market capitalization of $334.47 billion, a P/E ratio of 13.09 and a beta of 0.62.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data on Friday, February 6th. The company reported $6.26 earnings per share for the quarter, beating the consensus estimate of $4.35 by $1.91. Toyota Motor had a return on equity of 9.67% and a net margin of 7.32%.The company had revenue of $76.37 billion during the quarter, compared to analysts’ expectations of $82 billion. On average, equities analysts predict that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TM. Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, January 21st. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, October 31st. BNP Paribas Exane initiated coverage on shares of Toyota Motor in a research report on Thursday. They set an “outperform” rating and a $290.00 price objective for the company. Wall Street Zen cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Finally, Zacks Research raised shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $290.00.

Toyota Motor Company Profile

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.