TruNorth Capital Management LLC Makes New $311,000 Investment in Toyota Motor Co. (NYSE:TM)

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

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Stifel Financial Corp boosted its stake in shares of Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after buying an additional 21,092 shares during the last quarter. Fisher Asset Management LLC lifted its holdings 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 worth $1,207,571,000 after acquiring an additional 160,720 shares during the period. Atom Investors LP purchased a new position in Toyota Motor in the third quarter worth $841,000. Strategic Financial Concepts LLC bought a new position in Toyota Motor in the 4th quarter valued at $2,140,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Toyota Motor during the 4th quarter valued at $1,167,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TM. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor Price Performance

NYSE TM opened at $176.74 on Tuesday. 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 company has a market cap of $238.14 billion, a PE ratio of 7.30, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. 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 $185.83 and its two-hundred day simple moving average is $180.03.

Toyota Motor (NYSE:TM) last posted 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%. Research analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current year.

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.