Opal Wealth Advisors LLC Invests $45,000 in Toyota Motor Co. (NYSE:TM)

Opal Wealth Advisors LLC bought a new position in shares of Toyota Motor Co. (NYSE:TM) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 178 shares of the company’s stock, valued at approximately $45,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC increased its position in shares of Toyota Motor by 2.9% during the fourth quarter. Fisher Asset Management LLC now owns 6,213,105 shares of the company’s stock worth $1,139,359,000 after purchasing an additional 172,347 shares in the last quarter. Morgan Stanley increased its position in shares of Toyota Motor by 2.5% during the third quarter. Morgan Stanley now owns 1,623,169 shares of the company’s stock worth $291,765,000 after purchasing an additional 40,254 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Toyota Motor by 0.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 981,028 shares of the company’s stock worth $179,901,000 after purchasing an additional 8,197 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in Toyota Motor by 385.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock valued at $171,423,000 after acquiring an additional 742,409 shares during the period. Finally, FMR LLC increased its position in Toyota Motor by 6.2% in the 3rd quarter. FMR LLC now owns 610,358 shares of the company’s stock valued at $109,712,000 after acquiring an additional 35,642 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Erste Group Bank restated a “hold” rating on shares of Toyota Motor in a research report on Friday, June 14th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Toyota Motor Stock Performance

NYSE TM opened at $197.01 on Monday. The company has a current ratio of 1.19, a quick ratio of 1.03 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average is $218.01 and its two-hundred day moving average is $216.89. Toyota Motor Co. has a 12-month low of $153.91 and a 12-month high of $255.23. The stock has a market capitalization of $265.46 billion, a price-to-earnings ratio of 7.62, a PEG ratio of 0.33 and a beta of 0.69.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, May 8th. The company reported $4.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.91 by $2.08. The company had revenue of $74.56 billion for the quarter, compared to analysts’ expectations of $67.21 billion. Toyota Motor had a return on equity of 14.82% and a net margin of 10.99%. Research analysts expect that Toyota Motor Co. will post 22.07 EPS for the current year.

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.