Alaethes Wealth LLC Grows Holdings in Toyota Motor Co. (NYSE:TM)

Alaethes Wealth LLC boosted its holdings in shares of Toyota Motor Co. (NYSE:TM) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,549 shares of the company’s stock after acquiring an additional 104 shares during the period. Alaethes Wealth LLC’s holdings in Toyota Motor were worth $1,547,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TM. Pathway Financial Advisers LLC purchased a new position in shares of Toyota Motor during the first quarter valued at approximately $30,000. POM Investment Strategies LLC raised its stake in Toyota Motor by 292.1% during the second quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock valued at $31,000 after buying an additional 111 shares during the last quarter. Mather Group LLC. boosted its holdings in Toyota Motor by 113.9% in the second quarter. Mather Group LLC. now owns 169 shares of the company’s stock worth $35,000 after acquiring an additional 90 shares in the last quarter. Richardson Financial Services Inc. purchased a new stake in shares of Toyota Motor in the fourth quarter worth $37,000. Finally, Field & Main Bank increased its holdings in shares of Toyota Motor by 300.0% during the second quarter. Field & Main Bank now owns 180 shares of the company’s stock valued at $37,000 after acquiring an additional 135 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Erste Group Bank reiterated a “hold” rating on shares of Toyota Motor in a research note on Friday, June 14th.

Toyota Motor Trading Up 0.3 %

NYSE:TM opened at $184.10 on Friday. The stock has a market cap of $248.06 billion, a price-to-earnings ratio of 7.25, a PEG ratio of 0.37 and a beta of 0.68. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.60. The company’s 50 day moving average price is $183.89 and its 200-day moving average price is $210.10. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23.

Toyota Motor (NYSE:TM) last issued its earnings results on Thursday, August 1st. The company reported $6.35 EPS for the quarter, beating the consensus estimate of $4.01 by $2.34. The business had revenue of $75.94 billion for the quarter, compared to the consensus estimate of $72.48 billion. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. During the same period last year, the business posted $7.05 EPS. On average, equities research analysts forecast that Toyota Motor Co. will post 18.13 earnings per share for the current fiscal 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.