Rhumbline Advisers Has $3.44 Million Stock Holdings in Toyota Motor Co. (NYSE:TM)

Rhumbline Advisers increased its position in shares of Toyota Motor Co. (NYSE:TM) by 1.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,776 shares of the company’s stock after purchasing an additional 273 shares during the quarter. Rhumbline Advisers’ holdings in Toyota Motor were worth $3,439,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings in Toyota Motor by 2.8% during the fourth quarter. Fisher Asset Management LLC now owns 6,210,385 shares of the company’s stock worth $1,138,861,000 after acquiring an additional 169,627 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Toyota Motor by 0.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 981,028 shares of the company’s stock valued at $179,901,000 after purchasing an additional 8,197 shares in the last quarter. CIBC Private Wealth Group LLC grew its position in shares of 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 purchasing an additional 742,409 shares during the period. Captrust Financial Advisors increased its stake in Toyota Motor by 109.1% during the 1st quarter. Captrust Financial Advisors now owns 437,732 shares of the company’s stock worth $110,168,000 after purchasing an additional 228,434 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in Toyota Motor by 2.4% during the 4th quarter. First Trust Advisors LP now owns 369,849 shares of the company’s stock worth $67,823,000 after buying an additional 8,758 shares during the period. 1.48% of the stock is owned by institutional investors.

Toyota Motor Price Performance

TM stock opened at $173.00 on Wednesday. The stock has a 50-day moving average price of $185.35 and a two-hundred day moving average price of $210.95. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23. The stock has a market cap of $233.10 billion, a PE ratio of 6.81, a price-to-earnings-growth ratio of 0.37 and a beta of 0.68. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.60.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $2.34. The business had revenue of $75.94 billion during 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 company earned $7.05 earnings per share. Equities analysts forecast that Toyota Motor Co. will post 18.13 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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.