Frank Rimerman Advisors LLC Takes Position in Toyota Motor Co. (NYSE:TM)

Frank Rimerman Advisors LLC acquired a new position in Toyota Motor Co. (NYSE:TM) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,678 shares of the company’s stock, valued at approximately $344,000.

Other large investors have also recently bought and sold shares of the company. Pathway Financial Advisers LLC bought a new stake in shares of Toyota Motor during the first quarter worth $30,000. POM Investment Strategies LLC boosted its stake in shares of Toyota Motor by 292.1% in the 2nd quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock valued at $31,000 after purchasing an additional 111 shares during the last quarter. Mather Group LLC. boosted its stake in shares of Toyota Motor by 113.9% in the 2nd quarter. Mather Group LLC. now owns 169 shares of the company’s stock valued at $35,000 after purchasing an additional 90 shares during the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Toyota Motor during the 1st quarter worth approximately $45,000. Finally, Field & Main Bank raised its stake in shares of Toyota Motor by 300.0% during the second quarter. Field & Main Bank now owns 180 shares of the company’s stock worth $37,000 after buying an additional 135 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Trading Down 1.0 %

NYSE:TM opened at $183.53 on Wednesday. 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 Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The firm has a market capitalization of $247.29 billion, a price-to-earnings ratio of 7.23, a PEG ratio of 0.34 and a beta of 0.68. The business’s 50-day moving average price is $182.99 and its two-hundred day moving average price is $208.68.

Toyota Motor (NYSE:TM) last released its quarterly earnings data on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, topping the consensus estimate of $4.01 by $2.34. Toyota Motor had a net margin of 10.70% and a return on equity of 14.28%. The business had revenue of $75.94 billion for the quarter, compared to analyst estimates of $72.48 billion. During the same quarter last year, the firm earned $7.05 EPS. On average, equities analysts expect that Toyota Motor Co. will post 20.82 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Toyota Motor Company 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.