Strategic Financial Concepts LLC Takes $2.14 Million Position in Toyota Motor Co. (NYSE:TM)

Strategic Financial Concepts LLC purchased a new position in Toyota Motor Co. (NYSE:TM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,998 shares of the company’s stock, valued at approximately $2,140,000.

A number of other institutional investors also recently bought and sold shares of the stock. Highline Wealth Partners LLC purchased a new stake in Toyota Motor in the third quarter worth about $27,000. Jamison Private Wealth Management Inc. increased its position in shares of Toyota Motor by 300.0% during the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after acquiring an additional 126 shares in the last quarter. Modus Advisors LLC bought a new stake in Toyota Motor in the 4th quarter worth approximately $31,000. Trust Co. of Vermont grew its position in Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares during the period. Finally, Grove Bank & Trust bought a new stake in Toyota Motor in the 3rd quarter worth approximately $32,000. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Performance

Shares of NYSE:TM opened at $184.88 on Tuesday. The company has a market capitalization of $249.10 billion, a price-to-earnings ratio of 7.63, a PEG ratio of 0.37 and a beta of 0.63. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23. The firm’s 50-day moving average is $184.45 and its 200 day moving average is $179.95. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 0.64.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping analysts’ consensus estimates 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 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TM. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. Finally, CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th.

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.