Apollon Wealth Management LLC Increases Holdings in Toyota Motor Co. (NYSE:TM)

Apollon Wealth Management LLC increased its stake in Toyota Motor Co. (NYSE:TMFree Report) by 9.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,462 shares of the company’s stock after purchasing an additional 371 shares during the quarter. Apollon Wealth Management LLC’s holdings in Toyota Motor were worth $868,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Highline Wealth Partners LLC purchased a new position in shares of Toyota Motor in the third quarter valued at $27,000. Modus Advisors LLC purchased a new position in Toyota Motor during the fourth quarter worth about $31,000. Trust Co. of Vermont grew its position in Toyota Motor by 113.3% during the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after buying an additional 85 shares in the last quarter. Jamison Private Wealth Management Inc. grew its position in Toyota Motor by 300.0% during the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after buying an additional 126 shares in the last quarter. Finally, Grove Bank & Trust purchased a new position in Toyota Motor during the third quarter worth about $32,000. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Trading Up 0.3 %

Shares of TM stock opened at $185.70 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The business has a 50-day moving average price of $184.63 and a two-hundred day moving average price of $179.88. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The firm has a market cap of $250.21 billion, a P/E ratio of 7.67, a price-to-earnings-growth ratio of 0.37 and a beta of 0.63.

Toyota Motor (NYSE:TMGet Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Equities analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on Toyota Motor

About Toyota Motor

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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