Mission Wealth Management LP Increases Position in Toyota Motor Co. (NYSE:TM)

Mission Wealth Management LP lifted its stake in Toyota Motor Co. (NYSE:TM) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,638 shares of the company’s stock after buying an additional 201 shares during the period. Mission Wealth Management LP’s holdings in Toyota Motor were worth $513,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TM. Fisher Asset Management LLC grew its position in shares of Toyota Motor by 2.4% in the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after buying an additional 160,720 shares during the last quarter. World Investment Advisors LLC purchased a new position in shares of Toyota Motor in the 3rd quarter valued at $14,911,000. Rockefeller Capital Management L.P. grew its position in shares of Toyota Motor by 373.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock valued at $9,939,000 after buying an additional 43,857 shares during the last quarter. Natixis Advisors LLC grew its position in shares of Toyota Motor by 10.5% in the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock valued at $64,087,000 after buying an additional 34,141 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Toyota Motor in the 4th quarter valued at $5,919,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Toyota Motor Stock Up 6.6 %

Shares of NYSE:TM opened at $192.50 on Thursday. The stock has a market cap of $259.38 billion, a P/E ratio of 7.95, a P/E/G ratio of 0.35 and a beta of 0.63. The firm has a fifty day moving average price of $186.62 and a 200 day moving average price of $180.39. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share 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%. Sell-side analysts predict that Toyota Motor Co. will post 19.76 EPS for the current 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.