Parallel Advisors LLC Purchases 788 Shares of Toyota Motor Co. (NYSE:TM)

Parallel Advisors LLC raised its position in shares of Toyota Motor Co. (NYSE:TM) by 18.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,108 shares of the company’s stock after purchasing an additional 788 shares during the period. Parallel Advisors LLC’s holdings in Toyota Motor were worth $994,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stifel Financial Corp raised its position in Toyota Motor by 7.3% during the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock valued at $55,632,000 after purchasing an additional 21,092 shares in the last quarter. Fisher Asset Management LLC raised 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 worth $1,207,571,000 after acquiring an additional 160,720 shares in the last quarter. Atom Investors LP bought a new position in shares of Toyota Motor in the 3rd quarter worth $841,000. FNY Investment Advisers LLC bought a new position in shares of Toyota Motor in the 4th quarter worth $1,167,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of Toyota Motor in the 4th quarter worth $2,140,000. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Up 1.5 %

Shares of TM stock opened at $193.12 on Thursday. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The stock’s fifty day moving average price is $185.26 and its 200 day moving average price is $180.61. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The company has a market cap of $260.21 billion, a price-to-earnings ratio of 7.97, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last announced its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share 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%. On average, research analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TM has been the subject of several recent research reports. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. Finally, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

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.