Independent Solutions Wealth Management LLC Invests $211,000 in Toyota Motor Co. (NYSE:TM)

Independent Solutions Wealth Management LLC acquired a new position in shares of Toyota Motor Co. (NYSE:TM) in the 4th quarter, Holdings Channel reports. The fund acquired 1,085 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds also recently modified their holdings of TM. Fisher Asset Management LLC raised its holdings in Toyota Motor by 1.9% during the fourth quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company’s stock worth $1,341,254,000 after acquiring an additional 129,560 shares in the last quarter. Natixis Advisors LLC raised its holdings in Toyota Motor by 9.5% during the fourth quarter. Natixis Advisors LLC now owns 393,002 shares of the company’s stock worth $76,482,000 after acquiring an additional 34,110 shares in the last quarter. Stifel Financial Corp raised its holdings in Toyota Motor by 7.3% during the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after acquiring an additional 21,092 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Toyota Motor during the fourth quarter worth about $26,203,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in Toyota Motor by 30.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 131,290 shares of the company’s stock worth $25,550,000 after acquiring an additional 30,576 shares in the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Toyota Motor Price Performance

NYSE:TM opened at $190.88 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The stock’s 50 day moving average price is $185.40 and its two-hundred day moving average price is $180.70. The firm has a market capitalization of $257.19 billion, a price-to-earnings ratio of 7.88, a P/E/G ratio of 0.35 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.

Toyota Motor (NYSE:TM) last released its quarterly earnings data on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating 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, analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current year.

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.