Keel Point LLC Raises Holdings in Toyota Motor Co. (NYSE:TM)

Keel Point LLC increased its position in Toyota Motor Co. (NYSE:TM) by 3.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,630 shares of the company’s stock after purchasing an additional 60 shares during the period. Keel Point LLC’s holdings in Toyota Motor were worth $299,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TM. Qube Research & Technologies Ltd acquired a new position in Toyota Motor during the third quarter worth approximately $25,000. Coppell Advisory Solutions LLC purchased a new stake in Toyota Motor in the 2nd quarter valued at $25,000. Lazard Asset Management LLC boosted its stake in Toyota Motor by 1,563.6% during the 2nd quarter. Lazard Asset Management LLC now owns 183 shares of the company’s stock worth $29,000 after purchasing an additional 172 shares during the period. Byrne Asset Management LLC grew its position in Toyota Motor by 105.6% during the 3rd quarter. Byrne Asset Management LLC now owns 185 shares of the company’s stock worth $33,000 after purchasing an additional 95 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its stake in Toyota Motor by 101.9% in the third quarter. Venturi Wealth Management LLC now owns 214 shares of the company’s stock valued at $38,000 after purchasing an additional 108 shares during the period. 1.48% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TM has been the subject of several recent research reports. StockNews.com downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research note on Friday, January 19th. Nomura downgraded Toyota Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st.

Toyota Motor Stock Down 2.1 %

Shares of Toyota Motor stock opened at $236.52 on Wednesday. Toyota Motor Co. has a one year low of $133.02 and a one year high of $255.23. The company has a market cap of $320.44 billion, a P/E ratio of 10.08, a PEG ratio of 0.36 and a beta of 0.69. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.02 and a current ratio of 1.18. The firm has a fifty day moving average of $239.53 and a two-hundred day moving average of $205.03.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.66 by $3.15. The business had revenue of $81.54 billion for the quarter, compared to analyst estimates of $73.72 billion. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. On average, analysts forecast that Toyota Motor Co. will post 23.06 earnings per share for the current year.

Toyota Motor Company 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.