Core Wealth Partners LLC Makes New $252,000 Investment in Toyota Motor Co. (NYSE:TM)

Core Wealth Partners LLC acquired a new position in shares of Toyota Motor Co. (NYSE:TM) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,000 shares of the company’s stock, valued at approximately $252,000.

Several other large investors have also recently added to or reduced their stakes in TM. CIBC Private Wealth Group LLC increased its position in shares of Toyota Motor by 385.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock worth $171,423,000 after purchasing an additional 742,409 shares during the period. International Assets Investment Management LLC bought a new position in shares of Toyota Motor in the fourth quarter worth $31,855,000. Fisher Asset Management LLC increased its position in shares of Toyota Motor by 2.9% in the fourth quarter. Fisher Asset Management LLC now owns 6,213,105 shares of the company’s stock worth $1,139,359,000 after purchasing an additional 172,347 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of Toyota Motor in the fourth quarter worth $12,910,000. Finally, 1832 Asset Management L.P. bought a new position in shares of Toyota Motor in the fourth quarter worth $8,931,000. Institutional investors own 1.48% of the company’s stock.

Analysts Set New Price Targets

Separately, Erste Group Bank restated a “hold” rating on shares of Toyota Motor in a research report on Friday, June 14th.

Toyota Motor Price Performance

Toyota Motor stock traded up $0.04 during midday trading on Thursday, reaching $206.25. The company’s stock had a trading volume of 212,267 shares, compared to its average volume of 325,133. Toyota Motor Co. has a 52 week low of $157.50 and a 52 week high of $255.23. The company has a current ratio of 1.19, a quick ratio of 1.03 and a debt-to-equity ratio of 0.60. The business has a 50-day moving average price of $213.35 and a 200-day moving average price of $217.71. The stock has a market cap of $277.91 billion, a PE ratio of 8.12, a price-to-earnings-growth ratio of 0.35 and a beta of 0.68.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, May 8th. The company reported $4.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.91 by $2.08. Toyota Motor had a return on equity of 14.82% and a net margin of 10.99%. The firm had revenue of $74.56 billion for the quarter, compared to analysts’ expectations of $67.21 billion. On average, sell-side analysts predict that Toyota Motor Co. will post 22.07 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.