Atomi Financial Group Inc. Acquires 707 Shares of Toyota Motor Co. (NYSE:TM)

Atomi Financial Group Inc. increased its stake in Toyota Motor Co. (NYSE:TM) by 9.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,128 shares of the company’s stock after acquiring an additional 707 shares during the period. Atomi Financial Group Inc.’s holdings in Toyota Motor were worth $1,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp boosted its holdings in shares of Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after purchasing an additional 21,092 shares during the period. Fisher Asset Management LLC boosted its stake in Toyota Motor by 2.4% during the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after buying an additional 160,720 shares during the period. Atom Investors LP purchased a new position in Toyota Motor during the third quarter worth $841,000. FNY Investment Advisers LLC bought a new position in Toyota Motor during the fourth quarter valued at $1,167,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Toyota Motor in the third quarter valued at $664,000. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th.

Toyota Motor Trading Up 3.3 %

Shares of NYSE TM opened at $186.82 on Wednesday. The business’s 50 day moving average price is $180.39 and its 200-day moving average price is $181.48. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23. The company has a market cap of $251.72 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 0.34 and a beta of 0.63.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The business had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. On average, sell-side analysts expect that Toyota Motor Co. will post 19.9 earnings per share 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.