ICA Group Wealth Management LLC Takes $55,000 Position in Toyota Motor Co. (NYSE:TM)

ICA Group Wealth Management LLC purchased a new position in shares of Toyota Motor Co. (NYSE:TM) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 299 shares of the company’s stock, valued at approximately $55,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Criterion Capital Advisors LLC acquired a new stake in shares of Toyota Motor in the 4th quarter valued at $26,000. Byrne Asset Management LLC raised its holdings 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. Northwest Financial Advisors bought a new stake in Toyota Motor during the 4th quarter worth about $34,000. Richardson Financial Services Inc. acquired a new position in Toyota Motor during the 4th quarter valued at about $37,000. Finally, NBC Securities Inc. acquired a new stake in shares of Toyota Motor during the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TM. StockNews.com cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a research note on Friday, January 19th. Nomura lowered Toyota Motor from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st.

Toyota Motor Stock Up 0.5 %

TM stock traded up $1.23 during trading hours on Monday, reaching $227.94. 228,248 shares of the stock were exchanged, compared to its average volume of 298,806. The company has a market cap of $308.82 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 0.38 and a beta of 0.69. The firm’s 50-day moving average is $240.07 and its 200-day moving average is $208.48. Toyota Motor Co. has a 12 month low of $134.25 and a 12 month high of $255.23. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 1.02.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $6.81 EPS for the quarter, topping the consensus estimate of $3.66 by $3.15. The firm had revenue of $81.54 billion for the quarter, compared to analysts’ expectations of $73.72 billion. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. On average, equities research analysts expect that Toyota Motor Co. will post 22.85 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.