Choreo LLC Grows Holdings in Toyota Motor Co. (NYSE:TM)

Choreo LLC increased its position in shares of Toyota Motor Co. (NYSE:TM) by 29.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,142 shares of the company’s stock after buying an additional 2,336 shares during the period. Choreo LLC’s holdings in Toyota Motor were worth $1,984,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC purchased a new stake in Toyota Motor during the 3rd quarter worth $27,000. Modus Advisors LLC purchased a new stake in Toyota Motor during the 4th quarter worth $31,000. Trust Co. of Vermont grew its holdings in Toyota Motor by 113.3% during the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares in the last quarter. Jamison Private Wealth Management Inc. grew its holdings in Toyota Motor by 300.0% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after acquiring an additional 126 shares in the last quarter. Finally, Grove Bank & Trust acquired a new position in Toyota Motor during the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Trading Down 3.4 %

Toyota Motor stock opened at $183.98 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The firm has a 50-day moving average price of $184.19 and a two-hundred day moving average price of $180.33. The firm has a market capitalization of $247.90 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 0.36 and a beta of 0.63. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. Sell-side analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Analysts Set New Price Targets

TM has been the subject of several recent analyst reports. StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. CLSA lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday. Finally, Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday.

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.