Hardy Reed LLC Makes New Investment in Toyota Motor Co. (NYSE:TM)

Hardy Reed LLC acquired a new stake in shares of Toyota Motor Co. (NYSE:TM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,179 shares of the company’s stock, valued at approximately $211,000.

A number of other institutional investors and hedge funds have also made changes to their positions in TM. Townsquare Capital LLC increased its position in Toyota Motor by 191.3% during the 3rd quarter. Townsquare Capital LLC now owns 3,096 shares of the company’s stock worth $553,000 after purchasing an additional 2,033 shares in the last quarter. Transamerica Financial Advisors Inc. grew its stake in Toyota Motor by 766.7% during the third quarter. Transamerica Financial Advisors Inc. now owns 364 shares of the company’s stock worth $65,000 after buying an additional 322 shares during the period. D.A. Davidson & CO. increased its position in shares of Toyota Motor by 6.1% in the third quarter. D.A. Davidson & CO. now owns 11,012 shares of the company’s stock worth $1,966,000 after acquiring an additional 630 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Toyota Motor by 3.2% in the 3rd quarter. Bank of Montreal Can now owns 46,227 shares of the company’s stock valued at $8,451,000 after acquiring an additional 1,433 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its holdings in shares of Toyota Motor by 188.2% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 294 shares of the company’s stock valued at $52,000 after acquiring an additional 192 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Down 1.8 %

Shares of NYSE TM opened at $172.66 on Wednesday. The stock has a fifty day moving average price of $175.67 and a 200 day moving average price of $188.70. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The company has a market cap of $232.65 billion, a P/E ratio of 8.20, a P/E/G ratio of 0.31 and a beta of 0.68.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The company had revenue of $76.92 billion during the quarter, compared to analyst estimates of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. Research analysts anticipate that Toyota Motor Co. will post 21.7 EPS for the current fiscal 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.