Abundance Wealth Counselors Raises Holdings in Toyota Motor Co. (NYSE:TM)

Abundance Wealth Counselors raised its position in shares of Toyota Motor Co. (NYSE:TM) by 9.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,839 shares of the company’s stock after acquiring an additional 246 shares during the period. Abundance Wealth Counselors’ holdings in Toyota Motor were worth $552,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC purchased a new stake in shares of Toyota Motor in the third quarter worth about $27,000. Jamison Private Wealth Management Inc. raised its stake in shares of Toyota Motor by 300.0% during the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after purchasing an additional 126 shares during the period. Modus Advisors LLC acquired a new position in shares of Toyota Motor during the fourth quarter worth $31,000. Trust Co. of Vermont boosted its stake in shares of Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after purchasing an additional 85 shares during the period. Finally, Grove Bank & Trust acquired a new stake in Toyota Motor during the 3rd quarter valued at $32,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

TM opened at $188.89 on Friday. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. The business’s 50 day moving average is $182.80 and its 200-day moving average is $180.68. The stock has a market cap of $254.51 billion, a PE ratio of 8.97, a price-to-earnings-growth ratio of 0.36 and a beta of 0.63. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data 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 company had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. On average, analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Analysts Set New Price Targets

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

Toyota Motor Company 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.