May Hill Capital LLC Makes New $409,000 Investment in Toyota Motor Co. (NYSE:TM)

May Hill Capital LLC bought a new position in Toyota Motor Co. (NYSE:TM) during the 4th quarter, HoldingsChannel reports. The fund bought 2,104 shares of the company’s stock, valued at approximately $409,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC boosted its holdings in Toyota Motor by 1.9% in the fourth quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company’s stock valued at $1,341,254,000 after acquiring an additional 129,560 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of Toyota Motor by 9.5% during the 4th quarter. Natixis Advisors LLC now owns 393,002 shares of the company’s stock valued at $76,482,000 after acquiring an additional 34,110 shares during the last quarter. Stifel Financial Corp lifted its holdings in Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock valued at $55,632,000 after acquiring an additional 21,092 shares during the period. American Century Companies Inc. grew its position in shares of Toyota Motor by 6.2% during the 4th quarter. American Century Companies Inc. now owns 234,779 shares of the company’s stock valued at $45,690,000 after acquiring an additional 13,805 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Toyota Motor in the fourth quarter worth about $26,203,000. 1.48% of the stock is owned by institutional investors.

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 Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. Finally, Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th.

Toyota Motor Stock Performance

Toyota Motor stock opened at $176.76 on Tuesday. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $248.47. The company’s 50-day moving average is $185.76 and its 200 day moving average is $181.00. The firm has a market capitalization of $238.17 billion, a P/E ratio of 7.30, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Research analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current year.

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.