Capital Wealth Planning LLC Boosts Stake in Toyota Motor Co. (NYSE:TM)

Capital Wealth Planning LLC lifted its position in shares of Toyota Motor Co. (NYSE:TM) by 41.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,516 shares of the company’s stock after acquiring an additional 4,845 shares during the quarter. Capital Wealth Planning LLC’s holdings in Toyota Motor were worth $3,385,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Fisher Asset Management LLC raised its position in shares of Toyota Motor by 2.8% during the 4th quarter. Fisher Asset Management LLC now owns 6,210,385 shares of the company’s stock worth $1,138,861,000 after purchasing an additional 169,627 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Toyota Motor by 0.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 981,028 shares of the company’s stock worth $179,901,000 after purchasing an additional 8,197 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in shares of Toyota Motor by 385.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock worth $171,423,000 after purchasing an additional 742,409 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Toyota Motor by 109.1% during the 1st quarter. Captrust Financial Advisors now owns 437,732 shares of the company’s stock worth $110,168,000 after purchasing an additional 228,434 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Toyota Motor by 2.4% during the 4th quarter. First Trust Advisors LP now owns 369,849 shares of the company’s stock worth $67,823,000 after purchasing an additional 8,758 shares during the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Erste Group Bank restated a “hold” rating on shares of Toyota Motor in a research report on Friday, June 14th.

Toyota Motor Stock Down 0.4 %

TM stock opened at $175.39 on Monday. The company has a market cap of $236.32 billion, a price-to-earnings ratio of 6.91, a PEG ratio of 0.37 and a beta of 0.68. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.60. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23. The firm has a 50-day moving average of $186.49 and a two-hundred day moving average of $211.91.

Toyota Motor (NYSE:TM) last released its quarterly earnings data on Thursday, August 1st. The company reported $6.35 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $2.34. The company had revenue of $75.94 billion during the quarter, compared to the consensus estimate of $72.48 billion. Toyota Motor had a net margin of 10.70% and a return on equity of 14.28%. During the same quarter in the prior year, the firm earned $7.05 EPS. As a group, analysts forecast that Toyota Motor Co. will post 18.13 earnings per share for the current fiscal 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.