Pitcairn Co. Raises Holdings in Toyota Motor Co. (NYSE:TM)

Pitcairn Co. raised its position in shares of Toyota Motor Co. (NYSE:TM) by 13.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,059 shares of the company’s stock after acquiring an additional 581 shares during the period. Pitcairn Co.’s holdings in Toyota Motor were worth $985,000 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. Massachusetts Financial Services Co. MA increased its position in shares of Toyota Motor by 3.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 19,746 shares of the company’s stock worth $3,843,000 after acquiring an additional 730 shares in the last quarter. May Hill Capital LLC purchased a new stake in Toyota Motor during the 4th quarter worth $409,000. Lokken Investment Group LLC increased its holdings in Toyota Motor by 12.9% in the 4th quarter. Lokken Investment Group LLC now owns 6,112 shares of the company’s stock valued at $1,189,000 after purchasing an additional 696 shares in the last quarter. OLD Mission Capital LLC purchased a new position in Toyota Motor in the fourth quarter valued at about $8,709,000. Finally, National Bank of Canada FI lifted its stake in shares of Toyota Motor by 127.3% during the fourth quarter. National Bank of Canada FI now owns 22,348 shares of the company’s stock worth $4,349,000 after purchasing an additional 12,517 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Trading Down 5.6 %

NYSE:TM opened at $158.71 on Friday. The stock has a market cap of $213.84 billion, a price-to-earnings ratio of 6.55, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a one year low of $156.73 and a one year high of $248.47. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. The business’s 50-day simple moving average is $184.40 and its 200 day simple moving average is $180.76.

Toyota Motor (NYSE:TM) last announced 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 return on equity of 14.00% and a net margin of 10.86%. As a group, sell-side analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. Finally, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

About Toyota Motor

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.