PKS Advisory Services LLC Invests $320,000 in Toyota Motor Co. (NYSE:TM)

PKS Advisory Services LLC bought a new stake in shares of Toyota Motor Co. (NYSE:TM) in the 4th quarter, HoldingsChannel.com reports. The firm bought 1,645 shares of the company’s stock, valued at approximately $320,000.

A number of other hedge funds and other institutional investors have also modified their holdings of TM. Commerce Bank boosted its stake in Toyota Motor by 2.3% in the 3rd quarter. Commerce Bank now owns 3,214 shares of the company’s stock worth $574,000 after purchasing an additional 73 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Toyota Motor by 43.9% in the third quarter. Advisors Asset Management Inc. now owns 1,901 shares of the company’s stock worth $339,000 after buying an additional 580 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Toyota Motor by 4.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,016 shares of the company’s stock worth $3,396,000 after buying an additional 858 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Toyota Motor by 14.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 61,315 shares of the company’s stock valued at $10,949,000 after buying an additional 7,768 shares in the last quarter. Finally, Eagle Asset Management Inc. raised its position in Toyota Motor by 15.4% during the third quarter. Eagle Asset Management Inc. now owns 3,896 shares of the company’s stock valued at $670,000 after buying an additional 519 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Shares of NYSE TM opened at $192.83 on Wednesday. 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 Co. has a one year low of $159.04 and a one year high of $254.79. The business’s 50-day moving average price is $185.73 and its two-hundred day moving average price is $180.81. The company has a market capitalization of $259.82 billion, a P/E ratio of 7.96, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63.

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

Wall Street Analysts Forecast Growth

TM has been the subject of a number of research reports. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. Finally, StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

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.