Toyota Motor Corporation $TM Shares Newly Purchased by Abel Hall LLC

Abel Hall LLC purchased a new position in shares of Toyota Motor Corporation (NYSE:TM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,392 shares of the company’s stock, valued at approximately $621,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Compass Financial Management LLC purchased a new stake in Toyota Motor during the 2nd quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Toyota Motor by 418.5% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company’s stock valued at $29,000 after purchasing an additional 113 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Toyota Motor in the 1st quarter valued at approximately $33,000. Mather Group LLC. grew its stake in shares of Toyota Motor by 156.2% in the 3rd quarter. Mather Group LLC. now owns 164 shares of the company’s stock valued at $30,000 after purchasing an additional 100 shares during the last quarter. Finally, Miller Global Investments LLC purchased a new position in shares of Toyota Motor in the 3rd quarter valued at approximately $34,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TM. Weiss Ratings raised Toyota Motor from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Erste Group Bank raised Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Three analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $290.00.

Insider Buying and Selling

In other Toyota Motor news, President Kenta Kon acquired 85,000 shares of the stock in a transaction on Wednesday, August 5th. The shares were bought at an average price of $18.41 per share, with a total value of $1,564,850.00. Following the acquisition, the president owned 148,100 shares of the company’s stock, valued at $2,726,521. This trade represents a 134.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Toyota Motor Stock Performance

Shares of NYSE:TM traded down $0.72 during midday trading on Monday, hitting $193.89. The stock had a trading volume of 300,414 shares, compared to its average volume of 390,304. The company has a market capitalization of $252.70 billion, a PE ratio of 8.55, a P/E/G ratio of 1.28 and a beta of 0.61. The stock has a 50 day moving average price of $190.95 and a two-hundred day moving average price of $188.44. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.68. Toyota Motor Corporation has a 1 year low of $166.10 and a 1 year high of $248.90.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share (EPS) for the quarter. The business had revenue of $83.16 billion for the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%. As a group, equities analysts predict that Toyota Motor Corporation will post 20.30 earnings per share for the current fiscal year.

Toyota Motor Profile

Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger vehicles, commercial vehicles and related mobility products under the Toyota and Lexus brands. It also produces vehicles through the Hino and Daihatsu businesses.

Toyota’s product portfolio includes cars, trucks, sport utility vehicles, minivans and buses, along with hybrid-electric, battery-electric and hydrogen fuel-cell vehicles.