Strategic Financial Concepts LLC Purchases Shares of 10,998 Toyota Motor Co. (NYSE:TM)

Strategic Financial Concepts LLC purchased a new stake in shares of Toyota Motor Co. (NYSE:TM) during the fourth quarter, Holdings Channel.com reports. The firm purchased 10,998 shares of the company’s stock, valued at approximately $2,140,000.

Other hedge funds have also bought and sold shares of the company. Stifel Financial Corp increased its stake in shares of Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after acquiring an additional 21,092 shares during the period. Fisher Asset Management LLC increased its stake in shares of Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after acquiring an additional 160,720 shares during the period. Atom Investors LP acquired a new stake in Toyota Motor during the third quarter valued at $841,000. FNY Investment Advisers LLC acquired a new stake in Toyota Motor during the fourth quarter valued at $1,167,000. Finally, Moran Wealth Management LLC grew its position in Toyota Motor by 62.4% during the third quarter. Moran Wealth Management LLC now owns 27,433 shares of the company’s stock valued at $4,899,000 after buying an additional 10,545 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Performance

TM opened at $184.88 on Tuesday. The firm’s fifty day simple moving average is $184.45 and its two-hundred day simple moving average is $179.95. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The company has a market cap of $249.10 billion, a price-to-earnings ratio of 7.63, a PEG ratio of 0.37 and a beta of 0.63. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23.

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

Wall Street Analyst Weigh In

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

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.