Donaldson Capital Management LLC Purchases New Stake in Toyota Motor Co. (NYSE:TM)

Donaldson Capital Management LLC purchased a new stake in shares of Toyota Motor Co. (NYSE:TM) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,125 shares of the company’s stock, valued at approximately $283,000.

Several other institutional investors have also recently bought and sold shares of TM. CIBC Private Wealth Group LLC grew its holdings in Toyota Motor by 385.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock worth $171,423,000 after buying an additional 742,409 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Toyota Motor in the fourth quarter worth $31,855,000. Fisher Asset Management LLC raised its stake in Toyota Motor by 2.9% in the fourth quarter. Fisher Asset Management LLC now owns 6,213,105 shares of the company’s stock valued at $1,139,359,000 after purchasing an additional 172,347 shares in the last quarter. Natixis Advisors L.P. increased its holdings in shares of Toyota Motor by 113.5% in the 3rd quarter. Natixis Advisors L.P. now owns 262,557 shares of the company’s stock worth $47,195,000 after buying an additional 139,582 shares during the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in Toyota Motor during the fourth quarter valued at about $12,910,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TM. StockNews.com cut Toyota Motor from a “buy” rating to a “hold” rating in a research note on Friday, January 19th. Nomura lowered shares of Toyota Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st.

Toyota Motor Stock Up 0.6 %

Toyota Motor stock traded up $1.35 during trading hours on Friday, hitting $226.71. The stock had a trading volume of 242,281 shares, compared to its average volume of 269,303. The stock has a market capitalization of $307.15 billion, a P/E ratio of 9.66, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69. The stock’s 50-day moving average price is $240.06 and its 200-day moving average price is $207.73. Toyota Motor Co. has a 12-month low of $134.25 and a 12-month high of $255.23. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.57.

Toyota Motor (NYSE:TM) last announced its earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.66 by $3.15. The business had revenue of $81.54 billion for the quarter, compared to analysts’ expectations of $73.72 billion. Toyota Motor had a return on equity of 14.13% and a net margin of 10.22%. Equities research analysts anticipate that Toyota Motor Co. will post 22.85 EPS for the current fiscal year.

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.