10,961 Shares in Toyota Motor Corporation (NYSE:TM) Purchased by Koss Olinger Consulting LLC

Key Points

• Koss Olinger Consulting LLC acquired 10,961 shares of Toyota Motor Corporation, valued at approximately $1.93 million, in the first quarter of the year.
• Despite a 4.0% increase in stock price, Toyota reported earnings per share of $4.47, missing estimates by $0.20, while revenue exceeded expectations at $83.13 billion.
• Analyst ratings for Toyota vary, with one research group issuing a "strong sell" rating, while the overall consensus remains a "Hold".

Koss Olinger Consulting LLC purchased a new position in Toyota Motor Corporation (NYSE:TM - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,961 shares of the company's stock, valued at approximately $1,935,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TM. Brighton Jones LLC boosted its holdings in Toyota Motor by 21.8% in the fourth quarter. Brighton Jones LLC now owns 2,658 shares of the company's stock worth $517,000 after acquiring an additional 476 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Toyota Motor by 14.9% in the fourth quarter. JPMorgan Chase & Co. now owns 59,802 shares of the company's stock worth $11,638,000 after acquiring an additional 7,744 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Toyota Motor by 1.8% in the fourth quarter. Franklin Resources Inc. now owns 6,597 shares of the company's stock worth $1,284,000 after acquiring an additional 119 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in Toyota Motor by 38.3% in the fourth quarter. Russell Investments Group Ltd. now owns 5,710 shares of the company's stock worth $1,111,000 after acquiring an additional 1,581 shares in the last quarter. Finally, FMR LLC boosted its holdings in Toyota Motor by 14.3% in the fourth quarter. FMR LLC now owns 563,437 shares of the company's stock worth $109,651,000 after acquiring an additional 70,644 shares in the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Stock Performance

Toyota Motor stock traded up $4.81 during mid-day trading on Tuesday, reaching $193.94. 386,275 shares of the stock traded hands, compared to its average volume of 421,829. The stock has a market capitalization of $261.32 billion, a PE ratio of 9.35 and a beta of 0.64. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.11. Toyota Motor Corporation has a 12-month low of $155.00 and a 12-month high of $201.00. The business's 50-day moving average is $177.87 and its 200-day moving average is $181.48.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $4.47 EPS for the quarter, missing analysts' consensus estimates of $4.67 by ($0.20). Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. The firm had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $81.73 billion. As a group, sell-side analysts predict that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TM has been the topic of a number of research analyst reports. DZ Bank downgraded Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. Sanford C. Bernstein assumed coverage on Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold".

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.