Toyota Motor Corporation (NYSE:TM) Shares Acquired by Bearing Point Capital LLC

Key Points

• Bearing Point Capital LLC has increased its holdings in Toyota Motor Corporation by 11.5%, acquiring an additional 1,933 shares, bringing their total to 18,797 shares valued at approximately $3.3 million.
• Toyota Motor reported a net margin of 9.89% and a return on equity of 13.01%, with earnings per share of $3.39, exceeding analysts' estimates.
• Several hedge funds have also increased their stakes in Toyota, with Brighton Jones LLC and Sei Investments Co. boosting their investments by 21.8% and 24.1%, respectively, in the fourth quarter.

Bearing Point Capital LLC boosted its position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 11.5% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 18,797 shares of the company's stock after acquiring an additional 1,933 shares during the quarter. Bearing Point Capital LLC's holdings in Toyota Motor were worth $3,318,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in Toyota Motor by 22,846.4% in the first quarter. GAMMA Investing LLC now owns 491,283 shares of the company's stock valued at $86,726,000 after acquiring an additional 489,142 shares during the last quarter. Northern Trust Corp raised its stake in shares of Toyota Motor by 66.5% in the fourth quarter. Northern Trust Corp now owns 961,403 shares of the company's stock valued at $187,099,000 after acquiring an additional 384,149 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Toyota Motor by 166.3% in the fourth quarter. Captrust Financial Advisors now owns 374,864 shares of the company's stock valued at $72,952,000 after acquiring an additional 234,078 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Toyota Motor in the fourth quarter valued at $26,203,000. Finally, FMR LLC raised its stake in shares of Toyota Motor by 14.3% in the fourth quarter. FMR LLC now owns 563,437 shares of the company's stock valued at $109,651,000 after acquiring an additional 70,644 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company's stock.

Toyota Motor Trading Down 0.2%

TM stock traded down $0.43 during midday trading on Wednesday, hitting $183.84. The stock had a trading volume of 152,922 shares, compared to its average volume of 419,293. The firm has a market cap of $247.71 billion, a PE ratio of 8.13 and a beta of 0.61. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.26 and a quick ratio of 1.10. Toyota Motor Corporation has a 12-month low of $155.00 and a 12-month high of $201.00. The company's 50-day moving average price is $178.25 and its 200 day moving average price is $181.57.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.47. Toyota Motor had a net margin of 9.89% and a return on equity of 13.01%. The company had revenue of $81.09 billion during the quarter, compared to analysts' expectations of $78.47 billion. On average, equities research analysts predict that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on TM. Sanford C. Bernstein initiated coverage on Toyota Motor in a report on Monday, April 14th. They issued a "market perform" rating on the stock. DZ Bank lowered Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

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.