DeDora Capital Inc. Invests $349,000 in Toyota Motor Corporation (NYSE:TM)

DeDora Capital Inc. purchased a new position in Toyota Motor Corporation (NYSE:TM - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,978 shares of the company's stock, valued at approximately $349,000.

Several other hedge funds have also made changes to their positions in TM. Brighton Jones LLC raised its stake in Toyota Motor by 21.8% during the 4th quarter. Brighton Jones LLC now owns 2,658 shares of the company's stock valued at $517,000 after acquiring an additional 476 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Toyota Motor by 19.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,863 shares of the company's stock valued at $946,000 after acquiring an additional 797 shares in the last quarter. Harbour Investments Inc. raised its stake in Toyota Motor by 17.9% during the 4th quarter. Harbour Investments Inc. now owns 633 shares of the company's stock valued at $123,000 after acquiring an additional 96 shares in the last quarter. Xponance Inc. raised its stake in Toyota Motor by 5.0% during the 4th quarter. Xponance Inc. now owns 3,246 shares of the company's stock valued at $632,000 after acquiring an additional 154 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in Toyota Motor by 6.2% during the 4th quarter. American Century Companies Inc. now owns 234,779 shares of the company's stock valued at $45,690,000 after acquiring an additional 13,805 shares in the last quarter. Institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Down 0.0%

Shares of TM traded down $0.09 during trading hours on Tuesday, hitting $169.95. 388,959 shares of the company were exchanged, compared to its average volume of 398,432. The company has a market cap of $228.99 billion, a PE ratio of 7.51 and a beta of 0.61. The firm's 50 day moving average is $178.78 and its 200-day moving average is $181.88. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $201.33. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.10 and a current ratio of 1.26.

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

Wall Street Analysts Forecast Growth

TM has been the topic of several research analyst reports. Sanford C. Bernstein began coverage on Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating on the stock. DZ Bank cut 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 given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Toyota Motor presently has an average rating of "Hold".

Toyota Motor Company 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.