Forum Financial Management LP Acquires 5,180 Shares of Toyota Motor Co. (NYSE:TM)

Forum Financial Management LP raised its holdings in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 29.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,477 shares of the company's stock after acquiring an additional 5,180 shares during the quarter. Forum Financial Management LP's holdings in Toyota Motor were worth $4,374,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Parr Mcknight Wealth Management Group LLC acquired a new stake in Toyota Motor in the 4th quarter valued at $347,000. Vise Technologies Inc. grew its holdings in shares of Toyota Motor by 11.0% in the 4th quarter. Vise Technologies Inc. now owns 10,903 shares of the company's stock valued at $2,122,000 after acquiring an additional 1,082 shares in the last quarter. Inspire Trust Co. N.A. increased its position in shares of Toyota Motor by 2.5% in the fourth quarter. Inspire Trust Co. N.A. now owns 20,000 shares of the company's stock valued at $3,892,000 after acquiring an additional 497 shares during the last quarter. Vident Advisory LLC raised its holdings in Toyota Motor by 6.1% during the fourth quarter. Vident Advisory LLC now owns 23,010 shares of the company's stock worth $4,478,000 after acquiring an additional 1,318 shares in the last quarter. Finally, Snowden Capital Advisors LLC acquired a new position in Toyota Motor during the fourth quarter valued at approximately $212,000. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Performance

Shares of NYSE TM traded up $4.22 during midday trading on Tuesday, hitting $186.52. 330,978 shares of the company's stock were exchanged, compared to its average volume of 374,869. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $251.32 billion, a PE ratio of 7.70, a price-to-earnings-growth ratio of 0.35 and a beta of 0.67. Toyota Motor Co. has a 12 month low of $155.00 and a 12 month high of $219.53. The company's 50 day moving average price is $181.57 and its 200 day moving average price is $182.25.

Toyota Motor (NYSE:TM - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $3.39 EPS for the quarter, topping the consensus estimate of $2.92 by $0.47. The business had revenue of $81.09 billion during the quarter, compared to the consensus estimate of $78.47 billion. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. As a group, analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TM has been the topic of several recent analyst reports. DZ Bank lowered Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research report on Friday, May 9th. CLSA cut shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. Sanford C. Bernstein started coverage on shares of Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating on the stock. Finally, Macquarie upgraded shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, Toyota Motor 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.