Parr Mcknight Wealth Management Group LLC Invests $347,000 in Toyota Motor Co. (NYSE:TM)

Parr Mcknight Wealth Management Group LLC bought a new position in Toyota Motor Co. (NYSE:TM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,783 shares of the company's stock, valued at approximately $347,000.

Several other large investors have also bought and sold shares of the business. Avior Wealth Management LLC increased its stake in Toyota Motor by 4.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,662 shares of the company's stock valued at $324,000 after purchasing an additional 67 shares in the last quarter. Bleakley Financial Group LLC increased its stake in Toyota Motor by 3.3% in the fourth quarter. Bleakley Financial Group LLC now owns 2,441 shares of the company's stock valued at $475,000 after purchasing an additional 79 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Toyota Motor by 0.8% in the fourth quarter. Quadrant Capital Group LLC now owns 9,517 shares of the company's stock valued at $1,852,000 after purchasing an additional 80 shares in the last quarter. Perigon Wealth Management LLC increased its stake in Toyota Motor by 7.0% in the fourth quarter. Perigon Wealth Management LLC now owns 1,335 shares of the company's stock valued at $242,000 after purchasing an additional 87 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Toyota Motor by 2.1% during the fourth quarter. Barclays PLC now owns 4,244 shares of the company's stock worth $826,000 after acquiring an additional 89 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

Shares of TM traded down $3.80 during midday trading on Wednesday, reaching $182.88. The stock had a trading volume of 400,027 shares, compared to its average volume of 374,969. The firm has a 50 day simple moving average of $181.45 and a 200-day simple moving average of $182.28. Toyota Motor Co. has a one year low of $155.00 and a one year high of $219.53. The firm has a market cap of $246.42 billion, a PE ratio of 7.55, a P/E/G ratio of 0.35 and a beta of 0.67. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Macquarie raised shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research report on Tuesday, February 4th. CLSA downgraded shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. DZ Bank downgraded shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research report on Friday, May 9th. Finally, Sanford C. Bernstein assumed coverage on shares of Toyota Motor in a research report on Monday, April 14th. They issued a "market perform" rating for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus 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.