Penobscot Investment Management Company Inc. Makes New $202,000 Investment in Toyota Motor Co. (NYSE:TM)

Penobscot Investment Management Company Inc. bought a new position in shares of Toyota Motor Co. (NYSE:TM) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 1,102 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also modified their holdings of TM. International Assets Investment Management LLC bought a new position in Toyota Motor during the 4th quarter worth $31,855,000. Natixis Advisors L.P. increased its position in Toyota Motor by 113.5% during the third quarter. Natixis Advisors L.P. now owns 262,557 shares of the company’s stock worth $47,195,000 after acquiring an additional 139,582 shares during the period. QRG Capital Management Inc. acquired a new stake in Toyota Motor in the 3rd quarter worth about $10,839,000. Morgan Stanley boosted its holdings in Toyota Motor by 2.5% in the 3rd quarter. Morgan Stanley now owns 1,623,169 shares of the company’s stock valued at $291,765,000 after purchasing an additional 40,254 shares during the period. Finally, XY Capital Ltd acquired a new position in shares of Toyota Motor during the 3rd quarter worth approximately $6,909,000. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Trading Down 0.2 %

Shares of TM stock opened at $226.83 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.02 and a current ratio of 1.18. Toyota Motor Co. has a fifty-two week low of $134.25 and a fifty-two week high of $255.23. The company has a market cap of $307.31 billion, a PE ratio of 9.66, a P/E/G ratio of 0.38 and a beta of 0.72. The stock’s fifty day moving average price is $240.08 and its two-hundred day moving average price is $208.96.

Toyota Motor (NYSE:TM) last issued its earnings results on Tuesday, February 6th. The company reported $6.81 EPS for the quarter, topping the consensus estimate of $3.66 by $3.15. Toyota Motor had a return on equity of 14.13% and a net margin of 10.22%. The firm had revenue of $81.54 billion during the quarter, compared to the consensus estimate of $73.72 billion. Equities analysts predict that Toyota Motor Co. will post 22.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Nomura cut Toyota Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. StockNews.com downgraded Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.

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.