Tennessee Valley Asset Management Partners Invests $110,000 in Toyota Motor Co. (NYSE:TM)

Tennessee Valley Asset Management Partners bought a new position in Toyota Motor Co. (NYSE:TM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 600 shares of the company’s stock, valued at approximately $110,000.

Other hedge funds also recently made changes to their positions in the company. Etesian Wealth Advisors Inc. lifted its stake in shares of Toyota Motor by 1.9% in the fourth quarter. Etesian Wealth Advisors Inc. now owns 5,962 shares of the company’s stock valued at $1,080,000 after purchasing an additional 110 shares during the period. Cerity Partners LLC lifted its stake in shares of Toyota Motor by 43.1% in the fourth quarter. Cerity Partners LLC now owns 27,700 shares of the company’s stock valued at $5,080,000 after purchasing an additional 8,340 shares during the period. Morgan Stanley lifted its stake in shares of Toyota Motor by 2.5% in the third 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. Acadian Asset Management LLC acquired a new stake in shares of Toyota Motor in the third quarter valued at about $834,000. Finally, BKM Wealth Management LLC acquired a new stake in shares of Toyota Motor in the fourth quarter valued at about $39,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

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

Toyota Motor Stock Performance

NYSE:TM opened at $230.30 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.57. The firm has a 50-day moving average price of $240.03 and a two-hundred day moving average price of $206.66. Toyota Motor Co. has a twelve month low of $133.46 and a twelve month high of $255.23. The company has a market capitalization of $312.01 billion, a P/E ratio of 9.81, a price-to-earnings-growth ratio of 0.34 and a beta of 0.69.

Toyota Motor (NYSE:TM) last posted its earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, beating the consensus estimate of $3.66 by $3.15. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. The firm had revenue of $81.54 billion during the quarter, compared to the consensus estimate of $73.72 billion. As a group, research analysts expect that Toyota Motor Co. will post 23.06 earnings per share for the current fiscal year.

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.