Hardy Reed LLC Makes New $211,000 Investment in Toyota Motor Co. (NYSE:TM)

Hardy Reed LLC purchased a new stake in Toyota Motor Co. (NYSE:TM) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,179 shares of the company’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TM. Fisher Asset Management LLC raised its position in shares of Toyota Motor by 2.4% during the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after purchasing an additional 160,720 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Toyota Motor by 240.7% in the second quarter. Blue Trust Inc. now owns 4,368 shares of the company’s stock valued at $895,000 after acquiring an additional 3,086 shares in the last quarter. Drake & Associates LLC acquired a new stake in shares of Toyota Motor during the third quarter valued at $540,000. Vantage Investment Partners LLC purchased a new stake in Toyota Motor during the 3rd quarter worth about $5,179,000. Finally, Moran Wealth Management LLC raised its stake in Toyota Motor by 62.4% in the 3rd quarter. Moran Wealth Management LLC now owns 27,433 shares of the company’s stock valued at $4,899,000 after purchasing an additional 10,545 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Price Performance

Toyota Motor stock opened at $172.66 on Wednesday. The stock has a market capitalization of $232.65 billion, a P/E ratio of 8.20, a P/E/G ratio of 0.31 and a beta of 0.68. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. The firm’s 50-day moving average is $175.67 and its two-hundred day moving average is $188.70.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing the consensus estimate of $4.39 by ($1.49). The firm had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. Equities analysts predict that Toyota Motor Co. will post 21.7 earnings per share for the current 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.