Perigon Wealth Management LLC Grows Stake in Toyota Motor Co. (NYSE:TM)

Perigon Wealth Management LLC boosted its position in Toyota Motor Co. (NYSE:TM) by 7.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,335 shares of the company’s stock after purchasing an additional 87 shares during the period. Perigon Wealth Management LLC’s holdings in Toyota Motor were worth $242,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of TM. Fisher Asset Management LLC raised its holdings in shares of Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after acquiring an additional 160,720 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of Toyota Motor by 34,303.6% in the third quarter. International Assets Investment Management LLC now owns 417,660 shares of the company’s stock worth $74,582,000 after acquiring an additional 416,446 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of Toyota Motor by 10.5% in the third quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after acquiring an additional 34,141 shares during the last quarter. Mediolanum International Funds Ltd acquired a new position in shares of Toyota Motor in the third quarter worth $58,660,000. Finally, Stifel Financial Corp raised its holdings in shares of Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after acquiring an additional 21,092 shares during the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Price Performance

Shares of NYSE:TM opened at $188.89 on Monday. The company has a market cap of $254.51 billion, a P/E ratio of 8.97, a P/E/G ratio of 0.36 and a beta of 0.63. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The business has a fifty day simple moving average of $182.80 and a 200-day simple moving average of $180.50.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The business had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. Equities research analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

About Toyota Motor

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.