Callan Capital LLC Boosts Stake in Toyota Motor Co. (NYSE:TM)

Callan Capital LLC raised its position in shares of Toyota Motor Co. (NYSE:TM) by 8.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,153 shares of the company’s stock after acquiring an additional 321 shares during the period. Callan Capital LLC’s holdings in Toyota Motor were worth $851,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of TM. Russell Investments Group Ltd. boosted its position in shares of Toyota Motor by 122.9% in the fourth quarter. Russell Investments Group Ltd. now owns 934 shares of the company’s stock worth $171,000 after buying an additional 515 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Toyota Motor by 39.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 32,740 shares of the company’s stock worth $6,004,000 after buying an additional 9,191 shares during the period. Avantax Advisory Services Inc. boosted its position in shares of Toyota Motor by 4.4% in the fourth quarter. Avantax Advisory Services Inc. now owns 1,967 shares of the company’s stock worth $361,000 after buying an additional 82 shares during the period. Beacon Pointe Advisors LLC boosted its position in shares of Toyota Motor by 3.6% in the fourth quarter. Beacon Pointe Advisors LLC now owns 3,746 shares of the company’s stock worth $687,000 after buying an additional 131 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of Toyota Motor by 1.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 26,367 shares of the company’s stock worth $4,835,000 after buying an additional 458 shares during the period. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Erste Group Bank reiterated a “hold” rating on shares of Toyota Motor in a research note on Friday, June 14th.

Toyota Motor Trading Up 3.8 %

NYSE:TM opened at $183.50 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The business’s 50-day simple moving average is $184.36 and its 200 day simple moving average is $210.52. The stock has a market cap of $247.25 billion, a price-to-earnings ratio of 7.23, a price-to-earnings-growth ratio of 0.37 and a beta of 0.68.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Thursday, August 1st. The company reported $6.35 EPS for the quarter, topping the consensus estimate of $4.01 by $2.34. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. The business had revenue of $75.94 billion for the quarter, compared to analysts’ expectations of $72.48 billion. During the same quarter in the previous year, the firm posted $7.05 earnings per share. As a group, sell-side analysts predict that Toyota Motor Co. will post 18.13 earnings per share for the current fiscal year.

Toyota Motor 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.