Ellsworth Advisors LLC Grows Stock Holdings in Toyota Motor Co. (NYSE:TM)

Ellsworth Advisors LLC grew its stake in Toyota Motor Co. (NYSE:TM) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,553 shares of the company’s stock after purchasing an additional 227 shares during the period. Ellsworth Advisors LLC’s holdings in Toyota Motor were worth $1,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in TM. Massachusetts Financial Services Co. MA increased its position in Toyota Motor by 8.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 18,158 shares of the company’s stock worth $3,722,000 after purchasing an additional 1,477 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Toyota Motor by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 250,149 shares of the company’s stock valued at $51,273,000 after buying an additional 3,680 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Toyota Motor during the 2nd quarter valued at approximately $16,603,000. XTX Topco Ltd acquired a new position in Toyota Motor in the second quarter valued at approximately $201,000. Finally, AE Wealth Management LLC grew its position in Toyota Motor by 16.7% in the second quarter. AE Wealth Management LLC now owns 1,001 shares of the company’s stock worth $205,000 after acquiring an additional 143 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

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

Toyota Motor Price Performance

Shares of TM opened at $180.72 on Monday. The firm has a 50-day simple moving average of $180.26 and a two-hundred day simple moving average of $181.83. The stock has a market cap of $243.50 billion, a PE ratio of 8.59, a P/E/G ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year 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.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The company had revenue of $76.92 billion during the quarter, compared to analyst estimates of $79.78 billion. As a group, analysts forecast that Toyota Motor Co. will post 19.9 EPS 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.