Atomi Financial Group Inc. Grows Stake in Toyota Motor Co. (NYSE:TM)

Atomi Financial Group Inc. lifted its stake in shares of Toyota Motor Co. (NYSE:TM) by 8.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 6,779 shares of the company’s stock after buying an additional 511 shares during the quarter. Atomi Financial Group Inc.’s holdings in Toyota Motor were worth $1,389,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of TM. Pathway Financial Advisers LLC bought a new position in Toyota Motor during the first quarter worth about $30,000. POM Investment Strategies LLC boosted its holdings in Toyota Motor by 292.1% in the 2nd quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock worth $31,000 after buying an additional 111 shares during the period. Northwest Financial Advisors purchased a new position in Toyota Motor in the 4th quarter valued at approximately $34,000. Mather Group LLC. raised its holdings in Toyota Motor by 113.9% during the 2nd quarter. Mather Group LLC. now owns 169 shares of the company’s stock valued at $35,000 after acquiring an additional 90 shares during the period. Finally, Richardson Financial Services Inc. purchased a new stake in shares of Toyota Motor during the fourth quarter worth $37,000. Institutional investors own 1.48% of the company’s stock.

Analyst Ratings Changes

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

Toyota Motor Price Performance

Shares of TM stock traded up $5.18 during trading hours on Tuesday, reaching $185.75. The stock had a trading volume of 652,865 shares, compared to its average volume of 308,377. The stock’s fifty day simple moving average is $191.98 and its 200 day simple moving average is $216.70. The firm has a market capitalization of $250.28 billion, a PE ratio of 7.32, a PEG ratio of 0.41 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 current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.60.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Thursday, August 1st. The company reported $6.35 EPS for the quarter, beating the consensus estimate of $4.01 by $2.34. Toyota Motor had a net margin of 10.70% and a return on equity of 14.28%. The firm had revenue of $75.94 billion during the quarter, compared to the consensus estimate of $72.48 billion. During the same period last year, the firm earned $7.05 EPS. On average, equities research analysts predict that Toyota Motor Co. will post 17 EPS for the current year.

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.