Cardinal Capital Management Raises Stock Position in Toyota Motor Co. (NYSE:TM)

Cardinal Capital Management raised its holdings in Toyota Motor Co. (NYSE:TM) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,980 shares of the company’s stock after acquiring an additional 742 shares during the period. Cardinal Capital Management’s holdings in Toyota Motor were worth $4,472,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Highline Wealth Partners LLC purchased a new stake in shares of Toyota Motor in the 3rd quarter valued at $27,000. Modus Advisors LLC purchased a new position in shares of Toyota Motor in the fourth quarter worth about $31,000. Trust Co. of Vermont lifted its stake in shares of Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after acquiring an additional 85 shares during the last quarter. Roxbury Financial LLC purchased a new stake in Toyota Motor during the 4th quarter valued at about $41,000. Finally, Newbridge Financial Services Group Inc. bought a new position in Toyota Motor during the 4th quarter worth approximately $42,000. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Trading Up 0.0 %

NYSE:TM opened at $184.08 on Tuesday. The company has a 50-day moving average price of $185.34 and a 200-day moving average price of $179.63. The stock has a market cap of $248.03 billion, a price-to-earnings ratio of 7.60, a P/E/G ratio of 0.37 and a beta of 0.63. The company has a current ratio of 1.21, a quick ratio of 1.07 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Equities analysts predict that Toyota Motor Co. will post 19.76 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th.

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.