PNC Financial Services Group Inc. Raises Stake in Toyota Motor Co. (NYSE:TM)

PNC Financial Services Group Inc. raised its position in shares of Toyota Motor Co. (NYSE:TM) by 1.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,007 shares of the company’s stock after purchasing an additional 309 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Toyota Motor were worth $4,867,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TM. Assetmark Inc. lifted its holdings in Toyota Motor by 6.2% during the third quarter. Assetmark Inc. now owns 10,774 shares of the company’s stock valued at $1,924,000 after purchasing an additional 627 shares in the last quarter. Sigma Planning Corp purchased a new position in shares of Toyota Motor in the third quarter worth $395,000. Prime Capital Investment Advisors LLC lifted its holdings in shares of Toyota Motor by 3.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 2,462 shares of the company’s stock worth $440,000 after buying an additional 78 shares in the last quarter. Community Bank & Trust Waco Texas lifted its holdings in shares of Toyota Motor by 6.4% in the third quarter. Community Bank & Trust Waco Texas now owns 6,150 shares of the company’s stock worth $1,098,000 after buying an additional 368 shares in the last quarter. Finally, Altrius Capital Management Inc lifted its holdings in shares of Toyota Motor by 11.1% in the third quarter. Altrius Capital Management Inc now owns 42,773 shares of the company’s stock worth $7,638,000 after buying an additional 4,274 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Trading Up 0.8 %

TM stock opened at $185.92 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The stock has a market capitalization of $250.51 billion, a price-to-earnings ratio of 7.68, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The firm’s fifty day simple moving average is $185.72 and its two-hundred day simple moving average is $180.54.

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

Wall Street Analyst Weigh In

TM has been the topic of several research reports. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. Finally, StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

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.