Fore Capital LLC Takes $1.44 Million Position in Toyota Motor Co. (NYSE:TM)

Fore Capital LLC purchased a new stake in shares of Toyota Motor Co. (NYSE:TM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,000 shares of the company’s stock, valued at approximately $1,435,000. Toyota Motor makes up approximately 0.9% of Fore Capital LLC’s holdings, making the stock its 23rd biggest holding.

Several other large investors have also recently bought and sold shares of the business. Pathway Financial Advisers LLC acquired a new stake in shares of Toyota Motor during the 1st quarter valued at $30,000. POM Investment Strategies LLC boosted its position in Toyota Motor by 292.1% during the second quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock valued at $31,000 after purchasing an additional 111 shares during the last quarter. Mather Group LLC. boosted its position in Toyota Motor by 113.9% during the second quarter. Mather Group LLC. now owns 169 shares of the company’s stock valued at $35,000 after purchasing an additional 90 shares during the last quarter. Richardson Financial Services Inc. purchased a new stake in shares of Toyota Motor during the 4th quarter worth about $37,000. Finally, Field & Main Bank lifted its holdings in shares of Toyota Motor by 300.0% during the 2nd quarter. Field & Main Bank now owns 180 shares of the company’s stock valued at $37,000 after buying an additional 135 shares during the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Toyota Motor Stock Down 1.1 %

Toyota Motor stock opened at $174.21 on Wednesday. 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 Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The firm’s fifty day simple moving average is $188.35 and its 200-day simple moving average is $213.23. The company has a market capitalization of $234.73 billion, a P/E ratio of 6.86, a P/E/G ratio of 0.40 and a beta of 0.68.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $2.34. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. The company had revenue of $75.94 billion during the quarter, compared to analysts’ expectations of $72.48 billion. During the same quarter in the previous year, the firm earned $7.05 earnings per share. Sell-side analysts forecast that Toyota Motor Co. will post 17 earnings per share for the current fiscal 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.