SRB Corp Has $77.58 Million Stock Holdings in Toyota Motor Co. (NYSE:TM)
SRB Corp grew its position in Toyota Motor Co. (NYSE:TM - Free Report) by 2.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 398,656 shares of the company's stock after acquiring an additional 7,708 shares during the period. Toyota Motor accounts for 4.4% of SRB Corp's portfolio, making the stock its 9th largest holding. SRB Corp's holdings in Toyota Motor were worth $77,582,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Barclays PLC boosted its position in Toyota Motor by 168.8% in the 3rd quarter. Barclays PLC now owns 4,155 shares of the company's stock valued at $742,000 after buying an additional 2,609 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Toyota Motor by 19.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,680 shares of the company's stock worth $1,014,000 after buying an additional 913 shares during the period. Wedmont Private Capital grew its position in shares of Toyota Motor by 4.3% during the 4th quarter. Wedmont Private Capital now owns 2,246 shares of the company's stock worth $412,000 after buying an additional 92 shares during the period. Park Avenue Securities LLC grew its position in shares of Toyota Motor by 19.6% during the 4th quarter. Park Avenue Securities LLC now owns 12,352 shares of the company's stock worth $2,404,000 after buying an additional 2,023 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in shares of Toyota Motor during the 4th quarter worth approximately $214,000. Institutional investors own 1.48% of the company's stock.
Shares of TM stock opened at $183.52 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. The company has a 50-day simple moving average of $182.08 and a 200 day simple moving average of $181.70. Toyota Motor Co. has a 52 week low of $155.00 and a 52 week high of $221.09. The company has a market capitalization of $247.28 billion, a price-to-earnings ratio of 7.58, a PEG ratio of 0.35 and a beta of 0.67.
Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $3.39 EPS for the quarter, beating analysts' consensus estimates of $2.92 by $0.47. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. The business had revenue of $81.09 billion during the quarter, compared to the consensus estimate of $11,956.52 billion. On average, sell-side analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current year.
Several equities research analysts have recently commented on the stock. Sanford C. Bernstein started coverage on shares of Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating for the company. CLSA downgraded Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. DZ Bank downgraded Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. Finally, Macquarie upgraded shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold".
Read Our Latest Research Report on TM
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.
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