Stephens Inc. AR Has $426,000 Stock Holdings in Toyota Motor Co. (NYSE:TM)

Stephens Inc. AR cut its stake in Toyota Motor Co. (NYSE:TMGet Rating) by 5.0% during the first quarter, HoldingsChannel reports. The fund owned 2,363 shares of the company’s stock after selling 125 shares during the quarter. Stephens Inc. AR’s holdings in Toyota Motor were worth $426,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. CENTRAL TRUST Co boosted its holdings in Toyota Motor by 20.5% in the first quarter. CENTRAL TRUST Co now owns 1,177 shares of the company’s stock worth $213,000 after purchasing an additional 200 shares in the last quarter. Clark Capital Management Group Inc. boosted its holdings in Toyota Motor by 4.2% in the fourth quarter. Clark Capital Management Group Inc. now owns 284,234 shares of the company’s stock worth $52,669,000 after purchasing an additional 11,559 shares in the last quarter. Ascent Group LLC bought a new stake in Toyota Motor in the fourth quarter worth $207,000. UMB Bank N A MO bought a new stake in Toyota Motor in the fourth quarter worth $209,000. Finally, Stifel Financial Corp boosted its holdings in Toyota Motor by 1.3% in the fourth quarter. Stifel Financial Corp now owns 163,963 shares of the company’s stock worth $30,383,000 after purchasing an additional 2,175 shares in the last quarter. 1.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group upped their price objective on shares of Toyota Motor from $177.49 to $179.41 and gave the stock a “hold” rating in a report on Thursday, July 7th. Macquarie cut shares of Toyota Motor from an “outperform” rating to a “neutral” rating in a report on Friday, July 15th. JPMorgan Chase & Co. upgraded shares of Toyota Motor from a “neutral” rating to an “overweight” rating in a report on Tuesday, May 31st. StockNews.com cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, UBS Group decreased their price target on shares of Toyota Motor from 2,500.00 to 2,300.00 in a report on Wednesday, July 13th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,239.71.

Toyota Motor Stock Down 0.3 %

Shares of TM opened at $163.13 on Thursday. The company has a 50-day simple moving average of $159.53 and a 200-day simple moving average of $171.42. The firm has a market capitalization of $228.05 billion, a P/E ratio of 8.90, a P/E/G ratio of 0.76 and a beta of 0.51. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.91 and a current ratio of 1.09. Toyota Motor Co. has a 52 week low of $152.14 and a 52 week high of $213.74.

Toyota Motor (NYSE:TMGet Rating) last announced its quarterly earnings data on Wednesday, May 11th. The company reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.94. The business had revenue of $69.82 billion during the quarter, compared to analyst estimates of $68.20 billion. Toyota Motor had a net margin of 9.11% and a return on equity of 10.96%. On average, equities research analysts expect that Toyota Motor Co. will post 17.48 earnings per share for the current year.

Toyota Motor Profile

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Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names.

See Also

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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