Toyota Motor (NYSE:TM) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Toyota Motor (NYSE:TM – Get Rating) in a report issued on Thursday morning. The firm issued a hold rating on the stock.

Separately, TheStreet upgraded Toyota Motor from a c+ rating to a b rating in a research note on Monday, February 13th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of Hold and a consensus target price of $1,239.71.

Toyota Motor Price Performance

Toyota Motor stock opened at $133.48 on Thursday. The business has a 50-day simple moving average of $141.43 and a two-hundred day simple moving average of $140.33. Toyota Motor has a 52-week low of $130.07 and a 52-week high of $186.00. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.91 and a current ratio of 1.09.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Trust Advisors LP boosted its stake in Toyota Motor by 17.6% in the 3rd quarter. First Trust Advisors LP now owns 446,158 shares of the company’s stock worth $58,130,000 after purchasing an additional 66,837 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Toyota Motor during the 3rd quarter worth approximately $629,000. United Capital Financial Advisers LLC raised its holdings in shares of Toyota Motor by 0.4% during the 2nd quarter. United Capital Financial Advisers LLC now owns 56,289 shares of the company’s stock worth $8,678,000 after acquiring an additional 205 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of Toyota Motor by 3.8% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 19,539 shares of the company’s stock worth $2,546,000 after acquiring an additional 720 shares in the last quarter. Finally, Cetera Advisor Networks LLC raised its holdings in shares of Toyota Motor by 20.5% during the 2nd quarter. Cetera Advisor Networks LLC now owns 9,636 shares of the company’s stock worth $1,485,000 after acquiring an additional 1,640 shares in the last quarter.

About Toyota Motor

(Get Rating)

Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories.