LPL Financial LLC boosted its stake in Toyota Motor Co. (NYSE:TM – Free Report) by 6.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,905 shares of the company’s stock after purchasing an additional 2,078 shares during the quarter. LPL Financial LLC’s holdings in Toyota Motor were worth $5,087,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Syverson Strege & Co acquired a new stake in Toyota Motor in the first quarter worth $31,000. Private Trust Co. NA lifted its stake in shares of Toyota Motor by 98.5% in the first quarter. Private Trust Co. NA now owns 262 shares of the company’s stock valued at $37,000 after buying an additional 130 shares in the last quarter. CoreCap Advisors LLC bought a new position in shares of Toyota Motor in the fourth quarter valued at $39,000. ICA Group Wealth Management LLC bought a new position in shares of Toyota Motor in the fourth quarter valued at $41,000. Finally, Bogart Wealth LLC lifted its stake in shares of Toyota Motor by 68.0% in the first quarter. Bogart Wealth LLC now owns 336 shares of the company’s stock valued at $48,000 after buying an additional 136 shares in the last quarter. 1.33% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have weighed in on the stock. Citigroup raised shares of Toyota Motor from a “neutral” rating to a “buy” rating in a research note on Thursday, June 29th. StockNews.com initiated coverage on shares of Toyota Motor in a research note on Thursday, August 17th. They issued a “buy” rating on the stock. Finally, Morgan Stanley lowered shares of Toyota Motor from an “overweight” rating to an “equal weight” rating in a research report on Monday, July 10th. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Toyota Motor Stock Up 0.2 %
TM opened at $172.54 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.11 and a quick ratio of 0.93. The company’s 50-day moving average is $164.46 and its 200 day moving average is $149.25. Toyota Motor Co. has a fifty-two week low of $130.07 and a fifty-two week high of $175.37. The firm has a market capitalization of $233.76 billion, a P/E ratio of 10.65, a PEG ratio of 0.49 and a beta of 0.67.
Toyota Motor (NYSE:TM – Get Free Report) last released its quarterly earnings results on Tuesday, August 1st. The company reported $7.05 earnings per share for the quarter, beating analysts’ consensus estimates of $3.92 by $3.13. The company had revenue of $76.85 billion for the quarter, compared to analyst estimates of $69.98 billion. Toyota Motor had a net margin of 7.70% and a return on equity of 10.31%. Research analysts expect that Toyota Motor Co. will post 16.9 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. 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.
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