HB Wealth Management LLC boosted its position in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 18.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,487 shares of the company’s stock after buying an additional 379 shares during the period. HB Wealth Management LLC’s holdings in Toyota Motor were worth $428,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of TM. Goldman Sachs Group Inc. increased its holdings in shares of Toyota Motor by 7.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,124,364 shares of the company’s stock valued at $198,484,000 after acquiring an additional 81,139 shares during the period. Northern Trust Corp increased its stake in Toyota Motor by 3.6% in the first quarter. Northern Trust Corp now owns 996,111 shares of the company’s stock valued at $175,843,000 after purchasing an additional 34,708 shares during the period. Natixis Advisors LLC increased its stake in Toyota Motor by 8.5% in the first quarter. Natixis Advisors LLC now owns 426,238 shares of the company’s stock valued at $75,244,000 after purchasing an additional 33,236 shares during the period. American Century Companies Inc. raised its holdings in shares of Toyota Motor by 8.7% in the first quarter. American Century Companies Inc. now owns 255,305 shares of the company’s stock valued at $45,069,000 after buying an additional 20,526 shares during the last quarter. Finally, Clark Capital Management Group Inc. boosted its stake in shares of Toyota Motor by 61.9% during the first quarter. Clark Capital Management Group Inc. now owns 224,583 shares of the company’s stock worth $39,646,000 after buying an additional 85,835 shares during the period. 1.48% of the stock is owned by institutional investors and hedge funds.
Toyota Motor Stock Performance
Shares of TM stock opened at $194.49 on Monday. The stock has a fifty day moving average price of $194.06 and a 200 day moving average price of $184.60. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.11 and a current ratio of 1.27. The stock has a market cap of $262.06 billion, a PE ratio of 9.38 and a beta of 0.62. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $202.87.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on TM shares. Zacks Research upgraded Toyota Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Sanford C. Bernstein upgraded Toyota Motor from a “market perform” rating to an “outperform” rating in a research note on Monday, August 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a report on Saturday, September 27th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Toyota Motor currently has an average rating of “Hold”.
Check Out Our Latest Research Report on Toyota Motor
Toyota Motor Profile
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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