First Trust Advisors LP raised its position in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 236,359 shares of the company’s stock after buying an additional 6,175 shares during the quarter. First Trust Advisors LP’s holdings in Toyota Motor were worth $40,715,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of TM. EverSource Wealth Advisors LLC raised its stake in shares of Toyota Motor by 8.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,741 shares of the company’s stock worth $472,000 after acquiring an additional 209 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in Toyota Motor in the second quarter worth $53,000. M&T Bank Corp grew its holdings in Toyota Motor by 2.9% in the second quarter. M&T Bank Corp now owns 13,803 shares of the company’s stock worth $2,378,000 after purchasing an additional 387 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of Toyota Motor by 1.7% during the second quarter. Fisher Asset Management LLC now owns 6,827,634 shares of the company’s stock worth $1,176,128,000 after purchasing an additional 112,905 shares in the last quarter. Finally, Lido Advisors LLC lifted its holdings in shares of Toyota Motor by 30.9% during the 2nd quarter. Lido Advisors LLC now owns 2,852 shares of the company’s stock valued at $491,000 after purchasing an additional 673 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Toyota Motor Trading Up 0.6%
Shares of Toyota Motor stock opened at $196.40 on Wednesday. The stock has a market cap of $264.63 billion, a PE ratio of 8.66 and a beta of 0.67. The firm has a fifty day moving average price of $199.60 and a 200 day moving average price of $190.83. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $211.24. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.25 and a quick ratio of 1.10.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research note on Friday, October 31st. Wall Street Zen downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Finally, Zacks Research cut shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
Get Our Latest Stock Report on TM
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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