First Trust Advisors LP boosted its position in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 2.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm 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 large investors have also modified their holdings of TM. AlphaCore Capital LLC acquired a new stake in shares of Toyota Motor during the 1st quarter valued at about $37,000. NewSquare Capital LLC boosted its position in Toyota Motor by 65.7% during the second quarter. NewSquare Capital LLC now owns 227 shares of the company’s stock worth $39,000 after purchasing an additional 90 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Toyota Motor in the first quarter valued at approximately $47,000. Caitong International Asset Management Co. Ltd increased its position in shares of Toyota Motor by 56.3% in the first quarter. Caitong International Asset Management Co. Ltd now owns 272 shares of the company’s stock valued at $48,000 after buying an additional 98 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Toyota Motor during the 2nd quarter worth approximately $53,000. Institutional investors and hedge funds own 1.48% of the company’s stock.
Toyota Motor Stock Performance
NYSE TM opened at $196.40 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.10 and a current ratio of 1.25. The stock’s fifty day moving average is $199.60 and its two-hundred day moving average is $190.83. The firm has a market capitalization of $264.63 billion, a P/E ratio of 8.66 and a beta of 0.67. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $211.24.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on TM shares. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Sanford C. Bernstein upgraded shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Zacks Research cut Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Finally, Wall Street Zen lowered Toyota Motor from a “buy” rating to a “hold” rating in a research note on Sunday, November 16th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
Check Out Our Latest 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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