Toyota Motor Co. (NYSE:TM) Shares Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its position in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 65.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,546 shares of the company's stock after acquiring an additional 7,748 shares during the quarter. Avantax Advisory Services Inc.'s holdings in Toyota Motor were worth $3,804,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TM. Stifel Financial Corp grew its position in shares of Toyota Motor by 7.3% during the third quarter. Stifel Financial Corp now owns 311,483 shares of the company's stock worth $55,632,000 after purchasing an additional 21,092 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Toyota Motor by 2.4% during the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company's stock valued at $1,207,571,000 after buying an additional 160,720 shares during the last quarter. Atom Investors LP bought a new stake in shares of Toyota Motor in the 3rd quarter valued at approximately $841,000. FNY Investment Advisers LLC bought a new stake in shares of Toyota Motor in the 4th quarter valued at approximately $1,167,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Toyota Motor in the 4th quarter valued at approximately $2,140,000. Hedge funds and other institutional investors own 1.48% of the company's stock.

Analysts Set New Price Targets

TM has been the topic of several recent analyst reports. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a report on Tuesday, February 4th. CLSA downgraded Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. Finally, StockNews.com raised Toyota Motor from a "sell" rating to a "hold" rating in a research report on Tuesday, January 7th.

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Toyota Motor Stock Performance

Shares of TM stock traded up $2.92 on Wednesday, hitting $193.12. The company had a trading volume of 280,757 shares, compared to its average volume of 367,966. The firm has a market cap of $260.21 billion, a P/E ratio of 7.97, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a 50-day moving average price of $185.25 and a 200-day moving average price of $180.52. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. As a group, equities research analysts predict that Toyota Motor Co. will post 19.76 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 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.