Toyota Motor Co. (NYSE:TM) Shares Purchased by LPL Financial LLC

LPL Financial LLC raised its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 17.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,449 shares of the company's stock after buying an additional 11,392 shares during the period. LPL Financial LLC's holdings in Toyota Motor were worth $14,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Stifel Financial Corp raised its holdings in shares of Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company's stock valued at $55,632,000 after acquiring an additional 21,092 shares in the last quarter. Atom Investors LP purchased a new stake in shares of Toyota Motor in the 3rd quarter worth approximately $841,000. FNY Investment Advisers LLC bought a new position in shares of Toyota Motor during the fourth quarter valued at approximately $1,167,000. Strategic Financial Concepts LLC purchased a new position in Toyota Motor during the fourth quarter valued at approximately $2,140,000. Finally, SVB Wealth LLC bought a new position in Toyota Motor in the fourth quarter worth approximately $447,000. 1.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Remove Ads

Toyota Motor Stock Performance

Toyota Motor stock traded down $9.36 during midday trading on Friday, hitting $158.71. 919,419 shares of the company were exchanged, compared to its average volume of 350,115. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. Toyota Motor Co. has a fifty-two week low of $156.71 and a fifty-two week high of $248.47. The business has a fifty day simple moving average of $184.96 and a two-hundred day simple moving average of $180.88. The firm has a market capitalization of $213.84 billion, a PE ratio of 6.55, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63.

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