Raymond James Financial Inc. Buys Shares of 134,646 Toyota Motor Co. (NYSE:TM)

Raymond James Financial Inc. acquired a new position in shares of Toyota Motor Co. (NYSE:TM - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 134,646 shares of the company's stock, valued at approximately $26,203,000.

Several other large investors have also recently bought and sold shares of TM. Avior Wealth Management LLC grew its position in shares of Toyota Motor by 4.2% during the 4th quarter. Avior Wealth Management LLC now owns 1,662 shares of the company's stock worth $324,000 after purchasing an additional 67 shares in the last quarter. Bleakley Financial Group LLC raised its position in shares of Toyota Motor by 3.3% in the 4th quarter. Bleakley Financial Group LLC now owns 2,441 shares of the company's stock valued at $475,000 after buying an additional 79 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in Toyota Motor by 0.8% during the fourth quarter. Quadrant Capital Group LLC now owns 9,517 shares of the company's stock worth $1,852,000 after purchasing an additional 80 shares during the last quarter. Trust Co. of Vermont increased its stake in shares of Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company's stock valued at $31,000 after purchasing an additional 85 shares during the last quarter. Finally, Aprio Wealth Management LLC raised its holdings in shares of Toyota Motor by 6.5% during the 4th quarter. Aprio Wealth Management LLC now owns 1,411 shares of the company's stock worth $275,000 after buying an additional 86 shares in the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TM has been the topic of a number of research analyst reports. Macquarie upgraded shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research report on Tuesday, February 4th. CLSA lowered shares of Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. StockNews.com upgraded Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. Finally, Sanford C. Bernstein began coverage on Toyota Motor in a report on Monday, April 14th. They set a "market perform" rating on the stock. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".

Toyota Motor Stock Up 2.8 %

Shares of TM traded up $4.99 during trading hours on Wednesday, reaching $183.69. 87,261 shares of the stock traded hands, compared to its average volume of 363,770. Toyota Motor Co. has a 52 week low of $155.00 and a 52 week high of $235.68. The company has a market cap of $247.51 billion, a price-to-earnings ratio of 7.58, a PEG ratio of 0.35 and a beta of 0.64. The stock has a fifty day simple moving average of $179.87 and a 200 day simple moving average of $179.75. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64.

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 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, equities analysts forecast that Toyota Motor Co. will post 19.76 EPS 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.