Stifel Financial Corp Has $65.86 Million Stake in Toyota Motor Co. (NYSE:TM)

Stifel Financial Corp grew its holdings in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 338,363 shares of the company's stock after purchasing an additional 26,880 shares during the period. Stifel Financial Corp's holdings in Toyota Motor were worth $65,855,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. TD Waterhouse Canada Inc. grew its position in Toyota Motor by 148.5% during the fourth quarter. TD Waterhouse Canada Inc. now owns 2,060 shares of the company's stock worth $401,000 after buying an additional 1,231 shares in the last quarter. MML Investors Services LLC increased its position in shares of Toyota Motor by 17.9% in the fourth quarter. MML Investors Services LLC now owns 14,668 shares of the company's stock worth $2,855,000 after purchasing an additional 2,230 shares during the period. Dimensional Fund Advisors LP raised its stake in Toyota Motor by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 263,414 shares of the company's stock valued at $51,263,000 after purchasing an additional 6,047 shares in the last quarter. Freedom Investment Management Inc. lifted its position in Toyota Motor by 7.0% during the fourth quarter. Freedom Investment Management Inc. now owns 1,584 shares of the company's stock worth $308,000 after purchasing an additional 104 shares during the period. Finally, Forum Financial Management LP grew its stake in Toyota Motor by 29.9% during the fourth quarter. Forum Financial Management LP now owns 22,477 shares of the company's stock worth $4,374,000 after buying an additional 5,180 shares in the last quarter. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Performance

Shares of Toyota Motor stock opened at $178.59 on Wednesday. The company's 50 day moving average price is $179.87 and its two-hundred day moving average price is $179.75. The firm has a market capitalization of $240.64 billion, a P/E ratio of 7.37, a P/E/G ratio of 0.35 and a beta of 0.64. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. Toyota Motor Co. has a fifty-two week low of $155.00 and a fifty-two week high of $235.68.

Toyota Motor (NYSE:TM - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping the consensus estimate 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 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on TM shares. StockNews.com upgraded shares of Toyota Motor from a "sell" rating to a "hold" rating in a research report on Tuesday, January 7th. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. CLSA lowered Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. Finally, Sanford C. Bernstein assumed coverage on Toyota Motor in a report on Monday, April 14th. They set a "market perform" rating for the company. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold".

Toyota Motor Company 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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