Toyota Motor (NYSE:TM) Rating Increased to Outperform at Macquarie

Toyota Motor (NYSE:TM - Get Free Report) was upgraded by equities researchers at Macquarie from a "neutral" rating to an "outperform" rating in a research note issued to investors on Tuesday, Marketbeat reports.

Separately, StockNews.com upgraded Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th.

Toyota Motor Stock Up 4.4 %

Shares of Toyota Motor stock traded up $8.23 during trading on Tuesday, reaching $195.79. The stock had a trading volume of 295,888 shares, compared to its average volume of 405,677. The company has a market capitalization of $263.81 billion, a price-to-earnings ratio of 9.28, a P/E/G ratio of 0.36 and a beta of 0.63. The stock has a fifty day moving average price of $183.25 and a two-hundred day moving average price of $180.15. Toyota Motor has a 52 week low of $159.04 and a 52 week high of $255.23. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61.

Toyota Motor (NYSE:TM - Get Free Report) last announced 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 return on equity of 12.02% and a net margin of 9.17%. Sell-side analysts predict that Toyota Motor will post 19.76 EPS for the current fiscal year.

Institutional Investors Weigh In On Toyota Motor

Hedge funds have recently modified their holdings of the stock. Stifel Financial Corp lifted its stake in Toyota Motor by 7.3% in 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 during the last quarter. Fisher Asset Management LLC raised its stake in Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company's stock worth $1,207,571,000 after buying an additional 160,720 shares in the last quarter. Atom Investors LP purchased a new stake in Toyota Motor in the third quarter worth about $841,000. FNY Investment Advisers LLC purchased a new stake in shares of Toyota Motor during the fourth quarter valued at approximately $1,167,000. Finally, Moran Wealth Management LLC increased its position in shares of Toyota Motor by 62.4% during the third quarter. Moran Wealth Management LLC now owns 27,433 shares of the company's stock valued at $4,899,000 after acquiring an additional 10,545 shares in the last quarter. Institutional investors own 1.48% of the company's stock.

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.