Toyota Motor Corporation (NYSE:TM) Position Lifted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 19.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 153,414 shares of the company's stock after acquiring an additional 25,056 shares during the period. Envestnet Asset Management Inc.'s holdings in Toyota Motor were worth $27,082,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TM. Traveka Wealth LLC raised its holdings in shares of Toyota Motor by 3.5% during the first quarter. Traveka Wealth LLC now owns 2,011 shares of the company's stock worth $355,000 after purchasing an additional 68 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of Toyota Motor by 26.7% in the first quarter. Concurrent Investment Advisors LLC now owns 1,820 shares of the company's stock valued at $321,000 after purchasing an additional 384 shares during the period. Bank of New York Mellon Corp grew its position in shares of Toyota Motor by 10.8% in the first quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company's stock valued at $9,532,000 after purchasing an additional 5,262 shares during the period. World Investment Advisors boosted its position in Toyota Motor by 74.9% during the first quarter. World Investment Advisors now owns 2,255 shares of the company's stock worth $398,000 after acquiring an additional 966 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. boosted its position in Toyota Motor by 4.1% during the first quarter. Generali Investments CEE investicni spolecnost a.s. now owns 32,992 shares of the company's stock worth $5,824,000 after acquiring an additional 1,304 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Wall Street Analyst Weigh In

TM has been the topic of a number of research analyst reports. DZ Bank downgraded shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, May 9th. Sanford C. Bernstein initiated coverage on shares of Toyota Motor in a research report on Monday, April 14th. They issued a "market perform" rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold".

Toyota Motor Trading Down 0.1%

Shares of NYSE TM traded down $0.21 during midday trading on Wednesday, reaching $169.81. 399,926 shares of the stock were exchanged, compared to its average volume of 397,573. Toyota Motor Corporation has a 52-week low of $155.00 and a 52-week high of $205.15. The stock has a 50 day moving average price of $179.51 and a 200-day moving average price of $182.40. The company has a market capitalization of $228.80 billion, a P/E ratio of 7.51 and a beta of 0.61. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 0.62.

Toyota Motor (NYSE:TM - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.92 by $0.47. The firm had revenue of $81.09 billion during the quarter, compared to the consensus estimate of $78.47 billion. Toyota Motor had a net margin of 9.89% and a return on equity of 13.01%. Equities research analysts expect that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

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.