Envestnet Portfolio Solutions Inc. Has $560,000 Stake in Toyota Motor Corporation (NYSE:TM)

Envestnet Portfolio Solutions Inc. trimmed its stake in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 34.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,175 shares of the company's stock after selling 1,688 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in Toyota Motor were worth $560,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wood Tarver Financial Group LLC acquired a new stake in shares of Toyota Motor during the fourth quarter worth $29,000. Parvin Asset Management LLC acquired a new stake in Toyota Motor in the 4th quarter valued at $32,000. IFP Advisors Inc increased its stake in Toyota Motor by 39.5% in the 4th quarter. IFP Advisors Inc now owns 318 shares of the company's stock valued at $62,000 after buying an additional 90 shares during the last quarter. GPS Wealth Strategies Group LLC increased its stake in Toyota Motor by 77.3% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 399 shares of the company's stock valued at $70,000 after buying an additional 174 shares during the last quarter. Finally, CoreFirst Bank & Trust acquired a new stake in Toyota Motor in the 4th quarter valued at $85,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TM. DZ Bank lowered 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 began coverage on shares of Toyota Motor in a research note 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 assigned a buy rating to the company. According to data from MarketBeat.com, Toyota Motor has a consensus rating of "Hold".

Toyota Motor Trading Up 0.9%

Shares of Toyota Motor stock opened at $170.76 on Friday. The firm has a market capitalization of $230.08 billion, a PE ratio of 7.55 and a beta of 0.65. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 0.62. The firm's 50 day moving average is $183.91 and its 200 day moving average is $183.21. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $208.86.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 forecast that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Toyota Motor 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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