Five Oceans Advisors Has $938,000 Stock Holdings in Toyota Motor Corporation (NYSE:TM)

Five Oceans Advisors increased its position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 52.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,312 shares of the company's stock after acquiring an additional 1,838 shares during the period. Five Oceans Advisors' holdings in Toyota Motor were worth $938,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC bought a new position in Toyota Motor during the fourth quarter valued at about $2,140,000. FNY Investment Advisers LLC raised its holdings in Toyota Motor by 50.0% during the first quarter. FNY Investment Advisers LLC now owns 9,000 shares of the company's stock valued at $1,588,000 after buying an additional 3,000 shares in the last quarter. SVB Wealth LLC bought a new position in Toyota Motor during the fourth quarter valued at about $447,000. Charles Schwab Investment Management Inc. raised its holdings in Toyota Motor by 17.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,891 shares of the company's stock valued at $13,991,000 after buying an additional 10,576 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its holdings in Toyota Motor by 119.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 2,556 shares of the company's stock valued at $498,000 after buying an additional 1,390 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TM has been the topic of several recent research reports. Sanford C. Bernstein initiated coverage on Toyota Motor in a report on Monday, April 14th. They set a "market perform" rating on the stock. DZ Bank lowered Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. One investment 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. Based on data from MarketBeat, the company currently has an average rating of "Hold".

Toyota Motor Stock Performance

Shares of NYSE:TM traded up $1.72 during midday trading on Wednesday, hitting $175.67. The company's stock had a trading volume of 456,642 shares, compared to its average volume of 381,371. The stock has a market capitalization of $236.71 billion, a price-to-earnings ratio of 7.77 and a beta of 0.65. The stock's 50 day simple moving average is $183.95 and its 200 day simple moving average is $183.43. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $208.86. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.10 and a current ratio of 1.26.

Toyota Motor (NYSE:TM - Get Free Report) last issued 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 company had revenue of $81.09 billion for the quarter, compared to the consensus estimate of $78.47 billion. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. As a group, research analysts anticipate that Toyota Motor Corporation will post 19.76 earnings per share 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.