FNY Investment Advisers LLC Has $1.59 Million Holdings in Toyota Motor Corporation (NYSE:TM)

FNY Investment Advisers LLC lifted its holdings in Toyota Motor Corporation (NYSE:TM - Free Report) by 50.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,000 shares of the company's stock after purchasing an additional 3,000 shares during the quarter. Toyota Motor accounts for approximately 1.0% of FNY Investment Advisers LLC's holdings, making the stock its 23rd largest position. FNY Investment Advisers LLC's holdings in Toyota Motor were worth $1,588,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. QRG Capital Management Inc. grew its stake in shares of Toyota Motor by 3.9% in the first quarter. QRG Capital Management Inc. now owns 91,463 shares of the company's stock worth $16,146,000 after purchasing an additional 3,460 shares in the last quarter. Sagespring Wealth Partners LLC boosted its stake in Toyota Motor by 28.8% during the first quarter. Sagespring Wealth Partners LLC now owns 3,553 shares of the company's stock valued at $627,000 after buying an additional 795 shares in the last quarter. Adero Partners LLC boosted its stake in Toyota Motor by 20.9% during the first quarter. Adero Partners LLC now owns 1,654 shares of the company's stock valued at $292,000 after buying an additional 286 shares in the last quarter. Sowell Financial Services LLC bought a new position in Toyota Motor during the first quarter valued at about $373,000. Finally, Janney Montgomery Scott LLC boosted its stake in Toyota Motor by 6.0% during the first quarter. Janney Montgomery Scott LLC now owns 7,424 shares of the company's stock valued at $1,311,000 after buying an additional 417 shares in the last quarter. Institutional investors own 1.48% of the company's stock.

Toyota Motor Price Performance

TM stock traded up $1.72 during trading hours on Thursday, hitting $175.67. 456,642 shares of the stock traded hands, compared to its average volume of 381,371. 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 Corporation has a one year low of $155.00 and a one year high of $208.86. The company has a market cap of $236.71 billion, a P/E ratio of 7.77 and a beta of 0.65. The stock has a 50-day simple moving average of $183.99 and a 200 day simple moving average of $183.37.

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 for the quarter, beating analysts' consensus estimates of $2.92 by $0.47. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. The business had revenue of $81.09 billion during the quarter, compared to analyst estimates of $78.47 billion. Equities analysts forecast that Toyota Motor Corporation will post 19.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on TM shares. DZ Bank cut Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, May 9th. Sanford C. Bernstein started coverage on Toyota Motor in a research note on Monday, April 14th. They set a "market perform" rating for the company. 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's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".

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.