LPL Financial LLC Increases Stock Position in Toyota Motor Corporation (NYSE:TM)

LPL Financial LLC increased its position in Toyota Motor Corporation (NYSE:TM - Free Report) by 12.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,878 shares of the company's stock after purchasing an additional 9,429 shares during the quarter. LPL Financial LLC's holdings in Toyota Motor were worth $15,160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in TM. GAMMA Investing LLC raised its holdings in Toyota Motor by 22,846.4% in the first quarter. GAMMA Investing LLC now owns 491,283 shares of the company's stock valued at $86,726,000 after acquiring an additional 489,142 shares in the last quarter. Northern Trust Corp raised its holdings in Toyota Motor by 66.5% in the fourth quarter. Northern Trust Corp now owns 961,403 shares of the company's stock valued at $187,099,000 after acquiring an additional 384,149 shares in the last quarter. Captrust Financial Advisors raised its holdings in Toyota Motor by 166.3% in the fourth quarter. Captrust Financial Advisors now owns 374,864 shares of the company's stock valued at $72,952,000 after acquiring an additional 234,078 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Toyota Motor in the fourth quarter valued at $26,203,000. Finally, FMR LLC raised its holdings in Toyota Motor by 14.3% in the fourth quarter. FMR LLC now owns 563,437 shares of the company's stock valued at $109,651,000 after acquiring an additional 70,644 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TM. Sanford C. Bernstein began coverage on shares of Toyota Motor in a report on Monday, April 14th. They issued a "market perform" rating on the stock. DZ Bank cut shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Toyota Motor Stock Up 1.6%

Shares of NYSE:TM opened at $184.32 on Thursday. The stock has a market capitalization of $248.36 billion, a price-to-earnings ratio of 8.15 and a beta of 0.64. Toyota Motor Corporation has a 1-year low of $155.00 and a 1-year high of $201.00. The company's fifty day moving average is $178.01 and its two-hundred day moving average is $181.51. 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 earnings results on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, topping analysts' consensus estimates of $2.92 by $0.47. The company had revenue of $81.09 billion for the quarter, compared to analysts' expectations of $78.47 billion. Toyota Motor had a net margin of 9.89% and a return on equity of 13.01%. Equities analysts anticipate that Toyota Motor Corporation will post 19.76 EPS 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.

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