Mutual Advisors LLC Makes New $289,000 Investment in Toyota Motor Corporation (NYSE:TM)

Mutual Advisors LLC purchased a new position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,538 shares of the company's stock, valued at approximately $289,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Private Trust Co. NA lifted its holdings in shares of Toyota Motor by 143.9% in the first quarter. Private Trust Co. NA now owns 139 shares of the company's stock valued at $25,000 after purchasing an additional 82 shares in the last quarter. Wood Tarver Financial Group LLC purchased a new stake in shares of Toyota Motor in the fourth quarter valued at about $29,000. Parvin Asset Management LLC purchased a new stake in shares of Toyota Motor in the fourth quarter valued at about $32,000. ORG Wealth Partners LLC purchased a new stake in shares of Toyota Motor in the first quarter valued at about $47,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of Toyota Motor by 77.3% in the first quarter. GPS Wealth Strategies Group LLC now owns 399 shares of the company's stock valued at $70,000 after purchasing an additional 174 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Trading Down 0.1%

Shares of TM traded down $0.16 on Thursday, hitting $170.38. 668,571 shares of the stock traded hands, compared to its average volume of 395,780. The company has a quick ratio of 1.10, a current ratio of 1.26 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $229.57 billion, a P/E ratio of 7.53 and a beta of 0.61. The stock's 50 day moving average is $181.59 and its two-hundred day moving average is $183.00. 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 posted its quarterly 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 the consensus estimate of $78.47 billion. Toyota Motor had a net margin of 9.89% and a return on equity of 13.01%. As a group, sell-side analysts predict that Toyota Motor Corporation will post 19.76 earnings per share for the current year.

Analyst Ratings Changes

TM has been the topic of several recent 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 note on Monday, April 14th. They set a "market perform" rating on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Toyota Motor 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.