Natixis Advisors LLC Raises Stock Holdings in Toyota Motor Corporation (NYSE:TM)

Key Points

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Natixis Advisors LLC boosted its stake in Toyota Motor Corporation (NYSE:TM - Free Report) by 8.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 426,238 shares of the company's stock after buying an additional 33,236 shares during the period. Natixis Advisors LLC's holdings in Toyota Motor were worth $75,244,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Private Trust Co. NA boosted its holdings in 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 acquired a new stake in Toyota Motor in the fourth quarter valued at $29,000. Parvin Asset Management LLC purchased a new position in Toyota Motor in the fourth quarter valued at about $32,000. Wayfinding Financial LLC purchased a new position in Toyota Motor in the first quarter valued at about $41,000. Finally, ORG Wealth Partners LLC purchased a new position in Toyota Motor in the first quarter valued at about $47,000. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TM. Sanford C. Bernstein started coverage on shares of Toyota Motor in a research report on Monday, April 14th. They issued a "market perform" rating for the company. 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. One research 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 stock has an average rating of "Hold".

Toyota Motor Stock Performance

Shares of TM opened at $182.71 on Thursday. 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 company's fifty day moving average is $178.21 and its 200-day moving average is $181.57. The firm has a market cap of $246.19 billion, a price-to-earnings ratio of 8.08 and a beta of 0.61. Toyota Motor Corporation has a 12 month low of $155.00 and a 12 month high of $201.00.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.92 by $0.47. Toyota Motor had a net margin of 9.89% and a return on equity of 13.01%. The company had revenue of $81.09 billion during the quarter, compared to analysts' expectations of $78.47 billion. Equities analysts expect that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Toyota Motor Company 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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