Private Advisory Group LLC Boosts Holdings in Toyota Motor Corporation (NYSE:TM)

Key Points

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Private Advisory Group LLC boosted its position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 11.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,500 shares of the company's stock after acquiring an additional 3,509 shares during the period. Private Advisory Group LLC's holdings in Toyota Motor were worth $5,914,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its holdings in shares of Toyota Motor by 27.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 8,163 shares of the company's stock worth $1,424,000 after buying an additional 1,778 shares during the last quarter. DeDora Capital Inc. acquired a new stake in shares of Toyota Motor during the first quarter worth $349,000. Bank of New York Mellon Corp lifted its stake in shares of Toyota Motor by 10.8% during the first quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company's stock worth $9,532,000 after buying an additional 5,262 shares during the period. Sowell Financial Services LLC acquired a new stake in shares of Toyota Motor during the first quarter worth $373,000. Finally, Bearing Point Capital LLC lifted its stake in shares of Toyota Motor by 11.5% during the first quarter. Bearing Point Capital LLC now owns 18,797 shares of the company's stock worth $3,318,000 after buying an additional 1,933 shares during the period. Hedge funds and other institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Performance

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 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 52-week low of $155.00 and a 52-week high of $201.00. The firm's fifty day simple moving average is $178.21 and its two-hundred day simple moving average is $181.57.

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 the consensus estimate of $2.92 by $0.47. The firm 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%. Equities analysts anticipate that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. 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. Sanford C. Bernstein began coverage on shares of Toyota Motor in a research report 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 issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold".

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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