Sowell Financial Services LLC Buys Shares of 2,111 Toyota Motor Corporation (NYSE:TM)

Sowell Financial Services LLC acquired a new position in Toyota Motor Corporation (NYSE:TM - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,111 shares of the company's stock, valued at approximately $373,000.

A number of other large investors have also recently made changes to their positions in TM. Janney Montgomery Scott LLC boosted its position in shares of 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 during the period. Trust Point Inc. grew its stake in Toyota Motor by 9.5% in the first quarter. Trust Point Inc. now owns 1,610 shares of the company's stock valued at $284,000 after purchasing an additional 140 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new position in shares of Toyota Motor in the 1st quarter worth approximately $506,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Toyota Motor by 7.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,849 shares of the company's stock worth $1,033,000 after purchasing an additional 411 shares in the last quarter. Finally, apricus wealth LLC increased its position in Toyota Motor by 7.7% during the 1st quarter. apricus wealth LLC now owns 14,519 shares of the company's stock valued at $2,563,000 after buying an additional 1,035 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on TM. 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 Toyota Motor in a report on Monday, April 14th. They issued a "market perform" rating for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Toyota Motor Price Performance

Shares of NYSE:TM traded up $0.79 during midday trading on Tuesday, reaching $171.67. 400,140 shares of the company's stock traded hands, compared to its average volume of 383,732. The company has a fifty day simple moving average of $184.19 and a two-hundred day simple moving average of $183.43. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $208.86. The company has a market cap of $231.30 billion, a P/E ratio of 7.59 and a beta of 0.65. 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 quarterly earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $81.09 billion for the quarter, compared to analyst estimates of $78.47 billion. Equities analysts predict that Toyota Motor Corporation will post 19.76 EPS for the current fiscal 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.