Toyota Motor Corporation (NYSE:TM) Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its stake in Toyota Motor Corporation (NYSE:TM - Free Report) by 27.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,163 shares of the company's stock after acquiring an additional 1,778 shares during the period. Allspring Global Investments Holdings LLC's holdings in Toyota Motor were worth $1,424,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TM. Northern Trust Corp lifted its position in Toyota Motor by 66.5% in the fourth quarter. Northern Trust Corp now owns 961,403 shares of the company's stock worth $187,099,000 after purchasing an additional 384,149 shares during the period. FMR LLC lifted its position in Toyota Motor by 14.3% in the fourth quarter. FMR LLC now owns 563,437 shares of the company's stock worth $109,651,000 after purchasing an additional 70,644 shares during the period. GAMMA Investing LLC lifted its position in Toyota Motor by 22,846.4% in the first quarter. GAMMA Investing LLC now owns 491,283 shares of the company's stock worth $86,726,000 after purchasing an additional 489,142 shares during the period. SRB Corp lifted its position in Toyota Motor by 2.0% in the fourth quarter. SRB Corp now owns 398,656 shares of the company's stock worth $77,582,000 after purchasing an additional 7,708 shares during the period. Finally, Natixis Advisors LLC lifted its position in Toyota Motor by 9.5% in the fourth quarter. Natixis Advisors LLC now owns 393,002 shares of the company's stock worth $76,482,000 after purchasing an additional 34,110 shares during the period. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Down 4.0%

TM stock opened at $167.92 on Tuesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.26 and a quick ratio of 1.10. Toyota Motor Corporation has a 52-week low of $155.00 and a 52-week high of $208.86. The company has a 50-day moving average of $182.51 and a two-hundred day moving average of $183.18. The stock has a market capitalization of $226.26 billion, a price-to-earnings ratio of 7.42 and a beta of 0.61.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings results 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. As a group, equities research analysts anticipate that Toyota Motor Corporation will post 19.76 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TM. Sanford C. Bernstein began coverage on Toyota Motor in a report on Monday, April 14th. They issued a "market perform" rating on the stock. DZ Bank cut 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 assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus 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.

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