Toyota Motor Corporation $TM Stock Bought by Evergreen Capital Management LLC

Evergreen Capital Management LLC increased its holdings in Toyota Motor Corporation (NYSE:TM - Free Report) by 91.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,060 shares of the company's stock after buying an additional 8,169 shares during the period. Evergreen Capital Management LLC's holdings in Toyota Motor were worth $3,124,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Gibbs Wealth Management bought a new position in Toyota Motor during the 3rd quarter worth $259,000. West Financial Advisors LLC acquired a new position in Toyota Motor in the 3rd quarter valued at $25,000. Manchester Capital Management LLC raised its holdings in Toyota Motor by 19.6% in the 3rd quarter. Manchester Capital Management LLC now owns 1,464 shares of the company's stock valued at $268,000 after acquiring an additional 240 shares in the last quarter. Yousif Capital Management LLC lifted its position in shares of Toyota Motor by 4.4% during the 3rd quarter. Yousif Capital Management LLC now owns 1,750 shares of the company's stock valued at $320,000 after acquiring an additional 74 shares during the period. Finally, Root Financial Partners LLC bought a new stake in shares of Toyota Motor during the 3rd quarter valued at $62,000. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Stock Up 0.6%

NYSE TM opened at $197.88 on Tuesday. The business has a fifty day moving average price of $191.51 and a two-hundred day moving average price of $199.71. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.00. Toyota Motor Corporation has a fifty-two week low of $166.10 and a fifty-two week high of $248.90. The stock has a market capitalization of $257.91 billion, a PE ratio of 8.68, a PEG ratio of 1.30 and a beta of 0.61.

Toyota Motor (NYSE:TM - Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share for the quarter. Toyota Motor had a return on equity of 11.21% and a net margin of 8.61%. The firm had revenue of $83.16 billion for the quarter. Equities analysts expect that Toyota Motor Corporation will post 20.30 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on TM shares. Zacks Research raised Toyota Motor from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 4th. Erste Group Bank upgraded Toyota Motor from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 18th. Finally, Weiss Ratings raised Toyota Motor from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Toyota Motor currently has an average rating of "Buy" and a consensus price target of $290.00.

Insider Buying and Selling at Toyota Motor

In other Toyota Motor news, President Kenta Kon acquired 85,000 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The stock was acquired at an average cost of $18.41 per share, for a total transaction of $1,564,850.00. Following the transaction, the president directly owned 148,100 shares in the company, valued at $2,726,521. This represents a 134.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Toyota Motor Company Profile

Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger vehicles, commercial vehicles and related mobility products under the Toyota and Lexus brands. It also produces vehicles through the Hino and Daihatsu businesses.

Toyota's product portfolio includes cars, trucks, sport utility vehicles, minivans and buses, along with hybrid-electric, battery-electric and hydrogen fuel-cell vehicles.

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