Toyota Motor Corporation $TM Stock Holdings Lifted by Vise Technologies Inc.

Key Points

• Vise Technologies increased its Toyota Motor stake by 31% in the third quarter, adding 6,153 shares to hold 26,030 shares valued at about $4.77 million.
• Analyst sentiment is broadly positive: Toyota has a consensus “Buy” rating and a $290 price target, with four analysts rating it Strong Buy.
• Toyota reported quarterly earnings of $7.42 per share and revenue of $83.16 billion; analysts expect full-year EPS of $21.17.

Vise Technologies Inc. boosted its stake in Toyota Motor Corporation (NYSE:TM - Free Report) by 31.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,030 shares of the company's stock after purchasing an additional 6,153 shares during the quarter. Vise Technologies Inc.'s holdings in Toyota Motor were worth $4,766,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Compass Financial Management LLC bought a new position in Toyota Motor in the 2nd quarter valued at about $25,000. West Financial Advisors LLC bought a new position in Toyota Motor in the third quarter valued at approximately $25,000. Physician Wealth Advisors Inc. increased its stake in Toyota Motor by 111.0% in the third quarter. Physician Wealth Advisors Inc. now owns 154 shares of the company's stock valued at $28,000 after acquiring an additional 81 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its position in Toyota Motor by 418.5% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company's stock valued at $29,000 after purchasing an additional 113 shares in the last quarter. Finally, Mather Group LLC. raised its position in Toyota Motor by 156.2% during the third quarter. Mather Group LLC. now owns 164 shares of the company's stock valued at $30,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 1.48% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on TM. Erste Group Bank upgraded Toyota Motor from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 18th. Weiss Ratings upgraded Toyota Motor from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, October 8th. Finally, Zacks Research raised Toyota Motor from a "hold" rating to a "strong-buy" rating in a report on Thursday, October 29th. Four research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Toyota Motor presently has a consensus rating of "Buy" and a consensus price target of $290.00.

Toyota Motor Price Performance

TM stock opened at $193.16 on Wednesday. The stock has a market cap of $251.75 billion, a price-to-earnings ratio of 8.63, a P/E/G ratio of 1.24 and a beta of 0.62. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.00. The company has a 50 day simple moving average of $192.09 and a 200 day simple moving average of $198.84. Toyota Motor Corporation has a 1 year low of $166.10 and a 1 year high of $248.90.

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. The firm had revenue of $83.16 billion for the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%. Research analysts anticipate that Toyota Motor Corporation will post 21.17 EPS for the current fiscal year.

Toyota Motor 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.

Want to see what other hedge funds are holding TM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Toyota Motor Corporation (NYSE:TM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.