Toyota Motor (NYSE:TM) Now Covered by Sanford C. Bernstein

Sanford C. Bernstein assumed coverage on shares of Toyota Motor (NYSE:TM - Get Free Report) in a note issued to investors on Monday, MarketBeat reports. The brokerage set a "market perform" rating on the stock.

Other equities research analysts have also recently issued reports about the company. CLSA cut Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a research report on Tuesday, January 7th. Finally, Macquarie raised Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Toyota Motor presently has an average rating of "Hold".

Toyota Motor Price Performance

TM stock traded up $1.34 during midday trading on Monday, hitting $176.44. The company's stock had a trading volume of 330,044 shares, compared to its average volume of 365,560. Toyota Motor has a 12 month low of $155.00 and a 12 month high of $235.68. The company has a 50 day moving average of $180.15 and a two-hundred day moving average of $179.78. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $237.74 billion, a price-to-earnings ratio of 7.29, a price-to-earnings-growth ratio of 0.35 and a beta of 0.64.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. On average, analysts expect that Toyota Motor will post 19.76 EPS for the current year.

Hedge Funds Weigh In On Toyota Motor

A number of large investors have recently bought and sold shares of the business. Clarius Group LLC boosted its position in Toyota Motor by 8.1% during the first quarter. Clarius Group LLC now owns 3,991 shares of the company's stock valued at $705,000 after purchasing an additional 298 shares in the last quarter. Five Oceans Advisors boosted its holdings in shares of Toyota Motor by 52.9% in the 1st quarter. Five Oceans Advisors now owns 5,312 shares of the company's stock valued at $938,000 after buying an additional 1,838 shares in the last quarter. Cardinal Capital Management grew its holdings in Toyota Motor by 0.7% in the first quarter. Cardinal Capital Management now owns 23,135 shares of the company's stock worth $4,084,000 after purchasing an additional 155 shares during the last quarter. Inscription Capital LLC acquired a new position in Toyota Motor during the 1st quarter valued at about $145,000. Finally, FNY Investment Advisers LLC raised its stake in Toyota Motor by 50.0% in the first quarter. FNY Investment Advisers LLC now owns 9,000 shares of the company's stock valued at $1,588,000 after buying an additional 3,000 shares during the last quarter. Institutional investors own 1.48% of the company's stock.

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.