EverSource Wealth Advisors LLC Increases Position in Toyota Motor Co. (NYSE:TM)

EverSource Wealth Advisors LLC increased its stake in shares of Toyota Motor Co. (NYSE:TM) by 36.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 862 shares of the company’s stock after buying an additional 228 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Toyota Motor were worth $217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in TM. CIBC Private Wealth Group LLC lifted its position in Toyota Motor by 385.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock valued at $171,423,000 after purchasing an additional 742,409 shares during the period. Captrust Financial Advisors lifted its position in Toyota Motor by 109.1% during the first quarter. Captrust Financial Advisors now owns 437,732 shares of the company’s stock valued at $110,168,000 after purchasing an additional 228,434 shares during the period. International Assets Investment Management LLC acquired a new position in Toyota Motor during the fourth quarter valued at $31,855,000. Fisher Asset Management LLC lifted its position in Toyota Motor by 2.9% during the fourth quarter. Fisher Asset Management LLC now owns 6,213,105 shares of the company’s stock valued at $1,139,359,000 after purchasing an additional 172,347 shares during the period. Finally, New Age Alpha Advisors LLC acquired a new position in Toyota Motor during the fourth quarter valued at $12,910,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Price Performance

Shares of Toyota Motor stock traded down $6.05 during trading hours on Friday, reaching $173.02. The stock had a trading volume of 674,170 shares, compared to its average volume of 276,444. The stock’s 50 day moving average is $202.35 and its 200 day moving average is $219.76. The firm has a market capitalization of $233.13 billion, a PE ratio of 6.81, a PEG ratio of 0.31 and a beta of 0.68. Toyota Motor Co. has a twelve month low of $160.38 and a twelve month high of $255.23. The company has a current ratio of 1.19, a quick ratio of 1.03 and a debt-to-equity ratio of 0.60.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $2.34. The business had revenue of $75.94 billion during the quarter, compared to the consensus estimate of $72.48 billion. Toyota Motor had a net margin of 10.70% and a return on equity of 14.32%. During the same quarter in the prior year, the firm posted $7.05 earnings per share. Equities analysts expect that Toyota Motor Co. will post 21.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Erste Group Bank restated a “hold” rating on shares of Toyota Motor in a research report on Friday, June 14th.

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.