HBK Sorce Advisory LLC Boosts Stock Holdings in Toyota Motor Co. (NYSE:TM)

HBK Sorce Advisory LLC boosted its stake in shares of Toyota Motor Co. (NYSE:TM) by 24.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,416 shares of the company’s stock after acquiring an additional 282 shares during the period. HBK Sorce Advisory LLC’s holdings in Toyota Motor were worth $276,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. grew its stake in Toyota Motor by 30.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 131,290 shares of the company’s stock valued at $25,550,000 after acquiring an additional 30,576 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in Toyota Motor by 65.7% during the fourth quarter. Avantax Advisory Services Inc. now owns 19,546 shares of the company’s stock valued at $3,804,000 after acquiring an additional 7,748 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Toyota Motor by 14.8% during the fourth quarter. Farther Finance Advisors LLC now owns 1,149 shares of the company’s stock valued at $224,000 after acquiring an additional 148 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Toyota Motor by 72.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,654 shares of the company’s stock valued at $322,000 after acquiring an additional 695 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its stake in Toyota Motor by 10.8% during the fourth quarter. Sequoia Financial Advisors LLC now owns 8,837 shares of the company’s stock valued at $1,720,000 after acquiring an additional 861 shares in the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, CLSA lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th.

Toyota Motor Price Performance

TM stock opened at $186.72 on Friday. The company has a fifty day simple moving average of $185.34 and a two-hundred day simple moving average of $180.56. The firm has a market capitalization of $251.58 billion, a P/E ratio of 7.71, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping 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%. Analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

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.