Naviter Wealth LLC Has $4.31 Million Stock Position in Toyota Motor Co. (NYSE:TM)

Naviter Wealth LLC decreased its position in Toyota Motor Co. (NYSE:TM) by 26.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,119 shares of the company’s stock after selling 7,818 shares during the period. Naviter Wealth LLC’s holdings in Toyota Motor were worth $4,305,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC grew its holdings in shares of Toyota Motor by 1.9% in the 4th quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company’s stock valued at $1,341,254,000 after buying an additional 129,560 shares during the period. Natixis Advisors LLC boosted its stake in Toyota Motor by 10.5% in the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after purchasing an additional 34,141 shares during the period. Stifel Financial Corp boosted its stake in Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after purchasing an additional 21,092 shares during the period. Raymond James Financial Inc. acquired a new position in Toyota Motor in the 4th quarter worth $26,203,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Toyota Motor by 14.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 100,714 shares of the company’s stock worth $17,984,000 after purchasing an additional 12,467 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Trading Up 1.4 %

Shares of NYSE:TM opened at $190.20 on Friday. The company’s 50-day moving average price is $186.23 and its two-hundred day moving average price is $180.48. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The stock has a market capitalization of $256.27 billion, a PE ratio of 7.85, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping the consensus estimate 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, equities analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Finally, CLSA lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th.

Toyota Motor 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.