Toyota Motor Corporation $TM Shares Purchased by Gradient Investments LLC

Gradient Investments LLC boosted its holdings in Toyota Motor Corporation (NYSE:TM) by 49.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,812 shares of the company’s stock after acquiring an additional 2,921 shares during the quarter. Gradient Investments LLC’s holdings in Toyota Motor were worth $1,886,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Toyota Motor by 14.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,840 shares of the company’s stock valued at $1,688,000 after purchasing an additional 997 shares in the last quarter. Wedmont Private Capital boosted its stake in shares of Toyota Motor by 6.0% during the 4th quarter. Wedmont Private Capital now owns 2,372 shares of the company’s stock worth $506,000 after acquiring an additional 134 shares in the last quarter. Sagespring Wealth Partners LLC increased its stake in Toyota Motor by 6.7% in the 4th quarter. Sagespring Wealth Partners LLC now owns 3,365 shares of the company’s stock valued at $720,000 after purchasing an additional 210 shares in the last quarter. Park Avenue Securities LLC raised its holdings in Toyota Motor by 15.4% during the fourth quarter. Park Avenue Securities LLC now owns 21,956 shares of the company’s stock worth $4,700,000 after purchasing an additional 2,933 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Toyota Motor by 22.7% during the fourth quarter. GAMMA Investing LLC now owns 3,529 shares of the company’s stock worth $755,000 after purchasing an additional 653 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TM. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, January 21st. DZ Bank raised Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, March 2nd. BNP Paribas Exane assumed coverage on shares of Toyota Motor in a research report on Thursday, February 12th. They issued an “outperform” rating and a $290.00 price objective on the stock. Finally, Zacks Research raised shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Toyota Motor has an average rating of “Moderate Buy” and an average price target of $290.00.

Toyota Motor Trading Up 2.6%

Shares of Toyota Motor stock opened at $210.45 on Tuesday. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $248.90. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.26 and a quick ratio of 1.12. The business has a 50 day moving average price of $229.93 and a 200 day moving average price of $212.74. The company has a market capitalization of $274.29 billion, a P/E ratio of 11.09 and a beta of 0.60.

Toyota Motor (NYSE:TM) last released its earnings results on Friday, February 6th. The company reported $6.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $1.91. Toyota Motor had a net margin of 7.32% and a return on equity of 9.67%. The company had revenue of $76.37 billion for the quarter, compared to analyst estimates of $82 billion. Sell-side analysts anticipate that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Toyota Motor Profile

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.