Advisor Group Holdings Inc. Purchases 578 Shares of Toyota Motor Co. (NYSE:TM)

Advisor Group Holdings Inc. lifted its position in shares of Toyota Motor Co. (NYSE:TM) by 3.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 17,652 shares of the company’s stock after buying an additional 578 shares during the quarter. Advisor Group Holdings Inc.’s holdings in Toyota Motor were worth $3,138,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Stephens Inc. AR grew its position in Toyota Motor by 2.0% in the 2nd quarter. Stephens Inc. AR now owns 2,841 shares of the company’s stock worth $497,000 after purchasing an additional 57 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Toyota Motor by 0.6% during the 3rd quarter. Pacer Advisors Inc. now owns 9,971 shares of the company’s stock valued at $1,772,000 after buying an additional 58 shares in the last quarter. Atlas Capital Advisors LLC lifted its stake in shares of Toyota Motor by 2.3% during the 3rd quarter. Atlas Capital Advisors LLC now owns 2,560 shares of the company’s stock valued at $455,000 after buying an additional 58 shares in the last quarter. Keybank National Association OH increased its holdings in Toyota Motor by 3.1% in the 2nd quarter. Keybank National Association OH now owns 2,070 shares of the company’s stock valued at $362,000 after acquiring an additional 63 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. increased its holdings in Toyota Motor by 4.3% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,642 shares of the company’s stock valued at $292,000 after acquiring an additional 67 shares during the last quarter. 1.20% of the stock is owned by institutional investors.

TM has been the topic of a number of research reports. UBS Group upgraded shares of Toyota Motor from a “neutral” rating to a “buy” rating and set a $178.00 target price on the stock in a report on Tuesday, November 30th. Zacks Investment Research downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating and set a $187.00 target price on the stock. in a report on Friday, October 1st. Finally, Morgan Stanley initiated coverage on shares of Toyota Motor in a report on Tuesday, October 12th. They issued an “overweight” rating on the stock.

Shares of NYSE:TM opened at $210.69 on Friday. The company has a market capitalization of $294.54 billion, a price-to-earnings ratio of 10.12, a PEG ratio of 0.48 and a beta of 0.50. Toyota Motor Co. has a 12 month low of $139.29 and a 12 month high of $213.74. The firm’s 50-day moving average is $186.57 and its 200 day moving average is $180.73. The company has a current ratio of 1.07, a quick ratio of 0.92 and a debt-to-equity ratio of 0.54.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Thursday, November 4th. The company reported $4.09 EPS for the quarter, beating the consensus estimate of $2.60 by $1.49. The company had revenue of $68.55 billion for the quarter, compared to the consensus estimate of $62.07 billion. Toyota Motor had a net margin of 10.03% and a return on equity of 12.93%. As a group, equities analysts forecast that Toyota Motor Co. will post 18.65 EPS for the current fiscal year.

The company also recently declared a Semi-Annual dividend, which was paid on Monday, December 6th. Investors of record on Thursday, September 30th were issued a dividend of $1.863 per share. The ex-dividend date of this dividend was Wednesday, September 29th. Toyota Motor’s payout ratio is 17.92%.

About Toyota Motor

Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories.

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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