Five Oceans Advisors Increases Stake in Toyota Motor Co. (NYSE:TM)

Five Oceans Advisors boosted its stake in Toyota Motor Co. (NYSE:TMGet Rating) by 11.7% during the second quarter, Holdings Channel.com reports. The firm owned 3,556 shares of the company’s stock after buying an additional 372 shares during the period. Five Oceans Advisors’ holdings in Toyota Motor were worth $548,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of TM. Byrne Asset Management LLC bought a new stake in shares of Toyota Motor in the 4th quarter worth approximately $26,000. Bank of New Hampshire grew its position in shares of Toyota Motor by 906.3% in the 2nd quarter. Bank of New Hampshire now owns 161 shares of the company’s stock worth $25,000 after buying an additional 145 shares during the last quarter. Adirondack Trust Co. raised its stake in Toyota Motor by 75.0% during the second quarter. Adirondack Trust Co. now owns 175 shares of the company’s stock valued at $27,000 after buying an additional 75 shares during the last quarter. Exane Derivatives purchased a new position in Toyota Motor during the first quarter valued at $38,000. Finally, Channing Global Advisors LLC purchased a new position in Toyota Motor during the fourth quarter valued at $44,000. 1.36% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on TM. StockNews.com cut Toyota Motor from a “buy” rating to a “hold” rating in a research note on Friday, August 12th. Macquarie cut Toyota Motor from an “outperform” rating to a “neutral” rating in a research note on Friday, July 15th. UBS Group lowered their price objective on Toyota Motor from 2,500.00 to 2,300.00 in a research note on Wednesday, July 13th. JPMorgan Chase & Co. upgraded Toyota Motor from a “neutral” rating to an “overweight” rating in a research note on Tuesday, May 31st. Finally, Jefferies Financial Group boosted their price target on Toyota Motor from $177.49 to $179.41 and gave the stock a “hold” rating in a research note on Thursday, July 7th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,239.71.

Toyota Motor Stock Performance

Toyota Motor stock traded down $1.95 during mid-day trading on Friday, reaching $137.10. 1,768 shares of the stock traded hands, compared to its average volume of 220,201. The stock has a market capitalization of $191.66 billion, a PE ratio of 8.38, a price-to-earnings-growth ratio of 1.08 and a beta of 0.53. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.10 and a quick ratio of 0.92. Toyota Motor Co. has a 12-month low of $137.57 and a 12-month high of $213.74. The business’s 50-day moving average is $152.89 and its 200-day moving average is $161.06.

About Toyota Motor

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Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names.

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

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