Ativo Capital Management LLC decreased its holdings in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 3.0% during the second quarter, HoldingsChannel reports. The firm owned 6,306 shares of the company’s stock after selling 197 shares during the period. Ativo Capital Management LLC’s holdings in Toyota Motor were worth $1,086,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA increased its position in Toyota Motor by 143.9% during the 1st quarter. Private Trust Co. NA now owns 139 shares of the company’s stock valued at $25,000 after purchasing an additional 82 shares during the period. AlphaCore Capital LLC purchased a new position in Toyota Motor during the 1st quarter valued at about $37,000. Wayfinding Financial LLC purchased a new position in shares of Toyota Motor in the 1st quarter valued at $41,000. ORG Wealth Partners LLC purchased a new position in shares of Toyota Motor in the 1st quarter valued at $47,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Toyota Motor during the 1st quarter worth $47,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Toyota Motor Stock Up 1.6%
TM stock opened at $188.22 on Tuesday. The firm has a 50 day moving average of $195.44 and a 200 day moving average of $184.85. The stock has a market capitalization of $253.61 billion, a PE ratio of 9.08 and a beta of 0.62. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $202.87.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on TM shares. Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Finally, Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Toyota Motor currently has an average rating of “Hold”.
Read Our Latest Stock Report on Toyota Motor
Toyota Motor Company 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.
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