Pinnacle Wealth Planning Services Inc. lifted its holdings in Toyota Motor Corporation (NYSE:TM – Free Report) by 36.2% in the second quarter, HoldingsChannel.com reports. The fund owned 1,782 shares of the company’s stock after buying an additional 474 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Toyota Motor were worth $307,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of TM. Brighton Jones LLC increased its holdings in Toyota Motor by 21.8% in the 4th quarter. Brighton Jones LLC now owns 2,658 shares of the company’s stock valued at $517,000 after acquiring an additional 476 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Toyota Motor by 3.9% during the first quarter. Private Advisor Group LLC now owns 5,779 shares of the company’s stock valued at $1,020,000 after purchasing an additional 218 shares in the last quarter. Abel Hall LLC increased its holdings in shares of Toyota Motor by 43.9% in the first quarter. Abel Hall LLC now owns 2,021 shares of the company’s stock worth $357,000 after purchasing an additional 617 shares during the last quarter. Argonautica Private Wealth Management Inc. lifted its position in shares of Toyota Motor by 11.7% in the first quarter. Argonautica Private Wealth Management Inc. now owns 2,101 shares of the company’s stock worth $371,000 after buying an additional 220 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in shares of Toyota Motor by 5.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 20,694 shares of the company’s stock valued at $3,653,000 after acquiring an additional 1,148 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Toyota Motor Stock Up 0.4%
Shares of Toyota Motor stock opened at $196.65 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. The company has a market cap of $264.97 billion, a P/E ratio of 9.48 and a beta of 0.63. The firm’s 50 day moving average price is $199.60 and its 200-day moving average price is $189.75. Toyota Motor Corporation has a 52-week low of $155.00 and a 52-week high of $211.24.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on TM. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Zacks Research downgraded Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Sanford C. Bernstein upgraded shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Finally, Wall Street Zen downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research note on Sunday. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
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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