Cetera Investment Advisers increased its holdings in Toyota Motor Corporation (NYSE:TM – Free Report) by 8.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 26,348 shares of the company’s stock after acquiring an additional 2,014 shares during the period. Cetera Investment Advisers’ holdings in Toyota Motor were worth $4,539,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. AlphaCore Capital LLC acquired a new position in shares of Toyota Motor in the 1st quarter valued at $37,000. NewSquare Capital LLC increased its position in shares of Toyota Motor by 65.7% during the 2nd quarter. NewSquare Capital LLC now owns 227 shares of the company’s stock worth $39,000 after purchasing an additional 90 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Toyota Motor in the 1st quarter valued at about $47,000. Caitong International Asset Management Co. Ltd lifted its position in Toyota Motor by 56.3% in the first quarter. Caitong International Asset Management Co. Ltd now owns 272 shares of the company’s stock valued at $48,000 after buying an additional 98 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its stake in Toyota Motor by 83.8% during the second quarter. Westside Investment Management Inc. now owns 340 shares of the company’s stock worth $58,000 after buying an additional 155 shares during the period. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Toyota Motor Trading Up 0.8%
NYSE:TM opened at $199.15 on Tuesday. Toyota Motor Corporation has a 12-month low of $155.00 and a 12-month high of $211.24. The firm has a market cap of $268.34 billion, a PE ratio of 9.60 and a beta of 0.63. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.62. The stock has a fifty day moving average price of $199.55 and a 200 day moving average price of $189.86.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Erste Group Bank upgraded Toyota Motor from a “hold” rating to a “buy” rating in a research note on Friday, October 31st. Zacks Research cut Toyota Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Finally, Wall Street Zen downgraded Toyota Motor from a “buy” rating to a “hold” rating in a report on Sunday, November 16th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
Get Our Latest Research Report on Toyota Motor
About Toyota Motor
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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