FNY Investment Advisers LLC Raises Stock Position in Toyota Motor Co. (NYSE:TM)

FNY Investment Advisers LLC raised its stake in shares of Toyota Motor Co. (NYSE:TM) by 50.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,000 shares of the company’s stock after purchasing an additional 3,000 shares during the period. Toyota Motor accounts for 1.0% of FNY Investment Advisers LLC’s holdings, making the stock its 23rd biggest position. FNY Investment Advisers LLC’s holdings in Toyota Motor were worth $1,588,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Wood Tarver Financial Group LLC acquired a new position in shares of Toyota Motor during the 4th quarter worth about $29,000. Parvin Asset Management LLC purchased a new stake in Toyota Motor during the 4th quarter worth approximately $32,000. Roxbury Financial LLC acquired a new position in shares of Toyota Motor during the fourth quarter valued at approximately $41,000. Sierra Ocean LLC purchased a new position in shares of Toyota Motor in the fourth quarter valued at approximately $53,000. Finally, BankPlus Trust Department purchased a new position in shares of Toyota Motor in the fourth quarter valued at approximately $58,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. DZ Bank downgraded Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, May 9th. Sanford C. Bernstein initiated coverage on shares of Toyota Motor in a report on Monday, April 14th. They set a “market perform” rating for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Toyota Motor Price Performance

TM stock opened at $178.69 on Monday. Toyota Motor Co. has a 1 year low of $155.00 and a 1 year high of $208.86. The firm has a market capitalization of $240.76 billion, a PE ratio of 7.38, a price-to-earnings-growth ratio of 0.35 and a beta of 0.65. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The business has a 50 day simple moving average of $183.59 and a 200-day simple moving average of $183.44.

Toyota Motor (NYSE:TM) last issued its earnings results on Thursday, May 8th. The company reported $3.39 EPS for the quarter, topping analysts’ consensus estimates of $2.92 by $0.47. The company had revenue of $81.09 billion for the quarter, compared to the consensus estimate of $78.47 billion. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. Equities research analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

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.