Global Retirement Partners LLC Has $1.18 Million Stake in Toyota Motor Corporation $TM

Global Retirement Partners LLC increased its holdings in shares of Toyota Motor Corporation (NYSE:TMFree Report) by 146.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,508 shares of the company’s stock after buying an additional 3,276 shares during the period. Global Retirement Partners LLC’s holdings in Toyota Motor were worth $1,179,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Leonteq Securities AG acquired a new stake in Toyota Motor during the 4th quarter worth $152,000. IFP Advisors Inc boosted its position in shares of Toyota Motor by 109.4% in the 4th quarter. IFP Advisors Inc now owns 289 shares of the company’s stock worth $62,000 after purchasing an additional 151 shares during the last quarter. Intrust Bank NA boosted its position in shares of Toyota Motor by 12.2% in the 4th quarter. Intrust Bank NA now owns 4,463 shares of the company’s stock worth $955,000 after purchasing an additional 487 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of Toyota Motor by 27.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 850 shares of the company’s stock worth $182,000 after purchasing an additional 185 shares during the period. Finally, Larson Financial Group LLC increased its holdings in Toyota Motor by 302.1% in the fourth quarter. Larson Financial Group LLC now owns 189 shares of the company’s stock valued at $40,000 after purchasing an additional 142 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

Analyst Ratings Changes

TM has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a report on Monday, April 20th. DZ Bank upgraded shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a report on Monday, March 2nd. Morgan Stanley began coverage on shares of Toyota Motor in a report on Friday, May 1st. They issued an “equal weight” rating on the stock. Zacks Research lowered shares of Toyota Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Erste Group Bank cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Toyota Motor currently has an average rating of “Moderate Buy” and a consensus price target of $290.00.

Read Our Latest Analysis on Toyota Motor

Toyota Motor Price Performance

NYSE TM opened at $189.07 on Tuesday. The business has a 50 day simple moving average of $201.11 and a 200 day simple moving average of $212.92. Toyota Motor Corporation has a 52-week low of $167.18 and a 52-week high of $248.90. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.12 and a current ratio of 1.27. The stock has a market cap of $246.43 billion, a price-to-earnings ratio of 9.66 and a beta of 0.58.

Toyota Motor (NYSE:TMGet Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $3.80 earnings per share for the quarter. The firm had revenue of $76.81 billion for the quarter. Toyota Motor had a net margin of 7.59% and a return on equity of 9.74%. Analysts anticipate that Toyota Motor Corporation will post 21.69 earnings per share for the current fiscal year.

Toyota Motor Profile

(Free Report)

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.

Further Reading

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

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