Vise Technologies Inc. increased its holdings in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 58.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 22,585 shares of the company’s stock after acquiring an additional 8,324 shares during the period. Vise Technologies Inc.’s holdings in Toyota Motor were worth $4,835,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the business. DeDora Capital Inc. grew its position in shares of Toyota Motor by 2.1% during the fourth quarter. DeDora Capital Inc. now owns 2,141 shares of the company’s stock worth $458,000 after purchasing an additional 45 shares in the last quarter. Independence Bank of Kentucky grew its position in shares of Toyota Motor by 18.4% during the fourth quarter. Independence Bank of Kentucky now owns 296 shares of the company’s stock worth $63,000 after purchasing an additional 46 shares in the last quarter. Cornerstone Planning Group LLC grew its position in shares of Toyota Motor by 37.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock worth $38,000 after purchasing an additional 48 shares in the last quarter. J2 Capital Management Inc grew its position in shares of Toyota Motor by 2.4% during the fourth quarter. J2 Capital Management Inc now owns 2,125 shares of the company’s stock worth $455,000 after purchasing an additional 50 shares in the last quarter. Finally, Seven Mile Advisory grew its position in shares of Toyota Motor by 4.1% during the third quarter. Seven Mile Advisory now owns 1,400 shares of the company’s stock worth $268,000 after purchasing an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.
Toyota Motor Price Performance
NYSE:TM opened at $176.96 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.12. The business has a 50 day simple moving average of $196.53 and a 200-day simple moving average of $211.66. Toyota Motor Corporation has a 1 year low of $167.18 and a 1 year high of $248.90. The firm has a market capitalization of $230.63 billion, a price-to-earnings ratio of 9.04 and a beta of 0.57.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. Zacks Research lowered Toyota Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Morgan Stanley assumed coverage on Toyota Motor in a research note on Friday, May 1st. They set an “equal weight” rating for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research note on Monday, April 20th. DZ Bank raised Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Finally, Freedom Capital raised Toyota Motor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $290.00.
View Our Latest Stock Report on TM
Toyota Motor Profile
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.
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