UMB Bank n.a. lessened its holdings in shares of Toyota Motor Co. (NYSE:TM – Get Rating) by 28.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 811 shares of the company's stock after selling 325 shares during the period. UMB Bank n.a.'s holdings in Toyota Motor were worth $125,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of TM. Rockefeller Capital Management L.P. boosted its holdings in shares of Toyota Motor by 90.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,031 shares of the company's stock valued at $376,000 after buying an additional 962 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Toyota Motor by 5.0% during the 4th quarter. LPL Financial LLC now owns 32,201 shares of the company's stock valued at $5,967,000 after buying an additional 1,527 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Toyota Motor by 10.0% during the 4th quarter. Cetera Investment Advisers now owns 12,208 shares of the company's stock valued at $2,262,000 after buying an additional 1,114 shares in the last quarter. Stifel Financial Corp raised its position in shares of Toyota Motor by 1.3% in the 4th quarter. Stifel Financial Corp now owns 163,963 shares of the company's stock worth $30,383,000 after purchasing an additional 2,175 shares during the last quarter. Finally, SRB Corp raised its position in shares of Toyota Motor by 21.5% in the 4th quarter. SRB Corp now owns 606,855 shares of the company's stock worth $112,450,000 after purchasing an additional 107,200 shares during the last quarter. Institutional investors own 1.36% of the company's stock.
Get Toyota Motor alerts:Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on TM shares. StockNews.com lowered Toyota Motor from a "buy" rating to a "hold" rating in a research report on Friday, August 12th. Jefferies Financial Group lifted their price target on Toyota Motor from $177.49 to $179.41 and gave the stock a "hold" rating in a research report on Thursday, July 7th. Macquarie lowered Toyota Motor from an "outperform" rating to a "neutral" rating in a research report on Friday, July 15th. Finally, UBS Group lowered their price target on Toyota Motor from 2,500.00 to 2,300.00 in a research report on Wednesday, July 13th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Toyota Motor presently has an average rating of "Moderate Buy" and a consensus price target of $1,239.71.
Toyota Motor Price Performance
Shares of NYSE:TM opened at $139.85 on Wednesday. Toyota Motor Co. has a fifty-two week low of $130.07 and a fifty-two week high of $213.74. The business has a 50-day simple moving average of $149.22 and a two-hundred day simple moving average of $159.30. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.92 and a current ratio of 1.10. The firm has a market cap of $195.51 billion, a price-to-earnings ratio of 8.42, a price-to-earnings-growth ratio of 1.02 and a beta of 0.60.Toyota Motor (NYSE:TM – Get Rating) last issued its earnings results on Thursday, August 4th. The company reported $4.14 earnings per share for the quarter, topping analysts' consensus estimates of $3.77 by $0.37. Toyota Motor had a return on equity of 9.98% and a net margin of 8.42%. The business had revenue of $65.54 billion during the quarter, compared to analyst estimates of $63.65 billion. On average, analysts expect that Toyota Motor Co. will post 16.19 earnings per share for the current year.
Toyota Motor Company Profile
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Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names.
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