Toyota Motor Corporation $TM Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its holdings in Toyota Motor Corporation (NYSE:TM) by 40.9% in the 1st quarter, HoldingsChannel reports. The firm owned 14,666 shares of the company’s stock after purchasing an additional 4,254 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Toyota Motor were worth $3,022,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Highline Wealth Partners LLC lifted its holdings in Toyota Motor by 92.4% in the fourth quarter. Highline Wealth Partners LLC now owns 152 shares of the company’s stock worth $33,000 after purchasing an additional 73 shares during the period. Cornerstone Planning Group LLC increased its stake in Toyota Motor by 37.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock valued at $38,000 after buying an additional 48 shares during the period. Larson Financial Group LLC raised its position in shares of Toyota Motor by 302.1% during the 4th quarter. Larson Financial Group LLC now owns 189 shares of the company’s stock worth $40,000 after buying an additional 142 shares in the last quarter. Activest Wealth Management raised its position in shares of Toyota Motor by 10,000.0% during the 4th quarter. Activest Wealth Management now owns 202 shares of the company’s stock worth $43,000 after buying an additional 200 shares in the last quarter. Finally, Palisade Asset Management LLC acquired a new stake in shares of Toyota Motor in the 3rd quarter worth approximately $49,000. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Stock Down 1.0%

NYSE TM opened at $174.68 on Tuesday. Toyota Motor Corporation has a 12 month low of $166.10 and a 12 month high of $248.90. The company has a market capitalization of $227.66 billion, a P/E ratio of 8.92 and a beta of 0.58. The company’s 50 day simple moving average is $180.14 and its 200 day simple moving average is $206.27. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.12.

Toyota Motor (NYSE:TM) last issued its 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 during the quarter. Toyota Motor had a net margin of 7.59% and a return on equity of 9.74%. Equities research analysts expect that Toyota Motor Corporation will post 20.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TM has been the topic of a number of research analyst reports. Freedom Capital upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Erste Group Bank lowered Toyota Motor from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Morgan Stanley assumed coverage on Toyota Motor in a research report on Friday, May 1st. They set an “equal weight” rating on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research note on Monday, April 20th. Finally, Zacks Research lowered Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $290.00.

Toyota Motor Company 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.