Toyota Motor Co. (NYSE:TM) shares purchased by Avantax Advisory Services Inc.


Avantax Advisory Services Inc. increased its position in shares of Toyota Motor Co. (NYSE:TM – Get Rating) by 25.6% in Q1, reports HoldingsChannel.com. The company held 1,909 shares of the company after acquiring 389 additional shares during the period. Avantax Advisory Services Inc.’s holdings in Toyota Motor were worth $342,000 at the end of the most recent period.

Other hedge funds and other institutional investors have also been buying and selling shares of the company recently. Byrne Asset Management LLC acquired a new position in Toyota Motor during the fourth quarter worth $26,000. Exane Derivatives acquired a new position in Toyota Motor during the first quarter worth $38,000. Channing Global Advisors LLC acquired a new position in shares of Toyota Motor in the fourth quarter worth $44,000. Retirement Planning Co of New England Inc. acquired a new stock position in Toyota Motor in the fourth quarter worth $46,000. Finally, Andrew Hill Investment Advisors Inc. acquired a new position in shares of Toyota Motor in the fourth quarter worth $48,000. 1.20% of the shares are held by institutional investors and hedge funds.

Toyota Engine Stock Performance

Toyota Motor stock opened Wednesday at $160.42. The company has a market capitalization of $224.26 billion, a P/E ratio of 8.75, a PEG ratio of 1.01 and a beta of 0.51. The stock has a fifty-day moving average price of $159.10 and a 200-day moving average price of $174.32. Toyota Motor Co. has a 52 week minimum of $152.14 and a 52 week maximum of $213.74. The company has a current ratio of 1.09, a quick ratio of 0.91 and a debt ratio of 0.56.

Toyota Motor (NYSE:TM – Get Rating) last released its results on Wednesday, May 11. The company reported EPS of $3.34 for the quarter, beating the consensus estimate of $2.40 by $0.94. The company posted revenue of $69.82 billion in the quarter, versus analyst estimates of $68.20 billion. Toyota Motor had a return on equity of 10.96% and a net margin of 9.11%. Equity research analysts expect Toyota Motor Co. to post earnings per share of 17.3 for the current year.

Wall Street analysts predict growth

A number of stock analysts have weighed in on the company recently. Jefferies Financial Group raised its price target on Toyota Motor from $177.49 to $179.41 and gave the stock a “holding” rating in a Thursday, July 7 report. UBS Group reduced its price target on Toyota Motor from 2,500.00 to 2,300.00 in a report on Wednesday July 13. StockNews.com picked up coverage from Toyota Motor in a Thursday, March 31 report. They issued a “maintaining” rating for the company. JPMorgan Chase & Co. upgraded Toyota Motor from a “neutral” rating to an “overweight” rating in a Tuesday, May 31 report. Finally, Macquarie downgraded Toyota Motor from an “outperforming” rating to a “neutral” rating in a Friday July 15 research note. Three research analysts gave the stock a hold rating and three gave the company a buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,239.71.

About Toyota Motor

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Toyota Motor Corporation designs, manufactures, assembles and sells passenger vehicles, minivans and utility vehicles, and related parts and accessories. It operates in automotive, financial services and all other segments. The company offers hybrid cars as Prius, fuel cell vehicles as MIRAI; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names.

See also

Want to see what other hedge funds hold TM? Visit HoldingsChannel.com for the latest 13F filings and insider trading for Toyota Motor Co. (NYSE:TM – Get Rating).

Institutional ownership by quarter for Toyota Motor (NYSE:TM)



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About Frances R. Smith

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