Toyota Motor Corporation (NYSE:TM) Shares Bought by Traveka Wealth LLC

Traveka Wealth LLC boosted its stake in shares of Toyota Motor Corporation (NYSE:TM) by 3.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,011 shares of the company’s stock after purchasing an additional 68 shares during the quarter. Traveka Wealth LLC’s holdings in Toyota Motor were worth $355,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Trust Co. NA raised its stake in Toyota Motor by 143.9% during the 1st quarter. Private Trust Co. NA now owns 139 shares of the company’s stock valued at $25,000 after acquiring an additional 82 shares in the last quarter. Wood Tarver Financial Group LLC bought a new stake in Toyota Motor during the 4th quarter valued at $29,000. Parvin Asset Management LLC bought a new stake in Toyota Motor during the 4th quarter valued at $32,000. Wayfinding Financial LLC bought a new stake in Toyota Motor during the 1st quarter valued at $41,000. Finally, ORG Wealth Partners LLC bought a new stake in Toyota Motor during the 1st quarter valued at $47,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on TM shares. Sanford C. Bernstein started coverage on Toyota Motor in a research note on Monday, April 14th. They set a “market perform” rating on the stock. DZ Bank downgraded Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, May 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Toyota Motor presently has an average rating of “Hold”.

Toyota Motor Stock Up 1.6%

TM opened at $174.80 on Friday. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $208.86. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.10 and a current ratio of 1.26. The stock’s fifty day moving average is $183.02 and its 200-day moving average is $183.19. The company has a market capitalization of $235.53 billion, a PE ratio of 7.73 and a beta of 0.61.

Toyota Motor (NYSE:TM) last announced its earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.92 by $0.47. The company had revenue of $81.09 billion for the quarter, compared to analyst estimates of $78.47 billion. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. On average, equities analysts predict that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Toyota Motor Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.