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

Sequoia Financial Advisors LLC increased its stake in Toyota Motor Corporation (NYSE:TM) by 40.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,666 shares of the company’s stock after buying an additional 4,254 shares during the period. Sequoia Financial Advisors LLC’s holdings in Toyota Motor were worth $3,022,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TM. DeDora Capital Inc. increased its position in shares of Toyota Motor by 2.1% in the 4th quarter. DeDora Capital Inc. now owns 2,141 shares of the company’s stock worth $458,000 after purchasing an additional 45 shares during the last quarter. Rehmann Capital Advisory Group grew its stake in Toyota Motor by 3.2% in the fourth quarter. Rehmann Capital Advisory Group now owns 1,468 shares of the company’s stock worth $314,000 after purchasing an additional 45 shares in the last quarter. Independence Bank of Kentucky grew its stake in Toyota Motor by 18.4% in 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 increased its holdings in Toyota Motor by 37.8% in the fourth 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 last quarter. Finally, J2 Capital Management Inc raised its stake in Toyota Motor by 2.4% during the fourth quarter. J2 Capital Management Inc now owns 2,125 shares of the company’s stock valued at $455,000 after buying an additional 50 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Stock Down 1.0%

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

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $3.80 earnings per share for the quarter. The firm had revenue of $76.81 billion for the quarter. Toyota Motor had a net margin of 7.59% and a return on equity of 9.74%. As a group, equities analysts expect that Toyota Motor Corporation will post 20.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TM. Erste Group Bank downgraded Toyota Motor from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Zacks Research downgraded shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Morgan Stanley started coverage on shares of 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 report on Monday, April 20th. Finally, Freedom Capital upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $290.00.

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.