Whipplewood Advisors LLC decreased its position in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 13.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 446 shares of the company’s stock after selling 71 shares during the quarter. Whipplewood Advisors LLC’s holdings in Toyota Motor were worth $77,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of TM. Private Trust Co. NA boosted its holdings in shares of Toyota Motor by 143.9% during the first quarter. Private Trust Co. NA now owns 139 shares of the company’s stock valued at $25,000 after acquiring an additional 82 shares during the period. AlphaCore Capital LLC acquired a new position in shares of Toyota Motor during the first quarter valued at $37,000. Wayfinding Financial LLC acquired a new position in shares of Toyota Motor during the first quarter valued at $41,000. Headlands Technologies LLC acquired a new position in shares of Toyota Motor during the first quarter valued at $47,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of Toyota Motor by 56.3% during the first quarter. Caitong International Asset Management Co. Ltd now owns 272 shares of the company’s stock valued at $48,000 after acquiring an additional 98 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.
Toyota Motor Price Performance
Shares of NYSE TM opened at $205.52 on Monday. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $205.80. The firm’s 50-day simple moving average is $197.35 and its 200 day simple moving average is $186.85. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. The stock has a market cap of $276.92 billion, a P/E ratio of 9.91 and a beta of 0.62.
Analysts Set New Price Targets
Several brokerages have recently issued reports on TM. Sanford C. Bernstein raised shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Zacks Research upgraded shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research note on Friday. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
View Our Latest Research Report on TM
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.
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