Natixis Advisors LLC Buys 36,381 Shares of Toyota Motor Corporation $TM

Natixis Advisors LLC lifted its position in Toyota Motor Corporation (NYSE:TM) by 8.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 465,639 shares of the company’s stock after acquiring an additional 36,381 shares during the quarter. Natixis Advisors LLC’s holdings in Toyota Motor were worth $88,979,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Root Financial Partners LLC bought a new stake in Toyota Motor in the 3rd quarter worth about $26,000. Bangor Savings Bank grew its holdings in shares of Toyota Motor by 27.8% in the third quarter. Bangor Savings Bank now owns 267 shares of the company’s stock valued at $51,000 after acquiring an additional 58 shares in the last quarter. Richardson Financial Services Inc. grew its stake in Toyota Motor by 134.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 286 shares of the company’s stock valued at $55,000 after purchasing an additional 164 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Toyota Motor during the 2nd quarter valued at $53,000. Finally, Atlantic Union Bankshares Corp raised its stake in shares of Toyota Motor by 3,500.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 324 shares of the company’s stock worth $62,000 after purchasing an additional 315 shares during the period. 1.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on TM shares. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, January 21st. BNP Paribas Exane started coverage on shares of Toyota Motor in a research report on Thursday, February 12th. They issued an “outperform” rating and a $290.00 price objective on the stock. Wall Street Zen downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. DZ Bank raised shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a report on Monday, March 2nd. Finally, Zacks Research upgraded Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $290.00.

Toyota Motor Trading Down 1.1%

Shares of TM opened at $219.10 on Monday. Toyota Motor Corporation has a twelve month low of $155.00 and a twelve month high of $248.90. The stock has a market cap of $285.56 billion, a PE ratio of 11.55 and a beta of 0.60. The company has a quick ratio of 1.12, a current ratio of 1.26 and a debt-to-equity ratio of 0.63. The business’s 50-day moving average price is $230.66 and its 200-day moving average price is $211.43.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Friday, February 6th. The company reported $6.26 EPS for the quarter, beating the consensus estimate of $4.35 by $1.91. The company had revenue of $76.37 billion during the quarter, compared to analysts’ expectations of $82 billion. Toyota Motor had a net margin of 7.32% and a return on equity of 9.67%. On average, equities analysts forecast that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

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.