US Bancorp DE grew its position in Toyota Motor Co. (NYSE:TM – Free Report) by 13.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,693 shares of the company’s stock after acquiring an additional 5,911 shares during the quarter. US Bancorp DE’s holdings in Toyota Motor were worth $6,899,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Syverson Strege & Co acquired a new stake in shares of Toyota Motor in the first quarter valued at approximately $31,000. Private Trust Co. NA increased its holdings in shares of Toyota Motor by 98.5% in the first quarter. Private Trust Co. NA now owns 262 shares of the company’s stock valued at $37,000 after purchasing an additional 130 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in shares of Toyota Motor in the fourth quarter valued at approximately $39,000. ICA Group Wealth Management LLC acquired a new stake in shares of Toyota Motor in the fourth quarter valued at approximately $41,000. Finally, U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Toyota Motor in the fourth quarter valued at approximately $43,000.
Toyota Motor Trading Down 0.8 %
Shares of NYSE TM opened at $165.39 on Wednesday. Toyota Motor Co. has a twelve month low of $130.07 and a twelve month high of $175.37. The company has a current ratio of 1.11, a quick ratio of 0.93 and a debt-to-equity ratio of 0.58. The stock has a fifty day simple moving average of $162.07 and a 200-day simple moving average of $147.42. The stock has a market capitalization of $224.07 billion, a PE ratio of 10.21, a PEG ratio of 0.54 and a beta of 0.67.
Wall Street Analysts Forecast Growth
TM has been the subject of several recent research reports. StockNews.com raised Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, May 12th. Citigroup raised Toyota Motor from a “neutral” rating to a “buy” rating in a research note on Thursday, June 29th. Finally, Morgan Stanley cut Toyota Motor from an “overweight” rating to an “equal weight” rating in a research note on Monday, July 10th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Toyota Motor has an average rating of “Moderate Buy”.
View Our Latest Stock Report on TM
Toyota Motor Company Profile
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names.
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