Wetherby Asset Management Inc. Buys 395 Shares of Toyota Motor Corp (TM)

Wetherby Asset Management Inc. increased its stake in shares of Toyota Motor Corp (NYSE:TM) by 2.1% during the fourth quarter, HoldingsChannel reports. The firm owned 19,138 shares of the company’s stock after buying an additional 395 shares during the period. Wetherby Asset Management Inc.’s holdings in Toyota Motor were worth $2,434,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of TM. New York State Common Retirement Fund lifted its holdings in Toyota Motor by 23.9% during the 2nd quarter. New York State Common Retirement Fund now owns 18,990 shares of the company’s stock worth $1,994,000 after purchasing an additional 3,659 shares in the last quarter. FMR LLC increased its stake in Toyota Motor by 10.7% in the 2nd quarter. FMR LLC now owns 47,422 shares of the company’s stock worth $4,981,000 after acquiring an additional 4,592 shares during the last quarter. Ark Investment Management LLC increased its stake in Toyota Motor by 104.8% in the 2nd quarter. Ark Investment Management LLC now owns 6,852 shares of the company’s stock worth $720,000 after acquiring an additional 3,507 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Toyota Motor by 36.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,415 shares of the company’s stock worth $148,000 after acquiring an additional 379 shares during the last quarter. Finally, Boyd Watterson Asset Management LLC OH bought a new position in Toyota Motor in the 3rd quarter worth about $205,000. 0.78% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Corp (TM) opened at $136.20 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.90 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $200,098.36, a PE ratio of 11.69, a PEG ratio of 1.73 and a beta of 0.71. Toyota Motor Corp has a 1 year low of $103.62 and a 1 year high of $140.99.

A number of equities analysts have weighed in on the company. Zacks Investment Research lowered Toyota Motor from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 6th. Finally, ValuEngine upgraded Toyota Motor from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $125.74.

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About Toyota Motor

Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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Wetherby Asset Management Inc. Buys 395 Shares of Toyota Motor Corp (TM)

Wetherby Asset Management Inc. increased its stake in shares of Toyota Motor Corp (NYSE:TM) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,138 shares of the company’s stock after buying an additional 395 shares during the quarter. Wetherby Asset Management Inc.’s holdings in Toyota Motor were worth $2,434,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company grew its holdings in Toyota Motor by 36.6% during the second quarter. The Manufacturers Life Insurance Company now owns 1,415 shares of the company’s stock worth $148,000 after buying an additional 379 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its holdings in Toyota Motor by 1.6% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 26,481 shares of the company’s stock worth $3,158,000 after buying an additional 412 shares in the last quarter. Cetera Advisors LLC grew its stake in Toyota Motor by 27.4% in the 4th quarter. Cetera Advisors LLC now owns 2,265 shares of the company’s stock valued at $289,000 after purchasing an additional 487 shares during the period. Cetera Advisor Networks LLC grew its stake in Toyota Motor by 24.6% in the 4th quarter. Cetera Advisor Networks LLC now owns 2,813 shares of the company’s stock valued at $358,000 after purchasing an additional 555 shares during the period. Finally, Eqis Capital Management Inc. grew its stake in Toyota Motor by 5.6% in the 4th quarter. Eqis Capital Management Inc. now owns 10,537 shares of the company’s stock valued at $1,340,000 after purchasing an additional 562 shares during the period. Institutional investors and hedge funds own 0.78% of the company’s stock.

Toyota Motor Corp (TM) opened at $136.20 on Monday. Toyota Motor Corp has a 1 year low of $103.62 and a 1 year high of $140.99. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.90 and a current ratio of 1.04. The company has a market capitalization of $200,098.36, a price-to-earnings ratio of 11.69, a PEG ratio of 1.73 and a beta of 0.71.

A number of research analysts have issued reports on TM shares. Zacks Investment Research upgraded Toyota Motor from a “hold” rating to a “buy” rating and set a $141.00 price objective for the company in a research note on Wednesday, November 15th. ValuEngine raised Toyota Motor from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 7th. Finally, Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Toyota Motor presently has a consensus rating of “Hold” and a consensus target price of $125.74.

TRADEMARK VIOLATION NOTICE: “Wetherby Asset Management Inc. Buys 395 Shares of Toyota Motor Corp (TM)” was originally posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this piece on another site, it was illegally copied and republished in violation of United States and international copyright & trademark law. The correct version of this piece can be viewed at https://www.thelincolnianonline.com/2018/02/19/wetherby-asset-management-inc-buys-395-shares-of-toyota-motor-corp-tm.html.

Toyota Motor Profile

Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.

Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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