Toyota Motor Corporation $TM Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in shares of Toyota Motor Corporation (NYSE:TM) by 31.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,030 shares of the company’s stock after purchasing an additional 6,153 shares during the period. Vise Technologies Inc.’s holdings in Toyota Motor were worth $4,766,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Summit Global Investments acquired a new stake in Toyota Motor during the 3rd quarter worth approximately $661,000. MGO One Seven LLC grew its holdings in Toyota Motor by 20.9% during the 3rd quarter. MGO One Seven LLC now owns 2,219 shares of the company’s stock worth $406,000 after acquiring an additional 384 shares during the last quarter. Aprio Wealth Management LLC increased its position in Toyota Motor by 21.9% in the 3rd quarter. Aprio Wealth Management LLC now owns 1,521 shares of the company’s stock valued at $278,000 after acquiring an additional 273 shares during the period. Canopy Partners LLC acquired a new position in Toyota Motor in the 3rd quarter valued at approximately $266,000. Finally, Glenview Trust Co acquired a new position in Toyota Motor in the 3rd quarter valued at approximately $249,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Ratings Changes

TM has been the topic of a number of recent research reports. Zacks Research upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 29th. Weiss Ratings raised shares of Toyota Motor from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Finally, Erste Group Bank upgraded Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Four investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Toyota Motor presently has an average rating of “Buy” and a consensus price target of $290.00.

Toyota Motor Stock Performance

NYSE:TM opened at $193.16 on Wednesday. The company has a market capitalization of $251.75 billion, a PE ratio of 8.63, a P/E/G ratio of 1.24 and a beta of 0.62. The company has a 50 day simple moving average of $192.09 and a two-hundred day simple moving average of $198.84. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.00 and a current ratio of 1.17. Toyota Motor Corporation has a fifty-two week low of $166.10 and a fifty-two week high of $248.90.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share (EPS) for the quarter. The firm had revenue of $83.16 billion for the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%. Research analysts anticipate that Toyota Motor Corporation will post 21.17 earnings per share for the current year.

About Toyota Motor

Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger vehicles, commercial vehicles and related mobility products under the Toyota and Lexus brands. It also produces vehicles through the Hino and Daihatsu businesses.

Toyota’s product portfolio includes cars, trucks, sport utility vehicles, minivans and buses, along with hybrid-electric, battery-electric and hydrogen fuel-cell vehicles.