Toyota Motor Corporation $TM Shares Bought by Advisors Preferred LLC

Advisors Preferred LLC boosted its holdings in shares of Toyota Motor Corporation (NYSE:TM) by 660.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,432 shares of the company’s stock after buying an additional 6,455 shares during the period. Advisors Preferred LLC’s holdings in Toyota Motor were worth $1,532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the business. Highline Wealth Partners LLC boosted its stake in Toyota Motor by 92.4% in the 4th quarter. Highline Wealth Partners LLC now owns 152 shares of the company’s stock worth $33,000 after purchasing an additional 73 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Toyota Motor during the 1st quarter valued at approximately $33,000. Cornerstone Planning Group LLC raised its holdings in shares of Toyota Motor by 37.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock worth $38,000 after buying an additional 48 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Toyota Motor by 302.1% in the fourth quarter. Larson Financial Group LLC now owns 189 shares of the company’s stock worth $40,000 after buying an additional 142 shares during the last quarter. Finally, Activest Wealth Management lifted its stake in shares of Toyota Motor by 10,000.0% during the fourth quarter. Activest Wealth Management now owns 202 shares of the company’s stock worth $43,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on TM shares. Morgan Stanley began coverage on Toyota Motor in a research note on Friday, May 1st. They set an “equal weight” rating on the stock. Zacks Research cut Toyota Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Freedom Capital raised Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a research report on Monday, April 20th. Finally, Erste Group Bank downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $290.00.

Toyota Motor Stock Up 0.9%

Shares of TM stock opened at $176.27 on Wednesday. Toyota Motor Corporation has a twelve month low of $166.10 and a twelve month high of $248.90. The stock has a market cap of $229.74 billion, a P/E ratio of 9.00 and a beta of 0.58. The stock has a 50 day moving average of $179.87 and a 200 day moving average of $206.01. The company has a current ratio of 1.27, a quick ratio of 1.12 and a debt-to-equity ratio of 0.62.

Toyota Motor (NYSE:TM) last released its quarterly earnings data on Tuesday, March 31st. The company reported $3.80 EPS for the quarter. The business had revenue of $76.81 billion for the quarter. Toyota Motor had a return on equity of 9.74% and a net margin of 7.59%. As a group, sell-side analysts expect that Toyota Motor Corporation will post 20.93 EPS for the current year.

Toyota Motor 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.