Vident Advisory LLC Boosts Holdings in Toyota Motor Co. (NYSE:TM)

Vident Advisory LLC grew its holdings in Toyota Motor Co. (NYSE:TM) by 6.1% in the 4th quarter, HoldingsChannel reports. The firm owned 23,010 shares of the company’s stock after purchasing an additional 1,318 shares during the quarter. Vident Advisory LLC’s holdings in Toyota Motor were worth $4,478,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Fisher Asset Management LLC raised its holdings in Toyota Motor by 1.9% in the fourth quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company’s stock valued at $1,341,254,000 after acquiring an additional 129,560 shares in the last quarter. Northern Trust Corp raised its holdings in Toyota Motor by 66.5% in the fourth quarter. Northern Trust Corp now owns 961,403 shares of the company’s stock valued at $187,099,000 after acquiring an additional 384,149 shares in the last quarter. FMR LLC raised its holdings in Toyota Motor by 14.3% in the fourth quarter. FMR LLC now owns 563,437 shares of the company’s stock valued at $109,651,000 after acquiring an additional 70,644 shares in the last quarter. SRB Corp raised its holdings in Toyota Motor by 2.0% in the fourth quarter. SRB Corp now owns 398,656 shares of the company’s stock valued at $77,582,000 after acquiring an additional 7,708 shares in the last quarter. Finally, Natixis Advisors LLC raised its holdings in Toyota Motor by 9.5% in the fourth quarter. Natixis Advisors LLC now owns 393,002 shares of the company’s stock valued at $76,482,000 after acquiring an additional 34,110 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Up 0.6%

TM stock opened at $186.35 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a twelve month low of $155.00 and a twelve month high of $220.44. The company’s 50 day moving average is $182.10 and its two-hundred day moving average is $181.97. The stock has a market cap of $251.09 billion, a P/E ratio of 7.69, a PEG ratio of 0.35 and a beta of 0.67.

Toyota Motor (NYSE:TM) last released its quarterly earnings data on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $0.47. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. The company had revenue of $81.09 billion for the quarter, compared to analysts’ expectations of $11,956.52 billion. Research analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on TM. DZ Bank cut shares of Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a report on Friday, May 9th. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. Sanford C. Bernstein assumed coverage on shares of Toyota Motor in a report on Monday, April 14th. They issued a “market perform” rating on the stock. Finally, CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

Toyota Motor Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.