Toyota Motor (NYSE:TM) Upgraded at StockNews.com

StockNews.com upgraded shares of Toyota Motor (NYSE:TM) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning.

Toyota Motor Stock Down 0.3 %

TM opened at $192.46 on Tuesday. Toyota Motor has a 12 month low of $159.04 and a 12 month high of $255.23. The company has a market cap of $259.32 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 0.31 and a beta of 0.63. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. The company has a 50 day moving average of $179.19 and a 200 day moving average of $182.85.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The company had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. On average, sell-side analysts expect that Toyota Motor will post 21.56 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Rhumbline Advisers raised its position in shares of Toyota Motor by 1.7% in the second quarter. Rhumbline Advisers now owns 16,776 shares of the company’s stock worth $3,439,000 after buying an additional 273 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Toyota Motor by 4.7% in the 2nd quarter. Private Advisor Group LLC now owns 5,353 shares of the company’s stock valued at $1,097,000 after acquiring an additional 240 shares in the last quarter. Asset Dedication LLC boosted its position in shares of Toyota Motor by 118.0% during the 2nd quarter. Asset Dedication LLC now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 118 shares during the last quarter. Caprock Group LLC grew its holdings in shares of Toyota Motor by 65.5% during the second quarter. Caprock Group LLC now owns 6,874 shares of the company’s stock worth $1,409,000 after purchasing an additional 2,721 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its position in shares of Toyota Motor by 4.5% in the second quarter. Ashton Thomas Private Wealth LLC now owns 1,419 shares of the company’s stock worth $291,000 after purchasing an additional 61 shares during the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Company 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.