Toyota Motor (NYSE:TM) Rating Increased to Outperform at Macquarie

Macquarie upgraded shares of Toyota Motor (NYSE:TM) from a neutral rating to an outperform rating in a research report sent to investors on Tuesday, MarketBeat.com reports.

Separately, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor Price Performance

Toyota Motor stock opened at $190.54 on Tuesday. Toyota Motor has a 12 month low of $159.04 and a 12 month high of $255.23. The stock’s 50 day moving average is $183.77 and its 200-day moving average is $180.26. 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 market capitalization of $256.73 billion, a price-to-earnings ratio of 9.05, a PEG ratio of 0.36 and a beta of 0.63.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. Equities research analysts expect that Toyota Motor will post 19.76 EPS for the current year.

Institutional Investors Weigh In On Toyota Motor

A number of large investors have recently added to or reduced their stakes in TM. Squarepoint Ops LLC acquired a new stake in Toyota Motor during the second quarter worth approximately $753,000. AQR Capital Management LLC grew its position in Toyota Motor by 88.3% during the second quarter. AQR Capital Management LLC now owns 3,619 shares of the company’s stock worth $742,000 after buying an additional 1,697 shares in the last quarter. Truist Financial Corp lifted its stake in Toyota Motor by 6.5% during the second quarter. Truist Financial Corp now owns 9,019 shares of the company’s stock worth $1,849,000 after purchasing an additional 550 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Toyota Motor during the second quarter worth $1,880,000. Finally, Dynamic Advisor Solutions LLC lifted its stake in Toyota Motor by 9.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 4,951 shares of the company’s stock worth $884,000 after purchasing an additional 431 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

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.