Gradient Investments LLC Raises Stock Position in Toyota Motor Co. (NYSE:TM)

Gradient Investments LLC lifted its stake in Toyota Motor Co. (NYSE:TM) by 34.8% in the 4th quarter, HoldingsChannel reports. The firm owned 2,663 shares of the company’s stock after buying an additional 688 shares during the quarter. Gradient Investments LLC’s holdings in Toyota Motor were worth $518,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Stratos Wealth Advisors LLC lifted its holdings in Toyota Motor by 3.8% in the third quarter. Stratos Wealth Advisors LLC now owns 1,759 shares of the company’s stock worth $314,000 after buying an additional 65 shares during the period. Abel Hall LLC lifted its stake in shares of Toyota Motor by 5.6% in the 3rd quarter. Abel Hall LLC now owns 1,274 shares of the company’s stock valued at $227,000 after purchasing an additional 67 shares during the period. Avior Wealth Management LLC boosted its position in shares of Toyota Motor by 4.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,662 shares of the company’s stock valued at $324,000 after purchasing an additional 67 shares in the last quarter. Commerce Bank grew its stake in Toyota Motor by 2.3% in the third quarter. Commerce Bank now owns 3,214 shares of the company’s stock worth $574,000 after purchasing an additional 73 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its holdings in Toyota Motor by 3.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 2,462 shares of the company’s stock worth $440,000 after purchasing an additional 78 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Toyota Motor Stock Performance

Toyota Motor stock opened at $186.71 on Friday. The stock’s 50 day moving average is $181.45 and its 200 day moving average is $181.29. The company has a market capitalization of $251.58 billion, a P/E ratio of 8.87, a PEG ratio of 0.36 and a beta of 0.63. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing the consensus estimate of $4.39 by ($1.49). The company had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. On average, equities research analysts predict that Toyota Motor Co. will post 19.9 earnings per share for the current fiscal year.

About Toyota Motor

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.