Avantax Advisory Services Inc. Grows Stake in Toyota Motor Co. (NYSE:TM)

Avantax Advisory Services Inc. grew its holdings in shares of Toyota Motor Co. (NYSE:TM) by 65.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,546 shares of the company’s stock after buying an additional 7,748 shares during the period. Avantax Advisory Services Inc.’s holdings in Toyota Motor were worth $3,804,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sigma Planning Corp bought a new position in Toyota Motor in the 3rd quarter worth $395,000. Prime Capital Investment Advisors LLC lifted 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 buying an additional 78 shares during the period. Meridian Investment Counsel Inc. boosted its position in Toyota Motor by 96.7% during the 3rd quarter. Meridian Investment Counsel Inc. now owns 7,130 shares of the company’s stock valued at $1,273,000 after acquiring an additional 3,505 shares in the last quarter. Natixis Advisors LLC grew its holdings in shares of Toyota Motor by 10.5% during the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after acquiring an additional 34,141 shares during the period. Finally, West Family Investments Inc. raised its position in shares of Toyota Motor by 47.2% in the 3rd quarter. West Family Investments Inc. now owns 3,509 shares of the company’s stock worth $627,000 after acquiring an additional 1,125 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. CLSA lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, 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 Up 2.0 %

Shares of NYSE:TM opened at $186.72 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The stock has a fifty day simple moving average of $185.34 and a two-hundred day simple moving average of $180.56. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The stock has a market capitalization of $251.58 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. On average, research analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

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.