JFS Wealth Advisors LLC decreased its stake in Toyota Motor Corporation (NYSE:TM – Free Report) by 47.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 241 shares of the company’s stock after selling 214 shares during the period. JFS Wealth Advisors LLC’s holdings in Toyota Motor were worth $42,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Trust Co. NA boosted its position in Toyota Motor by 143.9% during the first quarter. Private Trust Co. NA now owns 139 shares of the company’s stock valued at $25,000 after acquiring an additional 82 shares during the last quarter. AlphaCore Capital LLC bought a new position in shares of Toyota Motor in the 1st quarter worth $37,000. Wayfinding Financial LLC bought a new stake in shares of Toyota Motor during the first quarter worth about $41,000. ORG Wealth Partners LLC acquired a new stake in shares of Toyota Motor in the 1st quarter worth about $47,000. Finally, Headlands Technologies LLC bought a new position in Toyota Motor in the 1st quarter valued at about $47,000. Institutional investors and hedge funds own 1.48% of the company’s stock.
Toyota Motor Stock Down 3.7%
TM stock opened at $185.21 on Monday. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $202.87. The stock has a fifty day moving average of $195.32 and a 200-day moving average of $184.78. The company has a market capitalization of $249.55 billion, a price-to-earnings ratio of 8.93 and a beta of 0.62. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.11 and a current ratio of 1.27.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the company. Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th. Sanford C. Bernstein upgraded Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Toyota Motor presently has a consensus rating of “Hold”.
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.
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