Farther Finance Advisors LLC Acquires 148 Shares of Toyota Motor Co. (NYSE:TM)

Farther Finance Advisors LLC lifted its holdings in shares of Toyota Motor Co. (NYSE:TM) by 14.8% during the fourth quarter, HoldingsChannel reports. The firm owned 1,149 shares of the company’s stock after purchasing an additional 148 shares during the quarter. Farther Finance Advisors LLC’s holdings in Toyota Motor were worth $224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in TM. EverSource Wealth Advisors LLC raised its stake in Toyota Motor by 72.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,654 shares of the company’s stock valued at $322,000 after acquiring an additional 695 shares during the period. Sequoia Financial Advisors LLC raised its stake in Toyota Motor by 10.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 8,837 shares of the company’s stock valued at $1,720,000 after acquiring an additional 861 shares during the period. PFG Advisors raised its stake in Toyota Motor by 6.1% in the 4th quarter. PFG Advisors now owns 2,599 shares of the company’s stock valued at $506,000 after acquiring an additional 149 shares during the period. Johnson Investment Counsel Inc. raised its stake in Toyota Motor by 3.6% in the 4th quarter. Johnson Investment Counsel Inc. now owns 2,757 shares of the company’s stock valued at $536,000 after acquiring an additional 97 shares during the period. Finally, Dorsey & Whitney Trust CO LLC raised its stake in Toyota Motor by 3.9% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 6,575 shares of the company’s stock valued at $1,280,000 after acquiring an additional 248 shares during the period. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Trading Up 1.5 %

Shares of TM opened at $193.12 on Thursday. The business’s 50-day moving average price is $185.26 and its 200-day moving average price is $180.61. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The stock has a market cap of $260.21 billion, a PE ratio of 7.97, a P/E/G ratio of 0.35 and a beta of 0.63. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64.

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

Analyst Upgrades and Downgrades

TM has been the topic of a number of research reports. CLSA cut Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. Finally, StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor 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.