Schechter Investment Advisors LLC decreased its holdings in shares of Toyota Motor Co. (NYSE:TM – Free Report) by 45.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,776 shares of the company’s stock after selling 1,489 shares during the period. Schechter Investment Advisors LLC’s holdings in Toyota Motor were worth $252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently made changes to their positions in TM. Private Trust Co. NA lifted its position in shares of Toyota Motor by 98.5% during the 1st quarter. Private Trust Co. NA now owns 262 shares of the company’s stock valued at $37,000 after buying an additional 130 shares in the last quarter. CoreCap Advisors LLC purchased a new position in shares of Toyota Motor during the 4th quarter valued at approximately $39,000. ICA Group Wealth Management LLC purchased a new position in shares of Toyota Motor during the 4th quarter valued at approximately $41,000. U.S. Capital Wealth Advisors LLC purchased a new position in Toyota Motor in the 4th quarter valued at $43,000. Finally, Channing Global Advisors LLC lifted its holdings in Toyota Motor by 98.8% in the 4th quarter. Channing Global Advisors LLC now owns 332 shares of the company’s stock valued at $45,000 after purchasing an additional 165 shares in the last quarter.
Toyota Motor Trading Down 0.4 %
NYSE TM opened at $163.28 on Friday. Toyota Motor Co. has a 52 week low of $130.07 and a 52 week high of $169.07. The company has a current ratio of 1.10, a quick ratio of 0.93 and a debt-to-equity ratio of 0.58. The business’s fifty day simple moving average is $152.58 and its 200-day simple moving average is $144.10.
Analyst Ratings Changes
A number of research analysts have weighed in on TM shares. Morgan Stanley lowered Toyota Motor from an “overweight” rating to an “equal weight” rating in a report on Monday, July 10th. Citigroup upgraded Toyota Motor from a “neutral” rating to a “buy” rating in a report on Thursday, June 29th. Finally, StockNews.com upgraded Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, May 12th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Toyota Motor currently has a consensus rating of “Moderate Buy”.
Toyota Motor Profile
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names.
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