Toyota Motor (NYSE:TM) Upgraded to “Hold” at StockNews.com

Toyota Motor (NYSE:TM) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

Toyota Motor Price Performance

NYSE:TM opened at $192.46 on Tuesday. Toyota Motor has a 12 month low of $159.04 and a 12 month high of $255.23. The firm has a market cap of $259.32 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 0.31 and a beta of 0.63. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The company’s 50-day moving average price is $178.80 and its two-hundred day moving average price is $182.78.

Toyota Motor (NYSE:TM) last announced its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The company had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. On average, equities analysts anticipate that Toyota Motor will post 21.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Stifel Financial Corp boosted its holdings in shares of Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock valued at $55,632,000 after buying an additional 21,092 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after buying an additional 160,720 shares during the period. Atom Investors LP acquired a new position in shares of Toyota Motor in the third quarter valued at approximately $841,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Toyota Motor in the third quarter valued at approximately $664,000. Finally, Moran Wealth Management LLC boosted its holdings in Toyota Motor by 62.4% during the third quarter. Moran Wealth Management LLC now owns 27,433 shares of the company’s stock worth $4,899,000 after purchasing an additional 10,545 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

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.