Toyota Motor (NYSE:TM) Stock Rating Lowered by CLSA

CLSA cut shares of Toyota Motor (NYSE:TM) from an outperform rating to a hold rating in a report published on Wednesday morning, Marketbeat.com reports.

Several other research analysts have also recently weighed in on TM. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

Toyota Motor Price Performance

Shares of TM opened at $183.98 on Wednesday. The firm has a market capitalization of $247.90 billion, a price-to-earnings ratio of 8.74, a price-to-earnings-growth ratio of 0.36 and a beta of 0.63. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23. Toyota Motor has a one year low of $159.04 and a one year high of $255.23. The stock’s fifty day moving average is $184.19 and its 200-day moving average is $180.33.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. Equities analysts anticipate that Toyota Motor will post 19.76 EPS for the current year.

Hedge Funds Weigh In On Toyota Motor

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Stratos Wealth Advisors LLC boosted its position in shares of Toyota Motor by 3.8% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 1,759 shares of the company’s stock valued at $314,000 after purchasing an additional 65 shares during the period. Abel Hall LLC boosted its position in shares of Toyota Motor by 5.6% in the 3rd quarter. Abel Hall LLC now owns 1,274 shares of the company’s stock valued at $227,000 after purchasing an additional 67 shares during the period. Avior Wealth Management LLC boosted its position in shares of Toyota Motor by 4.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,662 shares of the company’s stock valued at $324,000 after purchasing an additional 67 shares during the period. Commerce Bank boosted its position in shares of Toyota Motor by 2.3% in the 3rd quarter. Commerce Bank now owns 3,214 shares of the company’s stock valued at $574,000 after purchasing an additional 73 shares during the period. Finally, Prime Capital Investment Advisors LLC boosted its position in shares of Toyota Motor by 3.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,462 shares of the company’s stock valued at $440,000 after purchasing an additional 78 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

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.