Sequoia Financial Advisors LLC Raises Holdings in Toyota Motor Co. (NYSE:TM)

Sequoia Financial Advisors LLC lifted its holdings in shares of Toyota Motor Co. (NYSE:TM) by 10.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 8,837 shares of the company’s stock after acquiring an additional 861 shares during the period. Sequoia Financial Advisors LLC’s holdings in Toyota Motor were worth $1,720,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of TM. Fisher Asset Management LLC grew its stake in shares of Toyota Motor by 2.4% during the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after acquiring an additional 160,720 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Toyota Motor in the fourth quarter valued at approximately $26,203,000. World Investment Advisors LLC purchased a new stake in Toyota Motor in the third quarter valued at approximately $14,911,000. Rockefeller Capital Management L.P. boosted its position in Toyota Motor by 373.5% in the third quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock valued at $9,939,000 after buying an additional 43,857 shares during the last quarter. Finally, Natixis Advisors LLC boosted its position in Toyota Motor by 10.5% in the third quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock valued at $64,087,000 after buying an additional 34,141 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Trading Up 2.0 %

Shares of NYSE:TM opened at $186.72 on Friday. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The company has a market capitalization of $251.58 billion, a PE ratio of 7.71, a PEG ratio of 0.35 and a beta of 0.63. The business has a 50 day moving average of $185.34 and a two-hundred day moving average of $180.60. The company has a current ratio of 1.21, a quick ratio of 1.06 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 (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. As a group, analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on TM. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th.

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.