EverSource Wealth Advisors LLC Raises Holdings in Toyota Motor Co. (NYSE:TM)

EverSource Wealth Advisors LLC raised its stake in Toyota Motor Co. (NYSE:TM) by 72.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,654 shares of the company’s stock after acquiring an additional 695 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Toyota Motor were worth $322,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Sigma Planning Corp acquired a new stake in Toyota Motor during the third quarter valued at $395,000. Prime Capital Investment Advisors LLC raised its holdings in Toyota Motor by 3.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,462 shares of the company’s stock worth $440,000 after purchasing an additional 78 shares during the period. Meridian Investment Counsel Inc. boosted its position in Toyota Motor by 96.7% during the third quarter. Meridian Investment Counsel Inc. now owns 7,130 shares of the company’s stock worth $1,273,000 after purchasing an additional 3,505 shares in the last quarter. Natixis Advisors LLC grew its holdings 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 purchasing an additional 34,141 shares during the period. Finally, West Family Investments Inc. raised its position in shares of Toyota Motor by 47.2% during the 3rd quarter. West Family Investments Inc. now owns 3,509 shares of the company’s stock worth $627,000 after purchasing an additional 1,125 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Toyota Motor stock opened at $186.72 on Friday. The stock has a market cap of $251.58 billion, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The firm has a 50 day simple moving average of $185.34 and a 200-day simple moving average of $180.56. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping 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, analysts expect that Toyota Motor Co. will post 19.76 EPS for the current year.

Analyst Upgrades and Downgrades

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