US Bancorp DE cut its stake in shares of Toyota Motor Corp Ltd Ord (NYSE:TM) by 6.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,786 shares of the company’s stock after selling 4,243 shares during the period. US Bancorp DE’s holdings in Toyota Motor Corp Ltd Ord were worth $6,069,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Exane Derivatives boosted its position in Toyota Motor Corp Ltd Ord by 147,900.0% in the first quarter. Exane Derivatives now owns 1,480 shares of the company’s stock worth $161,000 after buying an additional 1,479 shares during the last quarter. Americafirst Capital Management LLC bought a new position in Toyota Motor Corp Ltd Ord during the first quarter worth approximately $174,000. Proficio Capital Partners LLC boosted its position in Toyota Motor Corp Ltd Ord by 76.8% in the first quarter. Proficio Capital Partners LLC now owns 1,710 shares of the company’s stock worth $184,000 after buying an additional 743 shares during the last quarter. Westside Investment Management Inc. boosted its position in Toyota Motor Corp Ltd Ord by 343.9% in the first quarter. Westside Investment Management Inc. now owns 1,900 shares of the company’s stock worth $202,000 after buying an additional 1,472 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its position in Toyota Motor Corp Ltd Ord by 7.7% in the first quarter. Quadrant Capital Group LLC now owns 1,957 shares of the company’s stock worth $203,000 after buying an additional 140 shares during the last quarter. 0.92% of the stock is currently owned by institutional investors and hedge funds.
Toyota Motor Corp Ltd Ord (TM) traded up 0.81% during trading on Friday, reaching $113.64. 150,429 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $108.00 and a 200-day moving average of $110.03. The stock has a market capitalization of $169.02 billion, a PE ratio of 10.61 and a beta of 0.62. Toyota Motor Corp Ltd Ord has a 52 week low of $103.62 and a 52 week high of $123.18.
Toyota Motor Corp Ltd Ord (NYSE:TM) last issued its quarterly earnings results on Wednesday, May 10th. The company reported $2.32 earnings per share for the quarter, missing analysts’ consensus estimates of $119.46 by $117.14. Toyota Motor Corp Ltd Ord had a net margin of 6.64% and a return on equity of 10.29%. The business had revenue of $7,442.47 billion for the quarter, compared to analysts’ expectations of $6,993.26 billion. During the same quarter in the prior year, the firm posted $38.38 EPS. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. On average, equities research analysts anticipate that Toyota Motor Corp Ltd Ord will post $10.61 EPS for the current year.
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TM has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Toyota Motor Corp Ltd Ord from a “hold” rating to a “buy” rating and set a $118.00 target price on the stock in a report on Friday, June 23rd. TheStreet upgraded shares of Toyota Motor Corp Ltd Ord from a “c+” rating to a “b” rating in a report on Wednesday, May 10th. BidaskClub raised shares of Toyota Motor Corp Ltd Ord from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Bank of America Corporation lowered shares of Toyota Motor Corp Ltd Ord from a “neutral” rating to an “underperform” rating and set a $108.22 price target for the company. in a research report on Tuesday, July 11th. Finally, Daiwa Capital Markets lowered shares of Toyota Motor Corp Ltd Ord from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 28th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $115.07.
About Toyota Motor Corp Ltd Ord
Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.
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