Toyota Motor (NYSE:TM) Coverage Initiated by Analysts at Sanford C. Bernstein

Analysts at Sanford C. Bernstein initiated coverage on shares of Toyota Motor (NYSE:TM) in a research note issued on Monday, MarketBeat Ratings reports. The brokerage set a “market perform” rating on the stock.

Several other analysts have also recently commented on TM. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Finally, CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Toyota Motor Stock Performance

Shares of TM opened at $174.25 on Monday. The company has a market capitalization of $234.78 billion, a price-to-earnings ratio of 7.19, a PEG ratio of 0.35 and a beta of 0.64. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. Toyota Motor has a 1 year low of $155.00 and a 1 year high of $237.37. The company’s 50 day simple moving average is $180.68 and its 200 day simple moving average is $179.84.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping 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%. On average, sell-side analysts predict that Toyota Motor will post 19.76 EPS for the current year.

Hedge Funds Weigh In On Toyota Motor

A number of large investors have recently modified their holdings of the company. Avior Wealth Management LLC increased its position in Toyota Motor by 4.2% during the 4th quarter. Avior Wealth Management LLC now owns 1,662 shares of the company’s stock worth $324,000 after purchasing an additional 67 shares in the last quarter. Bleakley Financial Group LLC grew its stake in Toyota Motor by 3.3% during the fourth quarter. Bleakley Financial Group LLC now owns 2,441 shares of the company’s stock worth $475,000 after buying an additional 79 shares during the period. Quadrant Capital Group LLC increased its position in shares of Toyota Motor by 0.8% in the fourth quarter. Quadrant Capital Group LLC now owns 9,517 shares of the company’s stock worth $1,852,000 after acquiring an additional 80 shares in the last quarter. Trust Co. of Vermont raised its stake in shares of Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after acquiring an additional 85 shares during the period. Finally, Gradient Investments LLC lifted its holdings in shares of Toyota Motor by 3.2% during the 1st quarter. Gradient Investments LLC now owns 2,748 shares of the company’s stock valued at $485,000 after acquiring an additional 85 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

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.