Allspring Global Investments Holdings LLC Has $1.04 Million Position in Toyota Motor Co. (NYSE:TM)

Allspring Global Investments Holdings LLC raised its stake in shares of Toyota Motor Co. (NYSE:TM) by 35.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,798 shares of the company’s stock after acquiring an additional 1,509 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Toyota Motor were worth $1,035,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its stake in shares of Toyota Motor by 13.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,267 shares of the company’s stock valued at $1,074,000 after buying an additional 502 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Toyota Motor by 15.5% during the first quarter. Private Advisor Group LLC now owns 5,113 shares of the company’s stock valued at $1,287,000 after acquiring an additional 685 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Toyota Motor by 3.5% in the first quarter. Sequoia Financial Advisors LLC now owns 7,944 shares of the company’s stock valued at $1,999,000 after acquiring an additional 266 shares during the last quarter. Mission Wealth Management LP increased its position in Toyota Motor by 11.0% in the first quarter. Mission Wealth Management LP now owns 2,263 shares of the company’s stock worth $570,000 after purchasing an additional 224 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in Toyota Motor by 20.9% during the 1st quarter. BNP Paribas Financial Markets now owns 26,435 shares of the company’s stock worth $6,653,000 after purchasing an additional 4,573 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Down 1.2 %

Shares of NYSE TM opened at $173.02 on Friday. The firm’s 50-day moving average is $178.28 and its 200-day moving average is $196.33. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.60. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23. The firm has a market capitalization of $233.13 billion, a PE ratio of 7.01, a price-to-earnings-growth ratio of 0.30 and a beta of 0.68.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.01 by $2.34. The business had revenue of $75.94 billion for the quarter, compared to analyst estimates of $72.48 billion. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. During the same period last year, the company earned $7.05 EPS. Equities analysts expect that Toyota Motor Co. will post 21.7 EPS for the current year.

About Toyota Motor

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.