Toyota Motor (NYSE:TM) Stock Rating Upgraded by Macquarie

Toyota Motor (NYSE:TM) was upgraded by Macquarie from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, Marketbeat Ratings reports.

Separately, StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor Stock Performance

TM opened at $195.62 on Tuesday. The firm has a market capitalization of $263.59 billion, a PE ratio of 9.29, a PEG ratio of 0.36 and a beta of 0.63. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. Toyota Motor has a twelve month low of $159.04 and a twelve month high of $255.23. The firm’s 50-day moving average price is $183.25 and its 200 day moving average price is $180.15.

Toyota Motor (NYSE:TM) last posted 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 12.02% and a net margin of 9.17%. As a group, sell-side analysts expect that Toyota Motor will post 19.76 EPS for the current fiscal year.

Hedge Funds Weigh In On Toyota Motor

A number of hedge funds have recently modified their holdings of TM. Fisher Asset Management LLC boosted its stake in Toyota Motor by 1.9% during the fourth quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company’s stock worth $1,341,254,000 after buying an additional 129,560 shares during the period. International Assets Investment Management LLC boosted its position in shares of Toyota Motor by 34,303.6% during the 3rd quarter. International Assets Investment Management LLC now owns 417,660 shares of the company’s stock worth $74,582,000 after purchasing an additional 416,446 shares during the period. Natixis Advisors LLC increased its holdings in Toyota Motor by 10.5% in the 3rd 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 last quarter. Mediolanum International Funds Ltd purchased a new stake in Toyota Motor in the third quarter valued at approximately $58,660,000. Finally, Stifel Financial Corp raised its position in Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock valued at $55,632,000 after purchasing an additional 21,092 shares during the period. 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.