Toyota Motor Co. (NYSE:TM) Shares Acquired by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. increased its position in shares of Toyota Motor Co. (NYSE:TM) by 6.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,840 shares of the company’s stock after purchasing an additional 228 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Toyota Motor were worth $787,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Captrust Financial Advisors lifted its position in shares of Toyota Motor by 109.1% in the 1st quarter. Captrust Financial Advisors now owns 437,732 shares of the company’s stock worth $110,168,000 after buying an additional 228,434 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Toyota Motor by 2.8% in the fourth quarter. Fisher Asset Management LLC now owns 6,210,385 shares of the company’s stock valued at $1,138,861,000 after acquiring an additional 169,627 shares during the period. HITE Hedge Asset Management LLC grew its holdings in shares of Toyota Motor by 1,415.4% during the second quarter. HITE Hedge Asset Management LLC now owns 119,184 shares of the company’s stock valued at $24,429,000 after purchasing an additional 111,319 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Toyota Motor during the 2nd quarter worth approximately $16,603,000. Finally, 1832 Asset Management L.P. bought a new stake in shares of Toyota Motor in the 4th quarter worth approximately $8,931,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Erste Group Bank restated a “hold” rating on shares of Toyota Motor in a research note on Friday, June 14th.

Toyota Motor Stock Up 2.1 %

TM stock opened at $179.93 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.18 and a quick ratio of 1.02. The firm has a market cap of $242.43 billion, a PE ratio of 7.09, a P/E/G ratio of 0.33 and a beta of 0.68. The firm has a 50 day simple moving average of $180.24 and a 200 day simple moving average of $206.05. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data on Thursday, August 1st. The company reported $6.35 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $2.34. The firm had revenue of $75.94 billion during 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 posted $7.05 EPS. Equities research analysts forecast that Toyota Motor Co. will post 20.49 earnings per share for the current fiscal year.

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.