Toyota Motor (NYSE:TM) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Toyota Motor (NYSE:TM – Get Rating) in a research note released on Thursday. The firm issued a hold rating on the stock.

Separately, TheStreet raised Toyota Motor from a c+ rating to a b rating in a research report on Monday, February 13th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Hold and an average price target of $1,239.71.

Toyota Motor Trading Down 1.8 %

Shares of Toyota Motor stock opened at $133.48 on Thursday. The stock’s fifty day moving average is $141.43 and its two-hundred day moving average is $140.33. The company has a quick ratio of 0.91, a current ratio of 1.09 and a debt-to-equity ratio of 0.58. Toyota Motor has a 52 week low of $130.07 and a 52 week high of $186.00.

Hedge Funds Weigh In On Toyota Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in TM. Financial Management Professionals Inc. grew its position in shares of Toyota Motor by 141.0% during the 4th quarter. Financial Management Professionals Inc. now owns 241 shares of the company’s stock worth $33,000 after buying an additional 141 shares in the last quarter. Penserra Capital Management LLC bought a new position in shares of Toyota Motor during the 3rd quarter worth $34,000. CoreCap Advisors LLC bought a new position in shares of Toyota Motor during the 4th quarter worth $39,000. Adirondack Trust Co. boosted its position in Toyota Motor by 80.0% during the third quarter. Adirondack Trust Co. now owns 315 shares of the company’s stock valued at $41,000 after purchasing an additional 140 shares in the last quarter. Finally, ICA Group Wealth Management LLC bought a new stake in Toyota Motor during the fourth quarter valued at about $41,000.

Toyota Motor Company Profile

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Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories.