Toyota Motor (NYSE:TM) Reaches New 12-Month High at $143.36

Toyota Motor Corp (NYSE:TM) shares hit a new 52-week high on Thursday . The stock traded as high as $143.36 and last traded at $142.81, with a volume of 1027 shares traded. The stock had previously closed at $140.37.

TM has been the topic of a number of analyst reports. Zacks Investment Research cut Toyota Motor from a “hold” rating to a “sell” rating and set a $140.00 target price on the stock. in a research report on Monday, September 9th. Morgan Stanley cut Toyota Motor from an “equal” rating to an “underweight” rating in a research report on Thursday, September 5th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $140.00.

The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $201.74 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 3.33 and a beta of 0.74. The stock has a 50-day moving average price of $136.50 and a 200 day moving average price of $128.82.

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Several large investors have recently bought and sold shares of TM. FMR LLC grew its position in shares of Toyota Motor by 1.4% during the 1st quarter. FMR LLC now owns 31,610 shares of the company’s stock valued at $3,731,000 after acquiring an additional 440 shares during the period. Capital Insight Partners LLC acquired a new stake in shares of Toyota Motor during the 2nd quarter valued at about $785,000. Heritage Investors Management Corp grew its position in shares of Toyota Motor by 0.3% during the 2nd quarter. Heritage Investors Management Corp now owns 59,810 shares of the company’s stock valued at $7,416,000 after acquiring an additional 185 shares during the period. Smith Salley & Associates purchased a new position in Toyota Motor in the 2nd quarter valued at about $212,000. Finally, Raymond James Trust N.A. lifted its stake in Toyota Motor by 28.5% in the 2nd quarter. Raymond James Trust N.A. now owns 3,693 shares of the company’s stock valued at $457,000 after buying an additional 819 shares in the last quarter. Hedge funds and other institutional investors own 0.82% of the company’s stock.

Toyota Motor Company Profile (NYSE:TM)

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates through Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius, Alphard, Vellfire, Sienta, RX-HV, Auris, Prius PHV, C-HR, LC, Camry, JPN TAXI, Avalon, Corolla HB, Crown, and Century names; fuel cell vehicles under the MIRAI and SORA names; and conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, Vitz, Aygo, Prius C, Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, and Yaris iA names.

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