Independent Advisor Alliance Trims Stake in Toyota Motor Co. (NYSE:TM)

Independent Advisor Alliance decreased its holdings in Toyota Motor Co. (NYSE:TM) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,267 shares of the company’s stock after selling 72 shares during the period. Independent Advisor Alliance’s holdings in Toyota Motor were worth $636,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Stifel Financial Corp raised its stake in Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after buying an additional 21,092 shares in the last quarter. Fisher Asset Management LLC raised its stake in Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after buying an additional 160,720 shares in the last quarter. Atom Investors LP bought a new position in shares of Toyota Motor during the 3rd quarter worth approximately $841,000. FNY Investment Advisers LLC bought a new position in shares of Toyota Motor during the 4th quarter worth approximately $1,167,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of Toyota Motor during the 4th quarter worth approximately $2,140,000. Institutional investors own 1.48% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on TM shares. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. Finally, CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th.

Toyota Motor Price Performance

Shares of TM opened at $186.72 on Monday. The business’s 50-day moving average is $185.34 and its two-hundred day moving average is $180.51. The company has a market capitalization of $251.58 billion, a P/E ratio of 7.71, a P/E/G ratio of 0.35 and a beta of 0.63. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Research analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Toyota Motor 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.