Toyota Motor Corporation (NYSE:TM) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its holdings in Toyota Motor Corporation (NYSE:TM) by 2.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,583 shares of the company’s stock after selling 100 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Toyota Motor were worth $809,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Private Trust Co. NA raised its holdings in shares of Toyota Motor by 143.9% during the 1st quarter. Private Trust Co. NA now owns 139 shares of the company’s stock valued at $25,000 after buying an additional 82 shares during the period. Wood Tarver Financial Group LLC acquired a new stake in Toyota Motor during the 4th quarter valued at approximately $29,000. Parvin Asset Management LLC acquired a new stake in Toyota Motor during the 4th quarter valued at approximately $32,000. Wayfinding Financial LLC acquired a new stake in Toyota Motor during the 1st quarter valued at approximately $41,000. Finally, ORG Wealth Partners LLC acquired a new stake in Toyota Motor during the 1st quarter valued at approximately $47,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TM. Sanford C. Bernstein began coverage on Toyota Motor in a report on Monday, April 14th. They issued a “market perform” rating on the stock. DZ Bank downgraded Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a report on Friday, May 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Toyota Motor Stock Performance

Shares of NYSE TM opened at $170.12 on Wednesday. The company has a quick ratio of 1.10, a current ratio of 1.26 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $229.22 billion, a price-to-earnings ratio of 7.52 and a beta of 0.61. The stock’s fifty day simple moving average is $179.90 and its 200 day simple moving average is $182.48. Toyota Motor Corporation has a 52-week low of $155.00 and a 52-week high of $206.81.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, beating analysts’ consensus estimates of $2.92 by $0.47. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. The business had revenue of $81.09 billion for the quarter, compared to the consensus estimate of $78.47 billion. As a group, sell-side analysts forecast that Toyota Motor Corporation will post 19.76 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.