Private Advisor Group LLC cut its stake in shares of Toyota Motor Co. (NYSE:TM – Free Report) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,561 shares of the company’s stock after selling 926 shares during the period. Private Advisor Group LLC’s holdings in Toyota Motor were worth $1,082,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Fisher Asset Management LLC increased its holdings in shares of 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 acquiring an additional 160,720 shares in the last quarter. World Investment Advisors LLC bought a new position in shares of Toyota Motor during the third quarter worth about $14,911,000. Rockefeller Capital Management L.P. raised its position in Toyota Motor by 373.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock valued at $9,939,000 after buying an additional 43,857 shares during the last quarter. Natixis Advisors LLC boosted its position in Toyota Motor by 10.5% during the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after acquiring an additional 34,141 shares during the last quarter. Finally, Vantage Investment Partners LLC bought a new position in shares of Toyota Motor during the 3rd quarter worth approximately $5,179,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on TM shares. CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th.
Toyota Motor Stock Performance
NYSE TM opened at $181.48 on Friday. The firm has a market capitalization of $244.53 billion, a P/E ratio of 7.49, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The firm’s fifty day moving average price is $186.34 and its two-hundred day moving average price is $180.22. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23.
Toyota Motor (NYSE:TM – Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. As a group, research analysts anticipate that Toyota Motor Co. will post 19.76 EPS 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.
Further Reading
- Five stocks we like better than Toyota Motor
- What is diluted earnings per share (Diluted EPS)?
- Analysts Lift Archer Aviation Stock Despite Earnings Miss
- What Does a Stock Split Mean?
- 5 Best Gold ETFs for March to Curb Recession Fears
- 5 Top Rated Dividend Stocks to Consider
- 3 Stocks for Your Watchlist: Unlocking Tomorrow’s Winners Today
Want to see what other hedge funds are holding TM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Toyota Motor Co. (NYSE:TM – Free Report).
Receive News & Ratings for Toyota Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toyota Motor and related companies with MarketBeat.com's FREE daily email newsletter.