Toyota Motor Co. (NYSE:TM) Short Interest Down 24.4% in February

Toyota Motor Co. (NYSE:TM) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 921,800 shares, a drop of 24.4% from the February 13th total of 1,220,000 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 391,300 shares, the short-interest ratio is presently 2.4 days.

Toyota Motor Stock Up 2.0 %

Toyota Motor stock opened at $186.72 on Monday. Toyota Motor has a 1-year low of $159.04 and a 1-year high of $255.23. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The stock has a market cap of $251.58 billion, a PE ratio of 7.71, a P/E/G ratio of 0.35 and a beta of 0.63. The stock’s fifty day moving average is $185.34 and its two-hundred day moving average is $180.51.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. On average, sell-side analysts expect that Toyota Motor will post 19.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TM has been the subject of a number of recent research reports. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Finally, CLSA cut Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th.

Institutional Trading of Toyota Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wood Tarver Financial Group LLC purchased a new position in shares of Toyota Motor during the fourth quarter worth about $29,000. Modus Advisors LLC purchased a new position in shares of Toyota Motor during the fourth quarter worth about $31,000. Trust Co. of Vermont grew its holdings in shares of Toyota Motor by 113.3% during the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after buying an additional 85 shares during the last quarter. Parvin Asset Management LLC purchased a new position in shares of Toyota Motor during the fourth quarter worth about $32,000. Finally, Roxbury Financial LLC purchased a new position in shares of Toyota Motor during the fourth quarter worth about $41,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

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.