PDS Planning Inc reduced its stake in shares of Toyota Motor Co. (NYSE:TM – Free Report) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,124 shares of the company’s stock after selling 438 shares during the quarter. PDS Planning Inc’s holdings in Toyota Motor were worth $608,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Stifel Financial Corp grew its stake in shares of 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 purchasing an additional 21,092 shares during the last quarter. Fisher Asset Management LLC lifted its holdings 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 during the period. Atom Investors LP purchased a new stake in Toyota Motor in the third quarter worth about $841,000. FNY Investment Advisers LLC purchased a new stake in Toyota Motor in the fourth quarter worth about $1,167,000. Finally, Strategic Financial Concepts LLC purchased a new stake in Toyota Motor in the fourth quarter worth about $2,140,000. 1.48% of the stock is owned by institutional investors.
Analyst Ratings Changes
TM has been the subject of several research analyst reports. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a report 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 lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th.
Toyota Motor Trading Up 1.0 %
NYSE:TM opened at $190.27 on Wednesday. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23. The company has a market cap of $256.37 billion, a PE ratio of 7.86, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a 50 day simple moving average of $185.25 and a two-hundred day simple moving average of $180.52.
Toyota Motor (NYSE:TM – Get Free Report) last issued its quarterly earnings data 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%. Research analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current year.
About Toyota Motor
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.
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