CENTRAL TRUST Co Sells 187 Shares of Toyota Motor Co. (NYSE:TM)

CENTRAL TRUST Co reduced its stake in Toyota Motor Co. (NYSE:TM) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,394 shares of the company’s stock after selling 187 shares during the quarter. CENTRAL TRUST Co’s holdings in Toyota Motor were worth $271,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp lifted 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 acquiring an additional 21,092 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Toyota Motor by 2.4% during the 3rd 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, Moran Wealth Management LLC boosted its holdings in shares of Toyota Motor by 62.4% during the 3rd quarter. Moran Wealth Management LLC now owns 27,433 shares of the company’s stock worth $4,899,000 after buying an additional 10,545 shares in the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

Toyota Motor Price Performance

Shares of TM opened at $187.25 on Wednesday. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The business’s fifty day moving average is $182.96 and its 200 day moving average is $180.22. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The stock has a market cap of $252.30 billion, a P/E ratio of 8.90, a P/E/G ratio of 0.36 and a beta of 0.63.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The firm had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. Sell-side analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TM has been the topic of a number of research analyst reports. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday.

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.