Ameriprise Financial Inc. Sells 9,220 Shares of Toyota Motor Co. (NYSE:TM)

Ameriprise Financial Inc. decreased its stake in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 5.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 150,247 shares of the company's stock after selling 9,220 shares during the quarter. Ameriprise Financial Inc.'s holdings in Toyota Motor were worth $29,291,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Trust Co. of Vermont boosted its holdings in Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company's stock worth $31,000 after acquiring an additional 85 shares in the last quarter. Parvin Asset Management LLC acquired a new position in shares of Toyota Motor during the fourth quarter worth approximately $32,000. Roxbury Financial LLC bought a new position in shares of Toyota Motor in the 4th quarter worth $41,000. Newbridge Financial Services Group Inc. acquired a new stake in Toyota Motor in the 4th quarter valued at $42,000. Finally, GPS Wealth Strategies Group LLC increased its stake in Toyota Motor by 800.0% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company's stock valued at $44,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 1.48% of the company's stock.

Analyst Upgrades and Downgrades

TM has been the topic of a number of recent research reports. DZ Bank lowered shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, May 9th. CLSA cut shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. Finally, Sanford C. Bernstein began coverage on Toyota Motor in a research note on Monday, April 14th. They issued a "market perform" rating for the company. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Toyota Motor presently has a consensus rating of "Hold".

Toyota Motor Stock Down 0.1%

Shares of NYSE TM traded down $0.22 during trading on Friday, hitting $183.24. The stock had a trading volume of 354,566 shares, compared to its average volume of 371,253. The firm has a fifty day moving average of $182.08 and a two-hundred day moving average of $181.70. The company has a market capitalization of $246.89 billion, a PE ratio of 7.57, a PEG ratio of 0.35 and a beta of 0.67. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. Toyota Motor Co. has a 12 month low of $155.00 and a 12 month high of $221.09.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, topping the consensus estimate of $2.92 by $0.47. The business had revenue of $81.09 billion for the quarter, compared to analysts' expectations of $11,956.52 billion. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. As a group, equities research analysts forecast that Toyota Motor Co. will post 19.76 EPS 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.