Clark Capital Management Group Inc. Sells 4,502 Shares of Toyota Motor Co. (NYSE:TM)

Clark Capital Management Group Inc. reduced its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 138,748 shares of the company's stock after selling 4,502 shares during the period. Clark Capital Management Group Inc.'s holdings in Toyota Motor were worth $27,002,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Trust Co. of Vermont lifted its holdings in 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 acquiring an additional 85 shares in the last quarter. Parvin Asset Management LLC bought a new position in Toyota Motor during the fourth quarter worth about $32,000. Roxbury Financial LLC bought a new position in Toyota Motor during the fourth quarter worth about $41,000. Newbridge Financial Services Group Inc. bought a new position in Toyota Motor during the fourth quarter worth about $42,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in Toyota Motor by 800.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company's stock worth $44,000 after acquiring an additional 200 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. CLSA downgraded Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. Sanford C. Bernstein assumed coverage on Toyota Motor in a research note on Monday, April 14th. They issued a "market perform" rating on the stock. Finally, Macquarie raised Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Toyota Motor Stock Performance

Shares of Toyota Motor stock traded down $0.40 on Friday, hitting $187.52. The stock had a trading volume of 465,136 shares, compared to its average volume of 369,769. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The stock has a market cap of $252.67 billion, a price-to-earnings ratio of 7.74, a price-to-earnings-growth ratio of 0.35 and a beta of 0.67. The business's 50 day moving average is $182.12 and its two-hundred day moving average is $181.38. Toyota Motor Co. has a twelve month low of $155.00 and a twelve month high of $221.09.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported $3.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.47. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. The business had revenue of $81.09 billion during the quarter, compared to analysts' expectations of $11,956.52 billion. Analysts forecast 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.