Ethic Inc. Lowers Stock Position in Toyota Motor Co. (NYSE:TM)

Ethic Inc. lessened its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 20.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,327 shares of the company's stock after selling 5,433 shares during the quarter. Ethic Inc.'s holdings in Toyota Motor were worth $4,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC increased its stake in shares of Toyota Motor by 1.9% in the fourth quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company's stock valued at $1,341,254,000 after buying an additional 129,560 shares during the period. Northern Trust Corp increased its stake in shares of Toyota Motor by 66.5% in the fourth quarter. Northern Trust Corp now owns 961,403 shares of the company's stock valued at $187,099,000 after buying an additional 384,149 shares during the period. FMR LLC increased its stake in shares of Toyota Motor by 14.3% in the fourth quarter. FMR LLC now owns 563,437 shares of the company's stock valued at $109,651,000 after buying an additional 70,644 shares during the period. Natixis Advisors LLC increased its stake in shares of Toyota Motor by 9.5% in the fourth quarter. Natixis Advisors LLC now owns 393,002 shares of the company's stock valued at $76,482,000 after buying an additional 34,110 shares during the period. Finally, Captrust Financial Advisors increased its stake in shares of Toyota Motor by 166.3% in the fourth quarter. Captrust Financial Advisors now owns 374,864 shares of the company's stock valued at $72,952,000 after buying an additional 234,078 shares during the period. Institutional investors own 1.48% of the company's stock.

Wall Street Analysts Forecast Growth

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

Toyota Motor Trading Up 0.0%

Shares of Toyota Motor stock traded up $0.05 on Friday, reaching $183.50. 167,303 shares of the company's stock were exchanged, compared to its average volume of 370,268. The company has a market capitalization of $247.24 billion, a P/E ratio of 7.58, a price-to-earnings-growth ratio of 0.35 and a beta of 0.67. Toyota Motor Co. has a 52 week low of $155.00 and a 52 week high of $221.09. The firm's 50-day moving average is $182.08 and its two-hundred day moving average is $181.70. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.92 by $0.47. The firm had revenue of $81.09 billion for the quarter, compared to analysts' expectations of $11,956.52 billion. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Sell-side analysts predict 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.