PFG Investments LLC Cuts Holdings in Toyota Motor Corporation (NYSE:TM)

PFG Investments LLC decreased its stake in Toyota Motor Corporation (NYSE:TM - Free Report) by 50.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,530 shares of the company's stock after selling 1,531 shares during the quarter. PFG Investments LLC's holdings in Toyota Motor were worth $270,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Quadrant Capital Group LLC grew its position in shares of Toyota Motor by 0.8% in the fourth quarter. Quadrant Capital Group LLC now owns 9,517 shares of the company's stock valued at $1,852,000 after purchasing an additional 80 shares during the period. Gradient Investments LLC boosted its position in Toyota Motor by 3.2% during the first quarter. Gradient Investments LLC now owns 2,748 shares of the company's stock worth $485,000 after acquiring an additional 85 shares during the last quarter. Barclays PLC boosted its position in Toyota Motor by 2.1% during the fourth quarter. Barclays PLC now owns 4,244 shares of the company's stock worth $826,000 after acquiring an additional 89 shares during the last quarter. IFP Advisors Inc boosted its position in Toyota Motor by 39.5% during the fourth quarter. IFP Advisors Inc now owns 318 shares of the company's stock worth $62,000 after acquiring an additional 90 shares during the last quarter. Finally, Rehmann Capital Advisory Group boosted its position in Toyota Motor by 5.3% during the fourth quarter. Rehmann Capital Advisory Group now owns 1,793 shares of the company's stock worth $349,000 after acquiring an additional 90 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. DZ Bank lowered shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research report on Friday, May 9th. Sanford C. Bernstein assumed coverage on shares of Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold".

Toyota Motor Price Performance

Shares of TM stock opened at $169.31 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.26 and a quick ratio of 1.10. The firm's 50-day moving average is $184.03 and its two-hundred day moving average is $183.25. Toyota Motor Corporation has a 12 month low of $155.00 and a 12 month high of $208.86. The company has a market capitalization of $228.13 billion, a PE ratio of 7.48 and a beta of 0.65.

Toyota Motor (NYSE:TM - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $3.39 EPS for the quarter, topping analysts' consensus estimates of $2.92 by $0.47. Toyota Motor had a net margin of 9.89% and a return on equity of 13.01%. The company had revenue of $81.09 billion for the quarter, compared to the consensus estimate of $78.47 billion. Analysts predict that Toyota Motor Corporation 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.