PFG Investments LLC Sells 1,531 Shares of Toyota Motor Corporation (NYSE:TM)

PFG Investments LLC lowered its position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 50.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TM. GAMMA Investing LLC boosted its position in Toyota Motor by 22,846.4% during the 1st quarter. GAMMA Investing LLC now owns 491,283 shares of the company's stock worth $86,726,000 after acquiring an additional 489,142 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Toyota Motor by 66.5% in the 4th 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 last quarter. Captrust Financial Advisors boosted its holdings in shares of Toyota Motor by 166.3% in the 4th 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 last quarter. Raymond James Financial Inc. acquired a new stake in shares of Toyota Motor in the 4th quarter valued at approximately $26,203,000. Finally, Fisher Asset Management LLC boosted its holdings in shares of Toyota Motor by 1.9% in the 4th 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 last quarter. Institutional investors and hedge funds own 1.48% of the company's stock.

Toyota Motor Stock Performance

TM traded up $5.49 during trading hours on Friday, reaching $176.12. The company's stock had a trading volume of 512,690 shares, compared to its average volume of 385,045. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $208.86. The company's 50-day moving average is $183.90 and its 200-day moving average is $183.29. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.10 and a current ratio of 1.26. The firm has a market cap of $237.31 billion, a PE ratio of 7.79 and a beta of 0.65.

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 for the quarter, beating analysts' consensus estimates of $2.92 by $0.47. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. The business had revenue of $81.09 billion for the quarter, compared to analysts' expectations of $78.47 billion. On average, equities analysts forecast that Toyota Motor Corporation will post 19.76 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. DZ Bank downgraded Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. Sanford C. Bernstein began coverage on Toyota Motor in a report on Monday, April 14th. They issued a "market perform" rating for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, Toyota Motor presently has an average rating of "Hold".

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.