Pittenger & Anderson Inc. Sells 5,120 Shares of Toyota Motor Corporation (NYSE:TM)

Pittenger & Anderson Inc. cut its holdings in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 28.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,000 shares of the company's stock after selling 5,120 shares during the period. Pittenger & Anderson Inc.'s holdings in Toyota Motor were worth $2,295,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Private Trust Co. NA lifted its stake in shares of Toyota Motor by 143.9% in the 1st quarter. Private Trust Co. NA now owns 139 shares of the company's stock valued at $25,000 after purchasing an additional 82 shares during the period. Wood Tarver Financial Group LLC acquired a new position in shares of Toyota Motor in the 4th quarter valued at $29,000. Parvin Asset Management LLC acquired a new position in shares of Toyota Motor in the 4th quarter valued at $32,000. Wayfinding Financial LLC acquired a new position in shares of Toyota Motor in the 1st quarter valued at $41,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of Toyota Motor in the 1st quarter valued at $47,000. 1.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. DZ Bank downgraded Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, May 9th. Sanford C. Bernstein began coverage on Toyota Motor in a research note 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 given a hold rating and one has given a buy rating to the company. According to MarketBeat, Toyota Motor has a consensus rating of "Hold".

Toyota Motor Stock Performance

Shares of Toyota Motor stock opened at $170.23 on Monday. The company has a market capitalization of $229.37 billion, a PE ratio of 7.53 and a beta of 0.61. Toyota Motor Corporation has a 12 month low of $155.00 and a 12 month high of $208.21. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 0.62. The stock's fifty day simple moving average is $180.75 and its 200 day simple moving average is $182.76.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $3.39 EPS 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 the consensus estimate of $78.47 billion. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. On average, research analysts predict that Toyota Motor Corporation 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.

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