Pittenger & Anderson Inc. Has $2.30 Million Stake in Toyota Motor Corporation (NYSE:TM)

Pittenger & Anderson Inc. trimmed its holdings in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 28.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in TM. GAMMA Investing LLC lifted its position in shares of Toyota Motor by 22,846.4% in the 1st quarter. GAMMA Investing LLC now owns 491,283 shares of the company's stock valued at $86,726,000 after acquiring an additional 489,142 shares in the last quarter. Northern Trust Corp lifted its position in Toyota Motor by 66.5% in the 4th quarter. Northern Trust Corp now owns 961,403 shares of the company's stock worth $187,099,000 after buying an additional 384,149 shares in the last quarter. Captrust Financial Advisors lifted its position in Toyota Motor by 166.3% in the 4th quarter. Captrust Financial Advisors now owns 374,864 shares of the company's stock worth $72,952,000 after buying an additional 234,078 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Toyota Motor in the 4th quarter worth approximately $26,203,000. Finally, FMR LLC lifted its position in Toyota Motor by 14.3% in the 4th quarter. FMR LLC now owns 563,437 shares of the company's stock worth $109,651,000 after buying an additional 70,644 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Stock Up 0.3%

Shares of TM traded up $0.49 during mid-day trading on Thursday, hitting $170.37. 268,680 shares of the company's stock were exchanged, compared to its average volume of 397,584. The firm has a fifty day moving average of $179.16 and a two-hundred day moving average of $182.22. Toyota Motor Corporation has a twelve month low of $155.00 and a twelve month high of $202.22. The stock has a market cap of $229.57 billion, a price-to-earnings ratio of 7.53 and a beta of 0.61. The company has a quick ratio of 1.10, a current ratio of 1.26 and a debt-to-equity ratio of 0.62.

Toyota Motor (NYSE:TM - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, beating 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 business had revenue of $81.09 billion for the quarter, compared to analyst estimates of $78.47 billion. On average, sell-side analysts forecast that Toyota Motor Corporation will post 19.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TM. DZ Bank downgraded 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 began coverage on shares of Toyota Motor in a research report on Monday, April 14th. They issued a "market perform" rating for the company. One 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 MarketBeat.com, the company presently has an average rating of "Hold".

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.