Invst LLC Decreases Holdings in Toyota Motor Co. (NYSE:TM)

Invst LLC trimmed its position in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 18.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,510 shares of the company's stock after selling 1,495 shares during the period. Invst LLC's holdings in Toyota Motor were worth $1,267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of TM. Parvin Asset Management LLC acquired a new stake in shares of Toyota Motor in the 4th quarter valued at approximately $32,000. Roxbury Financial LLC acquired a new stake in shares of Toyota Motor in the 4th quarter worth about $41,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Toyota Motor in the fourth quarter worth approximately $42,000. GPS Wealth Strategies Group LLC increased its position in shares of Toyota Motor by 800.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company's stock valued at $44,000 after acquiring an additional 200 shares during the last quarter. Finally, Sierra Ocean LLC purchased a new stake in shares of Toyota Motor during the 4th quarter worth approximately $53,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

NYSE:TM traded up $2.90 during trading hours on Thursday, reaching $185.78. The company had a trading volume of 249,596 shares, compared to its average volume of 374,941. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The firm has a market cap of $250.32 billion, a PE ratio of 7.68, a price-to-earnings-growth ratio of 0.35 and a beta of 0.67. The business's 50 day moving average price is $181.29 and its 200-day moving average price is $182.29. Toyota Motor Co. has a 1-year low of $155.00 and a 1-year high of $217.51.

Toyota Motor (NYSE:TM - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.47. The firm had revenue of $81.09 billion during the quarter, compared to the consensus estimate of $78.47 billion. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. Research analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Sanford C. Bernstein started coverage on shares of Toyota Motor in a research report 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 research report on Friday, May 9th. CLSA downgraded Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. Finally, Macquarie raised Toyota Motor from a "neutral" rating to an "outperform" rating in a report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock 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.