Short Interest in Toyota Motor Co. (NYSE:TM) Rises By 20.5%

Toyota Motor Co. (NYSE:TM - Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 633,700 shares, a growth of 20.5% from the March 15th total of 525,900 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 305,100 shares, the short-interest ratio is currently 2.1 days.

Toyota Motor Price Performance

Toyota Motor stock traded down $1.29 during mid-day trading on Monday, reaching $241.68. The company had a trading volume of 158,331 shares, compared to its average volume of 296,808. The stock's 50-day simple moving average is $239.17 and its 200-day simple moving average is $204.63. Toyota Motor has a 1 year low of $133.02 and a 1 year high of $255.23. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 1.02. The company has a market capitalization of $327.43 billion, a P/E ratio of 10.30, a P/E/G ratio of 0.36 and a beta of 0.69.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings data on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, beating the consensus estimate of $3.66 by $3.15. The firm had revenue of $81.54 billion during the quarter, compared to the consensus estimate of $73.72 billion. Toyota Motor had a return on equity of 14.13% and a net margin of 10.22%. On average, equities analysts predict that Toyota Motor will post 23.06 EPS for the current year.

Hedge Funds Weigh In On Toyota Motor

Institutional investors and hedge funds have recently modified their holdings of the company. D.A. Davidson & CO. raised its stake in Toyota Motor by 15.6% during the first quarter. D.A. Davidson & CO. now owns 1,448 shares of the company's stock worth $261,000 after purchasing an additional 195 shares during the period. Cibc World Market Inc. boosted its stake in shares of Toyota Motor by 34.0% in the first quarter. Cibc World Market Inc. now owns 25,609 shares of the company's stock valued at $4,616,000 after purchasing an additional 6,493 shares during the period. Blair William & Co. IL purchased a new stake in Toyota Motor during the 1st quarter worth $234,000. Sequoia Financial Advisors LLC lifted its holdings in Toyota Motor by 9.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,740 shares of the company's stock worth $674,000 after buying an additional 311 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in Toyota Motor by 6.6% in the 1st quarter. First Trust Advisors LP now owns 356,505 shares of the company's stock valued at $64,260,000 after buying an additional 22,142 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. StockNews.com lowered Toyota Motor from a "buy" rating to a "hold" rating in a report on Friday, January 19th. Nomura cut shares of Toyota Motor from a "buy" rating to a "neutral" rating in a research note on Wednesday, January 31st.

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.

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