Laird Norton Wetherby Wealth Management LLC Cuts Holdings in Toyota Motor Co. (NYSE:TM)

Laird Norton Wetherby Wealth Management LLC trimmed its holdings in Toyota Motor Co. (NYSE:TM - Free Report) by 6.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,892 shares of the company's stock after selling 1,886 shares during the period. Laird Norton Wetherby Wealth Management LLC's holdings in Toyota Motor were worth $5,233,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Trust Co. of Vermont boosted its stake in Toyota Motor by 113.3% during the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company's stock valued at $31,000 after buying an additional 85 shares during the period. Parvin Asset Management LLC purchased a new stake in shares of Toyota Motor in the 4th quarter valued at about $32,000. Roxbury Financial LLC purchased a new stake in shares of Toyota Motor in the 4th quarter valued at about $41,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Toyota Motor during the 4th quarter valued at about $42,000. Finally, GPS Wealth Strategies Group LLC grew its holdings 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 worth $44,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Down 1.9%

NYSE TM traded down $3.48 during trading hours on Thursday, reaching $183.52. 451,287 shares of the company's stock traded hands, compared to its average volume of 370,657. Toyota Motor Co. has a 52-week low of $155.00 and a 52-week high of $221.09. 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 50-day simple moving average of $182.18 and a 200 day simple moving average of $181.65. The firm has a market cap of $247.28 billion, a PE ratio of 7.58, a PEG ratio of 0.35 and a beta of 0.67.

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, topping the consensus estimate of $2.92 by $0.47. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. The company had revenue of $81.09 billion for the quarter, compared to the consensus estimate of $11,956.52 billion. Sell-side analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on TM shares. CLSA downgraded shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. DZ Bank cut 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 assumed coverage on shares of Toyota Motor in a report on Monday, April 14th. They set a "market perform" rating for the company. Finally, Macquarie raised Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company 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.