Foster & Motley Inc. Decreases Stake in Toyota Motor Co. (NYSE:TM)

Foster & Motley Inc. decreased its holdings in Toyota Motor Co. (NYSE:TM) by 3.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 40,621 shares of the company’s stock after selling 1,288 shares during the period. Foster & Motley Inc.’s holdings in Toyota Motor were worth $7,905,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Highline Wealth Partners LLC purchased a new position in shares of Toyota Motor in the 3rd quarter valued at $27,000. Jamison Private Wealth Management Inc. increased its holdings in Toyota Motor by 300.0% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after purchasing an additional 126 shares in the last quarter. Modus Advisors LLC purchased a new position in Toyota Motor in the fourth quarter valued at about $31,000. Trust Co. of Vermont lifted its stake in shares of Toyota Motor by 113.3% during the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares in the last quarter. Finally, Grove Bank & Trust purchased a new stake in shares of Toyota Motor in the third quarter worth about $32,000. 1.48% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th.

Toyota Motor Price Performance

TM opened at $187.18 on Thursday. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. The firm has a market cap of $252.20 billion, a price-to-earnings ratio of 8.89, a PEG ratio of 0.36 and a beta of 0.63. The company has a fifty day simple moving average of $181.88 and a 200 day simple moving average of $180.69.

Toyota Motor (NYSE:TM) last announced its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The business had revenue of $76.92 billion for the quarter, compared to analyst estimates of $79.78 billion. Equities research analysts expect that Toyota Motor Co. will post 19.9 EPS for the current fiscal year.

Toyota Motor Company 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.