PFG Investments LLC Decreases Stock Position in Toyota Motor Co. (NYSE:TM)

PFG Investments LLC lessened its position in shares of Toyota Motor Co. (NYSE:TM) by 6.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,061 shares of the company’s stock after selling 201 shares during the period. PFG Investments LLC’s holdings in Toyota Motor were worth $596,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TM. Stifel Financial Corp boosted its position in Toyota Motor by 7.3% during the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after purchasing an additional 21,092 shares during the period. Fisher Asset Management LLC boosted its holdings in Toyota Motor by 2.4% in the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after buying an additional 160,720 shares during the period. Atom Investors LP purchased a new position in Toyota Motor in the 3rd quarter valued at approximately $841,000. FNY Investment Advisers LLC bought a new stake in Toyota Motor during the 4th quarter valued at $1,167,000. Finally, Moran Wealth Management LLC lifted its position in shares of Toyota Motor by 62.4% during the third quarter. Moran Wealth Management LLC now owns 27,433 shares of the company’s stock worth $4,899,000 after acquiring an additional 10,545 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

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

Toyota Motor Price Performance

Shares of NYSE:TM opened at $187.18 on Thursday. The company has a 50 day moving average of $181.88 and a 200 day moving average of $180.69. 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 stock has a market cap of $252.20 billion, a P/E ratio of 8.89, a P/E/G ratio of 0.36 and a beta of 0.63. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23.

Toyota Motor (NYSE:TM) last released its quarterly 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). The firm had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. As a group, sell-side analysts forecast that Toyota Motor Co. will post 19.9 EPS for the current fiscal year.

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.