Toyota Motor Co. (NYSE:TM) Position Trimmed by Greenleaf Trust

Greenleaf Trust trimmed its stake in Toyota Motor Co. (NYSE:TM) by 1.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 11,769 shares of the company’s stock after selling 155 shares during the quarter. Greenleaf Trust’s holdings in Toyota Motor were worth $2,158,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TM. Qube Research & Technologies Ltd acquired a new stake in Toyota Motor during the third quarter valued at $25,000. Coppell Advisory Solutions LLC acquired a new stake in shares of Toyota Motor during the 2nd quarter valued at about $25,000. Lazard Asset Management LLC grew its stake in shares of Toyota Motor by 1,563.6% in the 2nd quarter. Lazard Asset Management LLC now owns 183 shares of the company’s stock valued at $29,000 after buying an additional 172 shares in the last quarter. Byrne Asset Management LLC increased its holdings in Toyota Motor by 105.6% in the third quarter. Byrne Asset Management LLC now owns 185 shares of the company’s stock worth $33,000 after buying an additional 95 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its position in Toyota Motor by 101.9% during the third quarter. Venturi Wealth Management LLC now owns 214 shares of the company’s stock valued at $38,000 after acquiring an additional 108 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

TM traded down $3.12 on Friday, hitting $228.72. The company had a trading volume of 425,857 shares, compared to its average volume of 231,125. The stock has a market cap of $309.87 billion, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 0.34 and a beta of 0.69. 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’s fifty day moving average price is $239.94 and its 200 day moving average price is $205.77. Toyota Motor Co. has a 1-year low of $133.02 and a 1-year high of $255.23.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.66 by $3.15. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. The business had revenue of $81.54 billion during the quarter, compared to analysts’ expectations of $73.72 billion. Equities analysts predict that Toyota Motor Co. will post 23.06 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the stock. Nomura downgraded shares of Toyota Motor from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. StockNews.com downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.

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.