Toyota Motor Co. (NYSE:TM) Shares Sold by Balentine LLC

Balentine LLC reduced its stake in shares of Toyota Motor Co. (NYSE:TM) by 13.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,281 shares of the company’s stock after selling 194 shares during the period. Balentine LLC’s holdings in Toyota Motor were worth $249,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. International Assets Investment Management LLC increased its position in shares of Toyota Motor by 34,303.6% during the third quarter. International Assets Investment Management LLC now owns 417,660 shares of the company’s stock valued at $74,582,000 after acquiring an additional 416,446 shares during the last quarter. Mediolanum International Funds Ltd purchased a new position in shares of Toyota Motor during the 3rd quarter worth approximately $58,660,000. Fisher Asset Management LLC increased 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 valued at $1,207,571,000 after purchasing an additional 160,720 shares during the last quarter. World Investment Advisors LLC purchased a new stake in Toyota Motor in the third quarter valued at approximately $14,911,000. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Toyota Motor by 373.5% during the third quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock worth $9,939,000 after buying an additional 43,857 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Trading Up 0.5 %

NYSE TM opened at $184.88 on Tuesday. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The firm has a 50 day moving average of $184.45 and a two-hundred day moving average of $179.95. The stock has a market capitalization of $249.10 billion, a PE ratio of 7.63, a price-to-earnings-growth ratio of 0.37 and a beta of 0.63. The company has a quick ratio of 1.07, a current ratio of 1.21 and a debt-to-equity ratio of 0.64.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. As a group, research analysts expect that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. CLSA cut Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th.

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.