Lindbrook Capital LLC Trims Holdings in Toyota Motor Co. (NYSE:TM)

Lindbrook Capital LLC cut its position in shares of Toyota Motor Co. (NYSE:TM) by 6.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,877 shares of the company’s stock after selling 139 shares during the quarter. Lindbrook Capital LLC’s holdings in Toyota Motor were worth $365,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Abel Hall LLC raised its position in shares of Toyota Motor by 5.6% in the 3rd quarter. Abel Hall LLC now owns 1,274 shares of the company’s stock worth $227,000 after buying an additional 67 shares during the period. Avior Wealth Management LLC increased its stake in Toyota Motor by 4.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,662 shares of the company’s stock worth $324,000 after acquiring an additional 67 shares during the last quarter. Commerce Bank raised its holdings in shares of Toyota Motor by 2.3% in the 3rd quarter. Commerce Bank now owns 3,214 shares of the company’s stock worth $574,000 after purchasing an additional 73 shares during the period. Prime Capital Investment Advisors LLC lifted its stake in shares of Toyota Motor by 3.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,462 shares of the company’s stock valued at $440,000 after purchasing an additional 78 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Toyota Motor by 1.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 4,767 shares of the company’s stock worth $851,000 after purchasing an additional 79 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TM shares. CLSA downgraded Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th. Finally, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor Stock Performance

Toyota Motor stock opened at $187.44 on Friday. 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’s fifty day moving average price is $186.42 and its 200 day moving average price is $180.44. The company has a market capitalization of $252.56 billion, a price-to-earnings ratio of 7.74, a price-to-earnings-growth ratio of 0.35 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 announced its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. On average, research analysts forecast that Toyota Motor Co. will post 19.76 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.