Toyota Motor Co. (NYSE:TM) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lowered its holdings in shares of Toyota Motor Co. (NYSE:TM) by 9.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,443 shares of the company’s stock after selling 1,488 shares during the period. Rhumbline Advisers’ holdings in Toyota Motor were worth $2,550,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in shares of Toyota Motor by 22,846.4% in the 1st quarter. GAMMA Investing LLC now owns 491,283 shares of the company’s stock valued at $86,726,000 after purchasing an additional 489,142 shares in the last quarter. Northern Trust Corp increased its holdings in Toyota Motor by 66.5% during the 4th quarter. Northern Trust Corp now owns 961,403 shares of the company’s stock valued at $187,099,000 after acquiring an additional 384,149 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Toyota Motor by 166.3% during the 4th quarter. Captrust Financial Advisors now owns 374,864 shares of the company’s stock worth $72,952,000 after purchasing an additional 234,078 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Toyota Motor during the 4th quarter worth about $26,203,000. Finally, Fisher Asset Management LLC boosted its stake in shares of Toyota Motor by 1.9% during the 4th quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company’s stock worth $1,341,254,000 after purchasing an additional 129,560 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

TM has been the topic of several research analyst reports. DZ Bank cut shares of Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, May 9th. Sanford C. Bernstein initiated coverage on shares of Toyota Motor in a research report on Monday, April 14th. They set a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Toyota Motor presently has a consensus rating of “Hold”.

Toyota Motor Stock Down 1.8%

Shares of NYSE:TM opened at $178.69 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a 12-month low of $155.00 and a 12-month high of $208.86. The company has a fifty day simple moving average of $183.59 and a 200 day simple moving average of $183.44. The firm has a market cap of $240.76 billion, a PE ratio of 7.38, a price-to-earnings-growth ratio of 0.35 and a beta of 0.65.

Toyota Motor (NYSE:TM) last released its earnings results on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.47. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. The firm had revenue of $81.09 billion during the quarter, compared to analyst estimates of $78.47 billion. On average, equities research analysts anticipate that Toyota Motor Co. will post 19.76 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.