Toyota Motor Co. (NYSE:TM) Position Cut by Bank of Montreal Can

Bank of Montreal Can lessened its holdings in Toyota Motor Co. (NYSE:TM - Free Report) by 3.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,455 shares of the company's stock after selling 1,772 shares during the period. Bank of Montreal Can's holdings in Toyota Motor were worth $8,651,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC increased its stake in Toyota Motor by 14.3% in the fourth quarter. FMR LLC now owns 563,437 shares of the company's stock valued at $109,651,000 after purchasing an additional 70,644 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Toyota Motor by 0.8% during the 4th quarter. Quadrant Capital Group LLC now owns 9,517 shares of the company's stock worth $1,852,000 after acquiring an additional 80 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Toyota Motor by 38.3% in the fourth quarter. Russell Investments Group Ltd. now owns 5,710 shares of the company's stock valued at $1,111,000 after purchasing an additional 1,581 shares during the period. Cullen Capital Management LLC lifted its holdings in Toyota Motor by 3.5% in the 4th quarter. Cullen Capital Management LLC now owns 131,337 shares of the company's stock worth $25,559,000 after buying an additional 4,426 shares in the last quarter. Finally, KCM Investment Advisors LLC purchased a new position in Toyota Motor in the fourth quarter valued at about $211,000. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

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Toyota Motor Stock Performance

TM traded up $2.25 on Tuesday, hitting $174.25. 427,311 shares of the company's stock were exchanged, compared to its average volume of 364,571. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The stock has a fifty day moving average of $180.68 and a two-hundred day moving average of $179.84. Toyota Motor Co. has a twelve month low of $155.00 and a twelve month high of $237.37. The firm has a market cap of $234.78 billion, a PE ratio of 7.19, a P/E/G ratio of 0.35 and a beta of 0.64.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share 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 anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

TM has been the subject of a number of recent analyst reports. Macquarie raised shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research report on Tuesday, February 4th. Sanford C. Bernstein assumed coverage on Toyota Motor in a research report on Monday. They issued a "market perform" rating for the company. CLSA lowered Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th. Finally, StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Toyota Motor currently has a consensus rating of "Hold".

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.