Toyota Motor Co. (NYSE:TM) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in Toyota Motor Co. (NYSE:TM - Free Report) by 19.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,736 shares of the company's stock after selling 11,670 shares during the period. Bank of New York Mellon Corp's holdings in Toyota Motor were worth $9,485,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Modus Advisors LLC purchased a new stake in shares of Toyota Motor in the fourth quarter valued at about $31,000. Trust Co. of Vermont lifted its holdings in shares of Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company's stock valued at $31,000 after purchasing an additional 85 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of Toyota Motor in the fourth quarter valued at about $41,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Toyota Motor during the fourth quarter valued at approximately $42,000. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of Toyota Motor by 800.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company's stock valued at $44,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 1.48% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TM shares. Macquarie raised shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th. Finally, CLSA downgraded shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th.

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Toyota Motor Trading Up 1.0 %

NYSE:TM traded up $1.86 during trading hours on Tuesday, reaching $190.27. 274,566 shares of the company were exchanged, compared to its average volume of 369,028. 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 has a market cap of $256.37 billion, a price-to-earnings ratio of 7.86, a PEG ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The stock has a 50 day simple moving average of $185.30 and a 200 day simple moving average of $180.52.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, beating 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, analysts predict that Toyota Motor Co. will post 19.76 EPS for the current 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.