Toyota Motor Co. (NYSE:TM) Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC cut its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 23.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,219 shares of the company's stock after selling 1,620 shares during the quarter. Belpointe Asset Management LLC's holdings in Toyota Motor were worth $991,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC raised its position in Toyota Motor by 1.9% in the fourth quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company's stock valued at $1,341,254,000 after purchasing an additional 129,560 shares during the period. FMR LLC lifted its stake in Toyota Motor by 14.3% during the fourth quarter. FMR LLC now owns 563,437 shares of the company's stock worth $109,651,000 after purchasing an additional 70,644 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of Toyota Motor by 9.5% in the 4th quarter. Natixis Advisors LLC now owns 393,002 shares of the company's stock valued at $76,482,000 after buying an additional 34,110 shares in the last quarter. American Century Companies Inc. lifted its stake in Toyota Motor by 6.2% in the fourth quarter. American Century Companies Inc. now owns 234,779 shares of the company's stock valued at $45,690,000 after buying an additional 13,805 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Toyota Motor in the fourth quarter valued at $26,203,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Trading Down 1.6 %

Shares of TM traded down $2.73 on Monday, hitting $173.65. 48,454 shares of the stock traded hands, compared to its average volume of 364,075. The firm has a market capitalization of $233.97 billion, a P/E ratio of 7.17, a P/E/G ratio of 0.35 and a beta of 0.64. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a 1 year low of $155.00 and a 1 year high of $235.68. The stock's 50 day moving average is $180.15 and its two-hundred day moving average is $179.80.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings data 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 return on equity of 14.00% and a net margin of 10.86%. As a group, sell-side analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Analyst Ratings Changes

TM has been the subject of a number of analyst reports. CLSA downgraded shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th. StockNews.com upgraded Toyota Motor from a "sell" rating to a "hold" rating in a research report on Tuesday, January 7th. Sanford C. Bernstein initiated coverage on Toyota Motor in a report on Monday, April 14th. They issued a "market perform" rating on the stock. Finally, Macquarie upgraded shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research report on Tuesday, February 4th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Toyota Motor presently 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.