Toyota Motor Co. (NYSE:TM) Shares Sold by Cerity Partners LLC

Cerity Partners LLC trimmed its holdings in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 13.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 36,517 shares of the company's stock after selling 5,585 shares during the period. Cerity Partners LLC's holdings in Toyota Motor were worth $6,911,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of TM. Raymond James Financial Inc. bought a new stake in Toyota Motor during the fourth quarter valued at about $26,203,000. Fisher Asset Management LLC boosted its position 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 valued at $1,341,254,000 after acquiring an additional 129,560 shares during the last quarter. World Investment Advisors LLC bought a new position in Toyota Motor during the third quarter valued at $14,911,000. FMR LLC grew its stake in shares of Toyota Motor by 14.3% in the 4th quarter. FMR LLC now owns 563,437 shares of the company's stock worth $109,651,000 after buying an additional 70,644 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of Toyota Motor during the 4th quarter worth about $8,709,000. 1.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TM has been the subject of several recent research reports. CLSA lowered shares of Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research report 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, Sanford C. Bernstein initiated coverage on shares of Toyota Motor in a research note on Monday. They issued a "market perform" rating on the stock. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, Toyota Motor currently has an average rating of "Hold".

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Toyota Motor Trading Up 1.3 %

NYSE:TM traded up $2.25 during trading hours on Tuesday, reaching $174.25. 427,311 shares of the stock were exchanged, compared to its average volume of 363,753. Toyota Motor Co. has a twelve month low of $155.00 and a twelve month high of $246.07. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The business has a 50-day moving average of $181.01 and a two-hundred day moving average of $179.88. The company has a market capitalization of $234.78 billion, a price-to-earnings ratio of 7.19, a PEG ratio of 0.35 and a beta of 0.64.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. On average, equities analysts predict that Toyota Motor Co. will post 19.76 EPS for the current year.

Toyota Motor 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.