Envestnet Asset Management Inc. Sells 24,392 Shares of Toyota Motor Co. (NYSE:TM)

Envestnet Asset Management Inc. reduced its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 16.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,358 shares of the company's stock after selling 24,392 shares during the quarter. Envestnet Asset Management Inc.'s holdings in Toyota Motor were worth $24,980,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Modus Advisors LLC bought a new stake in Toyota Motor during the fourth quarter worth about $31,000. Trust Co. of Vermont raised its stake in shares of Toyota Motor by 113.3% during the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company's stock worth $31,000 after purchasing an additional 85 shares in the last quarter. Roxbury Financial LLC acquired a new stake in shares of Toyota Motor in the 4th quarter valued at approximately $41,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Toyota Motor in the 4th quarter valued at approximately $42,000. Finally, GPS Wealth Strategies Group LLC grew its stake in shares of Toyota Motor by 800.0% in 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 in the last quarter. Institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Performance

Toyota Motor stock traded up $2.25 during trading hours on Tuesday, hitting $174.25. The company had a trading volume of 427,311 shares, compared to its average volume of 364,571. Toyota Motor Co. has a one year low of $155.00 and a one year high of $237.37. The firm has a market cap of $234.78 billion, a PE ratio of 7.19, a PEG ratio of 0.35 and a beta of 0.64. The firm has a 50-day moving average of $180.68 and a 200 day moving average of $179.84. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06.

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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, topping the consensus estimate 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, sell-side analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on TM shares. CLSA cut shares of Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. Macquarie raised 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 report on Monday. They set a "market perform" rating on the stock. Finally, StockNews.com raised Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold".

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.