Huntington National Bank Lowers Stock Holdings in Toyota Motor Co. (NYSE:TM)

Huntington National Bank decreased its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 71.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,031 shares of the company's stock after selling 2,639 shares during the quarter. Huntington National Bank's holdings in Toyota Motor were worth $201,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Fisher Asset Management LLC grew its position in shares of 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. Natixis Advisors LLC boosted its stake in Toyota Motor by 9.5% during the 4th quarter. Natixis Advisors LLC now owns 393,002 shares of the company's stock worth $76,482,000 after purchasing an additional 34,110 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Toyota Motor by 7.3% during the third quarter. Stifel Financial Corp now owns 311,483 shares of the company's stock worth $55,632,000 after buying an additional 21,092 shares in the last quarter. American Century Companies Inc. raised its position in shares of 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. purchased a new position in shares of Toyota Motor in the fourth quarter worth about $26,203,000. Hedge funds and other institutional investors own 1.48% of the company's stock.

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Toyota Motor Trading Down 5.1 %

Toyota Motor stock traded down $8.93 during midday trading on Thursday, hitting $165.22. 226,989 shares of the stock were exchanged, compared to its average volume of 358,898. 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's 50-day simple moving average is $182.17 and its 200 day simple moving average is $180.23. Toyota Motor Co. has a fifty-two week low of $155.00 and a fifty-two week high of $247.15. The stock has a market capitalization of $222.61 billion, a price-to-earnings ratio of 6.83, a PEG 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 (EPS) for the quarter, topping 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%. On average, equities analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current year.

Analyst Ratings Changes

Several 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 upgraded Toyota Motor from a "sell" rating to a "hold" rating in a research report on Tuesday, January 7th. Finally, CLSA downgraded Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th.

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.