International Assets Investment Management LLC Sells 415,597 Shares of Toyota Motor Co. (NYSE:TM)

International Assets Investment Management LLC lessened its position in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 99.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,063 shares of the company's stock after selling 415,597 shares during the quarter. International Assets Investment Management LLC's holdings in Toyota Motor were worth $398,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Highline Wealth Partners LLC bought a new stake in Toyota Motor during the third quarter valued at $27,000. Jamison Private Wealth Management Inc. grew its holdings in shares of Toyota Motor by 300.0% during the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company's stock worth $30,000 after purchasing an additional 126 shares in the last quarter. Modus Advisors LLC bought a new position in shares of Toyota Motor in the fourth quarter worth approximately $31,000. Grove Bank & Trust bought a new stake in shares of Toyota Motor during the 3rd quarter worth $32,000. Finally, Brown Brothers Harriman & Co. lifted its position in Toyota Motor by 188.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 294 shares of the company's stock worth $52,000 after buying an additional 192 shares during the last quarter. Institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Down 4.6 %

TM traded down $8.77 on Friday, hitting $183.78. The company had a trading volume of 472,974 shares, compared to its average volume of 564,427. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The stock has a fifty day simple moving average of $179.40 and a 200-day simple moving average of $182.43. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. The firm has a market capitalization of $247.63 billion, a P/E ratio of 8.73, a P/E/G ratio of 0.31 and a beta of 0.63.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.39 by ($1.49). The business had revenue of $76.92 billion for the quarter, compared to analysts' expectations of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. As a group, equities analysts expect that Toyota Motor Co. will post 21.56 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th.

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.