Rockefeller Capital Management L.P. Sells 42,234 Shares of Toyota Motor Co. (NYSE:TM)

Rockefeller Capital Management L.P. cut its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 76.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,365 shares of the company's stock after selling 42,234 shares during the period. Rockefeller Capital Management L.P.'s holdings in Toyota Motor were worth $2,609,000 as of its most recent SEC filing.

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

Toyota Motor Price Performance

TM stock traded up $2.82 during midday trading on Wednesday, reaching $181.52. 335,325 shares of the company's stock traded hands, compared to its average volume of 364,713. 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 company has a market cap of $244.58 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 0.35 and a beta of 0.64. The company has a 50-day simple moving average of $179.87 and a two-hundred day simple moving average of $179.75. Toyota Motor Co. has a 1-year low of $155.00 and a 1-year high of $235.68.

Toyota Motor (NYSE:TM - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, beating 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%. On average, analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Analyst Ratings Changes

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