Short Interest in Toyota Motor Co. (NYSE:TM) Declines By 24.4%

Toyota Motor Co. (NYSE:TM - Get Free Report) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 921,800 shares, a decline of 24.4% from the February 13th total of 1,220,000 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily volume of 391,300 shares, the short-interest ratio is presently 2.4 days.

Hedge Funds Weigh In On Toyota Motor

A number of institutional investors have recently bought and sold shares of TM. Northern Trust Corp increased its position in Toyota Motor by 66.5% during the fourth quarter. Northern Trust Corp now owns 961,403 shares of the company's stock worth $187,099,000 after buying an additional 384,149 shares during the last quarter. Captrust Financial Advisors increased its position in Toyota Motor by 166.3% during the fourth quarter. Captrust Financial Advisors now owns 374,864 shares of the company's stock worth $72,952,000 after buying an additional 234,078 shares during the last quarter. Fisher Asset Management LLC increased its position in Toyota Motor by 2.4% during the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company's stock worth $1,207,571,000 after buying an additional 160,720 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Toyota Motor during the fourth quarter worth approximately $26,203,000. Finally, World Investment Advisors LLC acquired a new position in Toyota Motor during the third quarter worth approximately $14,911,000. Institutional investors and hedge funds own 1.48% of the company's stock.

Toyota Motor Stock Down 0.4 %

Shares of NYSE:TM traded down $0.78 during midday trading on Thursday, reaching $192.36. The company had a trading volume of 258,722 shares, compared to its average volume of 341,966. 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's 50 day moving average price is $185.26 and its 200 day moving average price is $180.61. The stock has a market cap of $259.18 billion, a PE ratio of 7.94, a P/E/G ratio of 0.35 and a beta of 0.63. Toyota Motor has a 1-year low of $159.04 and a 1-year high of $255.23.

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Toyota Motor (NYSE:TM - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) 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%. Research analysts forecast that Toyota Motor will post 19.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on TM shares. CLSA lowered 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 report on Tuesday, February 4th. Finally, StockNews.com upgraded Toyota Motor from a "sell" rating to a "hold" rating in a report 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.