Short Interest in Toyota Motor Co. (NYSE:TM) Expands By 45.9%

Toyota Motor Co. (NYSE:TM - Get Free Report) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 1,430,000 shares, a growth of 45.9% from the March 15th total of 980,100 shares. Based on an average trading volume of 390,200 shares, the days-to-cover ratio is currently 3.7 days. Approximately 0.1% of the company's stock are short sold.

Institutional Investors Weigh In On Toyota Motor

Several institutional investors have recently made changes to their positions in TM. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Toyota Motor during the 3rd quarter valued at $446,000. Barclays PLC lifted its position in Toyota Motor by 168.8% during the third quarter. Barclays PLC now owns 4,155 shares of the company's stock worth $742,000 after purchasing an additional 2,609 shares during the period. Invst LLC grew its stake in Toyota Motor by 4.9% during the third quarter. Invst LLC now owns 8,005 shares of the company's stock worth $1,429,000 after buying an additional 374 shares in the last quarter. Virtu Financial LLC grew its stake in Toyota Motor by 83.2% during the third quarter. Virtu Financial LLC now owns 4,523 shares of the company's stock worth $808,000 after buying an additional 2,054 shares in the last quarter. Finally, World Investment Advisors LLC bought a new position in Toyota Motor in the 3rd quarter valued at about $14,911,000. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Stock Performance

Shares of NYSE TM traded down $1.90 during mid-day trading on Monday, reaching $174.48. 331,575 shares of the company were exchanged, compared to its average volume of 365,183. The stock has a market capitalization of $235.10 billion, a P/E ratio of 7.20, a P/E/G ratio of 0.35 and a beta of 0.64. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. Toyota Motor has a twelve month low of $155.00 and a twelve month high of $235.68. The company's 50-day simple moving average is $180.15 and its 200-day simple moving average is $179.80.

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, topping 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%. As a group, research analysts predict that Toyota Motor will post 19.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TM. StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a research report on Tuesday, January 7th. Macquarie upgraded shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. CLSA downgraded Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th. Finally, Sanford C. Bernstein began coverage on Toyota Motor in a research report on Monday, April 14th. They issued a "market perform" rating for the company. Four equities 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 has an average rating of "Hold".

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.