Toyota Motor (NYSE:TM) Downgraded by CLSA to "Hold"

Toyota Motor (NYSE:TM - Get Free Report) was downgraded by research analysts at CLSA from an "outperform" rating to a "hold" rating in a research note issued to investors on Wednesday, MarketBeat.com reports.

A number of other research firms also recently commented on TM. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research report on Tuesday, February 4th. StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th.

Toyota Motor Trading Down 3.4 %

Shares of TM stock traded down $6.52 on Wednesday, hitting $183.98. 478,361 shares of the stock traded hands, compared to its average volume of 354,593. Toyota Motor has a twelve month low of $159.04 and a twelve month high of $255.23. The stock has a market capitalization of $247.90 billion, a PE ratio of 7.60, a PEG ratio of 0.37 and a beta of 0.63. The firm's 50-day moving average price is $184.45 and its two-hundred day moving average price is $180.07. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.07 and a current ratio of 1.21.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. As a group, analysts anticipate that Toyota Motor will post 19.76 EPS for the current year.

Hedge Funds Weigh In On Toyota Motor

Hedge funds and other institutional investors have recently bought and sold shares of the company. Fisher Asset Management LLC increased its position in shares of Toyota Motor by 1.9% during the fourth quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company's stock worth $1,341,254,000 after acquiring an additional 129,560 shares during the period. International Assets Investment Management LLC increased its holdings in Toyota Motor by 34,303.6% during the 3rd quarter. International Assets Investment Management LLC now owns 417,660 shares of the company's stock worth $74,582,000 after purchasing an additional 416,446 shares during the period. Natixis Advisors LLC raised its position in Toyota Motor by 10.5% in the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company's stock valued at $64,087,000 after purchasing an additional 34,141 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in shares of Toyota Motor in the 3rd quarter valued at about $58,660,000. Finally, Stifel Financial Corp boosted its stake in shares of Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company's stock valued at $55,632,000 after buying an additional 21,092 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

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.