World Investment Advisors Cuts Stock Position in Toyota Motor Co. (NYSE:TM)

World Investment Advisors reduced its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 98.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,289 shares of the company's stock after selling 82,212 shares during the quarter. World Investment Advisors' holdings in Toyota Motor were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in TM. Fisher Asset Management LLC lifted its stake in shares of 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 buying an additional 129,560 shares in the last quarter. Natixis Advisors LLC lifted its position in Toyota Motor by 9.5% in the 4th quarter. Natixis Advisors LLC now owns 393,002 shares of the company's stock valued at $76,482,000 after acquiring an additional 34,110 shares in the last quarter. American Century Companies Inc. boosted its stake in Toyota Motor by 6.2% during the 4th quarter. American Century Companies Inc. now owns 234,779 shares of the company's stock valued at $45,690,000 after purchasing an additional 13,805 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Toyota Motor during the 4th quarter valued at $26,203,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Toyota Motor by 30.4% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 131,290 shares of the company's stock worth $25,550,000 after purchasing an additional 30,576 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Performance

Shares of NYSE:TM traded up $3.11 during trading on Tuesday, hitting $175.11. The company's stock had a trading volume of 126,262 shares, compared to its average volume of 362,597. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The firm has a market cap of $235.95 billion, a price-to-earnings ratio of 7.23, a P/E/G ratio of 0.35 and a beta of 0.64. The company has a 50-day moving average of $181.01 and a 200-day moving average of $179.88. Toyota Motor Co. has a 12 month low of $155.00 and a 12 month high of $246.07.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating the consensus estimate 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, sell-side analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. CLSA cut Toyota Motor from an "outperform" rating to a "hold" rating in a research report on Wednesday, February 5th. StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. Macquarie raised shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a report on Tuesday, February 4th. Finally, Sanford C. Bernstein assumed coverage on shares of Toyota Motor in a report on Monday. They issued a "market perform" rating on the stock. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, Toyota Motor has an average 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.