Foster & Motley Inc. Reduces Position in Toyota Motor Co. (NYSE:TM)

Foster & Motley Inc. decreased its position in Toyota Motor Co. (NYSE:TM) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 45,149 shares of the company’s stock after selling 369 shares during the period. Foster & Motley Inc.’s holdings in Toyota Motor were worth $8,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AE Wealth Management LLC raised its stake in shares of Toyota Motor by 44.3% during the 3rd quarter. AE Wealth Management LLC now owns 3,801 shares of the company’s stock valued at $683,000 after buying an additional 1,166 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Toyota Motor by 72.6% during the third quarter. Geneos Wealth Management Inc. now owns 618 shares of the company’s stock worth $111,000 after purchasing an additional 260 shares in the last quarter. Ronald Blue Trust Inc. lifted its position in shares of Toyota Motor by 37.9% during the 3rd quarter. Ronald Blue Trust Inc. now owns 688 shares of the company’s stock valued at $124,000 after buying an additional 189 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of Toyota Motor by 318.5% in the third quarter. Global Retirement Partners LLC now owns 1,473 shares of the company’s stock valued at $250,000 after purchasing an additional 1,121 shares during the period. Finally, PFG Advisors purchased a new stake in shares of Toyota Motor during the third quarter worth about $328,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on TM. Nomura cut Toyota Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. StockNews.com downgraded Toyota Motor from a “buy” rating to a “hold” rating in a research note on Friday, January 19th.

Toyota Motor Price Performance

Shares of Toyota Motor stock traded up $1.58 on Monday, hitting $230.30. 448,035 shares of the company were exchanged, compared to its average volume of 299,704. Toyota Motor Co. has a 1-year low of $133.46 and a 1-year high of $255.23. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $312.02 billion, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 0.34 and a beta of 0.69. The company has a 50-day moving average price of $239.94 and a 200 day moving average price of $206.25.

Toyota Motor (NYSE:TM) last issued its earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.66 by $3.15. The business had revenue of $81.54 billion during the quarter, compared to the consensus estimate of $73.72 billion. Toyota Motor had a return on equity of 14.13% and a net margin of 10.22%. As a group, sell-side analysts predict that Toyota Motor Co. will post 23.06 earnings per share for the current fiscal year.

Toyota Motor 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.