CENTRAL TRUST Co Lowers Position in Toyota Motor Co. (NYSE:TM)

CENTRAL TRUST Co reduced its stake in Toyota Motor Co. (NYSE:TM) by 11.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,394 shares of the company’s stock after selling 187 shares during the quarter. CENTRAL TRUST Co’s holdings in Toyota Motor were worth $271,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. DAVENPORT & Co LLC raised its position in Toyota Motor by 10.0% in the 4th quarter. DAVENPORT & Co LLC now owns 1,996 shares of the company’s stock valued at $388,000 after buying an additional 182 shares during the last quarter. Capital Insight Partners LLC increased its position in shares of Toyota Motor by 5.6% during the 4th quarter. Capital Insight Partners LLC now owns 13,286 shares of the company’s stock valued at $2,586,000 after purchasing an additional 699 shares during the last quarter. Abundance Wealth Counselors increased its position in shares of Toyota Motor by 9.5% during the 4th quarter. Abundance Wealth Counselors now owns 2,839 shares of the company’s stock valued at $552,000 after purchasing an additional 246 shares during the last quarter. Waldron Private Wealth LLC purchased a new stake in shares of Toyota Motor during the 4th quarter valued at $208,000. Finally, Caprock Group LLC increased its position in shares of Toyota Motor by 7.2% during the 4th quarter. Caprock Group LLC now owns 6,874 shares of the company’s stock valued at $1,338,000 after purchasing an additional 459 shares during the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TM. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor Trading Up 2.0 %

Shares of TM opened at $187.25 on Wednesday. The business has a 50-day moving average of $182.96 and a 200 day moving average of $180.22. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23. The firm has a market cap of $252.30 billion, a P/E ratio of 8.90, a price-to-earnings-growth ratio of 0.36 and a beta of 0.63. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The firm had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. As a group, research analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current 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.