Toyota Motor Co. (NYSE:TM) Shares Sold by Byrne Asset Management LLC

Byrne Asset Management LLC decreased its position in shares of Toyota Motor Co. (NYSE:TM) by 13.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 585 shares of the company’s stock after selling 90 shares during the quarter. Byrne Asset Management LLC’s holdings in Toyota Motor were worth $103,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of TM. Quadrant Capital Group LLC raised its holdings in Toyota Motor by 0.8% in the fourth quarter. Quadrant Capital Group LLC now owns 9,517 shares of the company’s stock valued at $1,852,000 after acquiring an additional 80 shares in the last quarter. Gradient Investments LLC raised its holdings in Toyota Motor by 3.2% in the first quarter. Gradient Investments LLC now owns 2,748 shares of the company’s stock valued at $485,000 after acquiring an additional 85 shares in the last quarter. Barclays PLC raised its holdings in Toyota Motor by 2.1% in the fourth quarter. Barclays PLC now owns 4,244 shares of the company’s stock valued at $826,000 after acquiring an additional 89 shares in the last quarter. IFP Advisors Inc raised its holdings in Toyota Motor by 39.5% in the fourth quarter. IFP Advisors Inc now owns 318 shares of the company’s stock valued at $62,000 after acquiring an additional 90 shares in the last quarter. Finally, Rehmann Capital Advisory Group raised its holdings in Toyota Motor by 5.3% in the fourth quarter. Rehmann Capital Advisory Group now owns 1,793 shares of the company’s stock valued at $349,000 after acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Down 1.8%

TM stock opened at $178.69 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The stock has a market cap of $240.76 billion, a P/E ratio of 7.38, a PEG ratio of 0.35 and a beta of 0.65. The company’s 50 day moving average is $183.59 and its two-hundred day moving average is $183.26. Toyota Motor Co. has a twelve month low of $155.00 and a twelve month high of $208.86.

Toyota Motor (NYSE:TM) last announced its earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.92 by $0.47. The business had revenue of $81.09 billion for the quarter, compared to analyst estimates of $78.47 billion. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. Research analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TM has been the topic of a number of research analyst reports. Sanford C. Bernstein initiated coverage on shares of Toyota Motor in a report on Monday, April 14th. They set a “market perform” rating on the stock. DZ Bank cut shares of Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a report on Friday, May 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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.