Toyota Motor Co. (NYSE:TM) Short Interest Down 16.4% in November

Toyota Motor Co. (NYSE:TM) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 619,900 shares, a decrease of 16.4% from the November 15th total of 741,100 shares. Based on an average daily trading volume, of 379,600 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.1% of the company’s shares are sold short.

Toyota Motor Stock Performance

Shares of Toyota Motor stock opened at $175.88 on Friday. The stock has a market cap of $236.98 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 0.31 and a beta of 0.67. Toyota Motor has a 12 month low of $159.04 and a 12 month high of $255.23. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The business has a fifty day simple moving average of $173.91 and a 200-day simple moving average of $185.52.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The business had revenue of $76.92 billion for the quarter, compared to analyst estimates of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. On average, sell-side analysts anticipate that Toyota Motor will post 21.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC boosted its stake in shares of Toyota Motor by 4.5% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 1,419 shares of the company’s stock valued at $291,000 after buying an additional 61 shares during the period. Epoch Investment Partners Inc. raised its holdings in shares of Toyota Motor by 5.3% during the second quarter. Epoch Investment Partners Inc. now owns 1,293 shares of the company’s stock worth $265,000 after acquiring an additional 65 shares in the last quarter. Stratos Wealth Advisors LLC boosted its position in Toyota Motor by 3.8% during the third quarter. Stratos Wealth Advisors LLC now owns 1,759 shares of the company’s stock valued at $314,000 after purchasing an additional 65 shares during the last quarter. IFG Advisory LLC boosted its position in Toyota Motor by 0.3% during the second quarter. IFG Advisory LLC now owns 24,532 shares of the company’s stock valued at $5,028,000 after purchasing an additional 66 shares during the last quarter. Finally, Abel Hall LLC increased its position in Toyota Motor by 5.6% in the 3rd quarter. Abel Hall LLC now owns 1,274 shares of the company’s stock worth $227,000 after purchasing an additional 67 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

About Toyota Motor

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.