SG Americas Securities LLC Lowers Stock Position in Toyota Motor Co. (NYSE:TM)

SG Americas Securities LLC cut its holdings in Toyota Motor Co. (NYSE:TM) by 22.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,666 shares of the company’s stock after selling 473 shares during the quarter. SG Americas Securities LLC’s holdings in Toyota Motor were worth $324,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Fisher Asset Management LLC boosted its stake in Toyota Motor by 2.4% during the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after acquiring an additional 160,720 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Toyota Motor by 34,303.6% during the third quarter. International Assets Investment Management LLC now owns 417,660 shares of the company’s stock valued at $74,582,000 after purchasing an additional 416,446 shares during the last quarter. Natixis Advisors LLC boosted its position in shares of Toyota Motor by 10.5% in the 3rd quarter. Natixis Advisors LLC now owns 358,892 shares of the company’s stock worth $64,087,000 after purchasing an additional 34,141 shares in the last quarter. Mediolanum International Funds Ltd purchased a new stake in shares of Toyota Motor in the 3rd quarter worth approximately $58,660,000. Finally, Stifel Financial Corp grew its stake in shares of Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after buying an additional 21,092 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TM has been the subject of a number of recent research reports. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research note 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 %

NYSE:TM opened at $187.25 on Wednesday. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The stock has a market cap of $252.30 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 0.36 and a beta of 0.63. The company’s 50 day moving average price is $182.96 and its 200-day moving average price is $180.22. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The business had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. On average, equities research analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

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.