Wambolt & Associates LLC Reduces Stock Position in Toyota Motor Co. (NYSE:TM)

Wambolt & Associates LLC trimmed its holdings in shares of Toyota Motor Co. (NYSE:TM) by 23.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,739 shares of the company’s stock after selling 820 shares during the period. Wambolt & Associates LLC’s holdings in Toyota Motor were worth $533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Modus Advisors LLC purchased a new stake in Toyota Motor during the fourth quarter worth approximately $31,000. Trust Co. of Vermont raised its holdings in Toyota Motor by 113.3% during the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of Toyota Motor during the 4th quarter worth approximately $41,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Toyota Motor in the 4th quarter valued at $42,000. Finally, GPS Wealth Strategies Group LLC grew its position in shares of Toyota Motor by 800.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock valued at $44,000 after buying an additional 200 shares during the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TM has been the topic of several research reports. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. Finally, CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th.

Toyota Motor Trading Up 0.9 %

Shares of TM stock opened at $192.34 on Tuesday. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $254.79. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The business’s fifty day moving average price is $185.58 and its 200 day moving average price is $180.70. The firm has a market capitalization of $259.16 billion, a PE ratio of 7.94, a P/E/G ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. As a group, sell-side analysts forecast that Toyota Motor Co. will post 19.76 EPS 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.