HighPoint Advisor Group LLC Sells 287 Shares of Toyota Motor Co. (NYSE:TM)

HighPoint Advisor Group LLC trimmed its stake in Toyota Motor Co. (NYSE:TM) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,389 shares of the company’s stock after selling 287 shares during the period. HighPoint Advisor Group LLC’s holdings in Toyota Motor were worth $1,001,000 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. Raymond James Financial Inc. bought a new stake in Toyota Motor during the fourth quarter worth about $26,203,000. Fisher Asset Management LLC lifted its position in Toyota Motor by 1.9% in the 4th quarter. Fisher Asset Management LLC now owns 6,892,009 shares of the company’s stock worth $1,341,254,000 after buying an additional 129,560 shares during the last quarter. World Investment Advisors LLC purchased a new stake in Toyota Motor in the third quarter worth approximately $14,911,000. Rockefeller Capital Management L.P. boosted its stake in Toyota Motor by 373.5% in the third quarter. Rockefeller Capital Management L.P. now owns 55,599 shares of the company’s stock worth $9,939,000 after buying an additional 43,857 shares in the last quarter. Finally, Natixis Advisors LLC grew its position in Toyota Motor by 9.5% during the fourth quarter. Natixis Advisors LLC now owns 393,002 shares of the company’s stock valued at $76,482,000 after acquiring an additional 34,110 shares during the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Stock Down 1.2 %

Shares of NYSE TM opened at $174.34 on Wednesday. The firm’s fifty day moving average is $185.51 and its 200 day moving average is $181.00. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $248.47. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The company has a market cap of $234.91 billion, a price-to-earnings ratio of 7.20, a PEG ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. On average, equities research analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. Finally, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

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.