HighPoint Advisor Group LLC Trims Stake in Toyota Motor Co. (NYSE:TM)

HighPoint Advisor Group LLC reduced its stake in Toyota Motor Co. (NYSE:TM) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Modus Advisors LLC bought a new stake in shares of Toyota Motor during the 4th quarter valued at $31,000. Trust Co. of Vermont boosted its stake 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 acquiring an additional 85 shares in the last quarter. Roxbury Financial LLC purchased a new stake in Toyota Motor in the fourth quarter worth about $41,000. Newbridge Financial Services Group Inc. bought a new position in shares of Toyota Motor during the fourth quarter valued at approximately $42,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of Toyota Motor by 800.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock valued at $44,000 after purchasing an additional 200 shares during the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Price Performance

Shares of NYSE TM opened at $174.34 on Wednesday. The company has a 50 day moving average of $185.51 and a 200 day moving average of $181.00. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $248.47. The firm has a market cap of $234.91 billion, a P/E ratio of 7.20, a PEG ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating 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, research analysts expect that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. CLSA downgraded Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. Finally, StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

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.