Toyota Motor Co. (NYSE:TM) Short Interest Update

Toyota Motor Co. (NYSE:TM) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 748,900 shares, a decline of 15.1% from the December 31st total of 881,700 shares. Based on an average daily volume of 394,700 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.1% of the shares of the stock are sold short.

Toyota Motor Price Performance

TM stock traded down $2.09 during midday trading on Friday, hitting $188.89. The company’s stock had a trading volume of 420,213 shares, compared to its average volume of 366,945. The firm has a market capitalization of $254.51 billion, a price-to-earnings ratio of 8.97, a price-to-earnings-growth ratio of 0.36 and a beta of 0.63. 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 has a 12 month low of $159.04 and a 12 month high of $255.23. The company has a 50 day moving average of $182.80 and a two-hundred day moving average of $180.68.

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

Institutional Trading of Toyota Motor

Large investors have recently made changes to their positions in the business. Stifel Financial Corp boosted its stake in shares of Toyota Motor by 7.3% during the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after purchasing an additional 21,092 shares during the period. Fisher Asset Management LLC increased its stake in Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after purchasing an additional 160,720 shares during the period. Atom Investors LP bought a new stake in shares of Toyota Motor during the third quarter worth $841,000. FNY Investment Advisers LLC bought a new position in Toyota Motor in the 4th quarter worth about $1,167,000. Finally, Moran Wealth Management LLC increased its holdings in Toyota Motor by 62.4% during the 3rd quarter. Moran Wealth Management LLC now owns 27,433 shares of the company’s stock worth $4,899,000 after purchasing an additional 10,545 shares during the period. 1.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

Toyota Motor Company 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.