Toyota Motor (NYSE:TM) Downgraded to Hold Rating by CLSA

Toyota Motor (NYSE:TM) was downgraded by CLSA from an “outperform” rating to a “hold” rating in a report issued on Wednesday,Briefing.com Automated Import reports.

TM has been the subject of a number of other research reports. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a research report 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 3.9 %

Shares of NYSE:TM traded up $7.26 during trading on Wednesday, hitting $194.82. The company had a trading volume of 246,843 shares, compared to its average volume of 403,184. Toyota Motor has a one year low of $159.04 and a one year high of $255.23. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. The stock has a market cap of $262.50 billion, a price-to-earnings ratio of 9.26, a price-to-earnings-growth ratio of 0.36 and a beta of 0.63. The company has a fifty day simple moving average of $183.25 and a two-hundred day simple moving average of $180.15.

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 12.02% and a net margin of 9.17%. As a group, equities analysts forecast that Toyota Motor will post 19.76 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TM. Highline Wealth Partners LLC acquired a new stake in shares of Toyota Motor in the third quarter valued at $27,000. Jamison Private Wealth Management Inc. increased its holdings in Toyota Motor by 300.0% in the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after buying an additional 126 shares during the last quarter. Modus Advisors LLC purchased a new position in Toyota Motor in the fourth quarter valued at $31,000. Trust Co. of Vermont increased its holdings in Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after buying an additional 85 shares during the last quarter. Finally, Grove Bank & Trust purchased a new position in Toyota Motor in the third quarter valued at $32,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

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.