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

CLSA downgraded shares of Toyota Motor (NYSE:TM) from an outperform rating to a hold rating in a report issued on Wednesday morning, MarketBeat Ratings reports.

TM has been the subject of a number of other reports. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday.

Toyota Motor Price Performance

Shares of TM opened at $195.62 on Wednesday. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. The stock’s 50 day moving average is $183.25 and its two-hundred day moving average is $180.15. Toyota Motor has a twelve month low of $159.04 and a twelve month high of $255.23. The firm has a market capitalization of $263.59 billion, a PE ratio of 9.29, a P/E/G ratio of 0.36 and a beta of 0.63.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share 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%. Research analysts anticipate that Toyota Motor will post 19.76 earnings per share for the current year.

Institutional Trading of Toyota Motor

Several institutional investors and hedge funds have recently modified their holdings of the business. Highline Wealth Partners LLC purchased a new position in shares of Toyota Motor during the 3rd quarter worth approximately $27,000. Jamison Private Wealth Management Inc. grew its holdings in Toyota Motor by 300.0% during the 3rd 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 during the fourth quarter worth $31,000. Trust Co. of Vermont raised its holdings in shares of Toyota Motor by 113.3% in 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 during the last quarter. Finally, Grove Bank & Trust purchased a new stake in shares of Toyota Motor in the third quarter valued at $32,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

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.