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

Toyota Motor Co. (NYSE:TM) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 488,100 shares, a decline of 23.0% from the March 31st total of 633,700 shares. Based on an average trading volume of 298,000 shares, the short-interest ratio is currently 1.6 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TM. StockNews.com cut Toyota Motor from a “buy” rating to a “hold” rating in a report on Friday, January 19th. Nomura cut Toyota Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st.

Toyota Motor Price Performance

TM traded up $1.35 during trading on Friday, hitting $226.71. 242,281 shares of the stock traded hands, compared to its average volume of 269,303. Toyota Motor has a twelve month low of $134.25 and a twelve month high of $255.23. The company has a market cap of $307.15 billion, a price-to-earnings ratio of 9.66, a PEG ratio of 0.38 and a beta of 0.69. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 1.02. The business has a 50 day moving average price of $240.06 and a 200 day moving average price of $208.16.

Toyota Motor (NYSE:TM) last released its quarterly earnings data on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, beating the consensus estimate of $3.66 by $3.15. Toyota Motor had a return on equity of 14.13% and a net margin of 10.22%. The company had revenue of $81.54 billion for the quarter, compared to the consensus estimate of $73.72 billion. Equities research analysts forecast that Toyota Motor will post 22.85 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC raised its position in shares of Toyota Motor by 385.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock worth $171,423,000 after acquiring an additional 742,409 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Toyota Motor in the 4th quarter worth about $31,855,000. Fisher Asset Management LLC raised its position in shares of Toyota Motor by 2.9% in the 4th quarter. Fisher Asset Management LLC now owns 6,213,105 shares of the company’s stock worth $1,139,359,000 after acquiring an additional 172,347 shares in the last quarter. Natixis Advisors L.P. raised its position in shares of Toyota Motor by 113.5% in the 3rd quarter. Natixis Advisors L.P. now owns 262,557 shares of the company’s stock worth $47,195,000 after acquiring an additional 139,582 shares in the last quarter. Finally, New Age Alpha Advisors LLC bought a new position in shares of Toyota Motor in the 4th quarter worth about $12,910,000. 1.48% of the stock is owned by institutional investors and hedge funds.

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.