Five Oceans Advisors Trims Stake in Toyota Motor Co. (NYSE:TM)

Five Oceans Advisors lessened its holdings in shares of Toyota Motor Co. (NYSE:TM) by 32.9% during the 4th quarter, HoldingsChannel reports. The fund owned 3,474 shares of the company’s stock after selling 1,705 shares during the quarter. Five Oceans Advisors’ holdings in Toyota Motor were worth $676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of TM. Highline Wealth Partners LLC bought a new position in Toyota Motor in the 3rd quarter worth $27,000. Jamison Private Wealth Management Inc. raised its stake in shares of Toyota Motor by 300.0% in the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after buying an additional 126 shares during the period. Modus Advisors LLC purchased a new position in shares of Toyota Motor during the 4th quarter valued at about $31,000. Trust Co. of Vermont lifted its position in shares of Toyota Motor by 113.3% during the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after buying an additional 85 shares in the last quarter. Finally, Grove Bank & Trust bought a new position in shares of Toyota Motor during the 3rd quarter valued at approximately $32,000. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Down 1.1 %

TM opened at $188.89 on Friday. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23. The stock has a market cap 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 firm’s fifty day moving average is $182.80 and its 200 day moving average is $180.68.

Toyota Motor (NYSE:TM) last released its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The business 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, sell-side analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a report 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.