Kathmere Capital Management LLC Sells 76 Shares of Toyota Motor Co. (NYSE:TM)

Kathmere Capital Management LLC reduced its position in shares of Toyota Motor Co. (NYSE:TM) by 5.7% in the fourth quarter, Holdings Channel reports. The fund owned 1,250 shares of the company’s stock after selling 76 shares during the quarter. Kathmere Capital Management LLC’s holdings in Toyota Motor were worth $243,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of TM. Stifel Financial Corp lifted its position in Toyota Motor by 7.3% during the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock valued at $55,632,000 after purchasing an additional 21,092 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Toyota Motor by 2.4% during the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after buying an additional 160,720 shares in the last quarter. Atom Investors LP bought a new position in shares of Toyota Motor in the 3rd quarter valued at about $841,000. FNY Investment Advisers LLC purchased a new position in Toyota Motor in the fourth quarter worth about $1,167,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Toyota Motor during the third quarter worth approximately $664,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Trading Down 1.9 %

TM stock opened at $181.30 on Friday. The firm’s fifty day simple moving average is $180.03 and its two-hundred day simple moving average is $182.17. The stock has a market capitalization of $244.29 billion, a price-to-earnings ratio of 8.61, a price-to-earnings-growth ratio of 0.35 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 Co. has a twelve month low of $159.04 and a twelve month high of $255.23.

Toyota Motor (NYSE:TM) last posted 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). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The firm had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. As a group, analysts anticipate that Toyota Motor Co. will post 19.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Toyota Motor 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.