Bradley Foster & Sargent Inc. CT Cuts Position in Toyota Motor Co. (NYSE:TM)

Bradley Foster & Sargent Inc. CT lessened its holdings in Toyota Motor Co. (NYSE:TM) by 11.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,154 shares of the company’s stock after selling 403 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Toyota Motor were worth $614,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stifel Financial Corp boosted its stake in shares of Toyota Motor by 7.3% in the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after buying an additional 21,092 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Toyota Motor by 2.4% in the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after buying an additional 160,720 shares during the last quarter. Atom Investors LP purchased a new position in shares of Toyota Motor in the 3rd quarter worth approximately $841,000. FNY Investment Advisers LLC purchased a new position in shares of Toyota Motor in the 4th quarter worth approximately $1,167,000. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Toyota Motor in the 4th quarter worth approximately $2,140,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TM. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Finally, Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th.

Toyota Motor Price Performance

Shares of NYSE TM opened at $177.16 on Friday. The stock has a fifty day simple moving average of $185.78 and a two-hundred day simple moving average of $179.89. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The firm has a market cap of $238.70 billion, a price-to-earnings ratio of 7.31, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Analysts anticipate that Toyota Motor Co. will post 19.76 earnings per share for the current year.

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.