Toyota Motor Co. (NYSE:TM) Position Lessened by Simplicity Solutions LLC

Simplicity Solutions LLC lowered its position in Toyota Motor Co. (NYSE:TM) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,038 shares of the company’s stock after selling 118 shares during the quarter. Simplicity Solutions LLC’s holdings in Toyota Motor were worth $374,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Qube Research & Technologies Ltd bought a new stake in shares of Toyota Motor in the 3rd quarter valued at approximately $25,000. Coppell Advisory Solutions LLC acquired a new position in shares of Toyota Motor during the 2nd quarter worth $25,000. Lazard Asset Management LLC raised its holdings in shares of Toyota Motor by 1,563.6% during the 2nd quarter. Lazard Asset Management LLC now owns 183 shares of the company’s stock valued at $29,000 after purchasing an additional 172 shares in the last quarter. Byrne Asset Management LLC raised its holdings in shares of Toyota Motor by 105.6% during the 3rd quarter. Byrne Asset Management LLC now owns 185 shares of the company’s stock valued at $33,000 after purchasing an additional 95 shares in the last quarter. Finally, NBC Securities Inc. acquired a new stake in shares of Toyota Motor in the 3rd quarter valued at $38,000. 1.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. StockNews.com lowered Toyota Motor from a “buy” rating to a “hold” rating in a report on Friday, January 19th. Nomura lowered Toyota Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st.

Toyota Motor Price Performance

Shares of Toyota Motor stock opened at $228.81 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.57. The firm has a fifty day simple moving average of $239.94 and a 200-day simple moving average of $205.77. The stock has a market capitalization of $310.00 billion, a price-to-earnings ratio of 9.75, a PEG ratio of 0.34 and a beta of 0.69. Toyota Motor Co. has a 1-year low of $133.02 and a 1-year high of $255.23.

Toyota Motor (NYSE:TM) last released its earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, topping analysts’ consensus estimates of $3.66 by $3.15. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. The firm had revenue of $81.54 billion during the quarter, compared to analyst estimates of $73.72 billion. On average, sell-side analysts expect that Toyota Motor Co. will post 23.06 earnings per share for the current year.

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.