Kestra Private Wealth Services LLC Sells 223 Shares of Toyota Motor Co. (NYSE:TM)

Kestra Private Wealth Services LLC reduced its holdings in Toyota Motor Co. (NYSE:TMGet Rating) by 15.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,233 shares of the company’s stock after selling 223 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Toyota Motor were worth $222,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. BNP Paribas Arbitrage SA increased its position in shares of Toyota Motor by 139.9% during the fourth quarter. BNP Paribas Arbitrage SA now owns 1,727 shares of the company’s stock valued at $320,000 after buying an additional 1,007 shares during the period. Bank of Montreal Can lifted its stake in shares of Toyota Motor by 1.8% in the 4th quarter. Bank of Montreal Can now owns 58,578 shares of the company’s stock valued at $10,892,000 after purchasing an additional 1,032 shares during the period. Renaissance Technologies LLC boosted its position in shares of Toyota Motor by 56.2% during the fourth quarter. Renaissance Technologies LLC now owns 48,100 shares of the company’s stock valued at $8,913,000 after purchasing an additional 17,300 shares in the last quarter. Eagle Asset Management Inc. grew its stake in Toyota Motor by 3.1% in the fourth quarter. Eagle Asset Management Inc. now owns 8,037 shares of the company’s stock worth $1,479,000 after purchasing an additional 245 shares during the period. Finally, Schroder Investment Management Group raised its holdings in Toyota Motor by 36.5% in the fourth quarter. Schroder Investment Management Group now owns 6,614 shares of the company’s stock worth $122,000 after purchasing an additional 1,770 shares in the last quarter. 1.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TM has been the topic of a number of research reports. UBS Group dropped their target price on shares of Toyota Motor from 2,500.00 to 2,300.00 in a report on Wednesday, July 13th. StockNews.com cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Friday, August 12th. JPMorgan Chase & Co. upgraded shares of Toyota Motor from a “neutral” rating to an “overweight” rating in a report on Tuesday, May 31st. Macquarie downgraded Toyota Motor from an “outperform” rating to a “neutral” rating in a research note on Friday, July 15th. Finally, Jefferies Financial Group boosted their target price on Toyota Motor from $177.49 to $179.41 and gave the stock a “hold” rating in a report on Thursday, July 7th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Toyota Motor presently has an average rating of “Moderate Buy” and an average target price of $1,239.71.

Toyota Motor Trading Down 2.2 %

NYSE:TM opened at $137.58 on Thursday. Toyota Motor Co. has a 52 week low of $137.57 and a 52 week high of $213.74. The stock has a market cap of $192.33 billion, a price-to-earnings ratio of 8.29, a PEG ratio of 1.11 and a beta of 0.53. The company’s 50 day moving average price is $153.17 and its 200-day moving average price is $161.21. The company has a quick ratio of 0.92, a current ratio of 1.10 and a debt-to-equity ratio of 0.60.

Toyota Motor Profile

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Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names.

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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