Raymond James & Associates Sells 2,028 Shares of Toyota Motor Co. (NYSE:TM)

Raymond James & Associates lessened its holdings in Toyota Motor Co. (NYSE:TM – Get Rating) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,073 shares of the company’s stock after selling 2,028 shares during the quarter. Raymond James & Associates’ holdings in Toyota Motor were worth $5,200,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of TM. D.A. Davidson & CO. grew its stake in Toyota Motor by 15.6% during the first quarter. D.A. Davidson & CO. now owns 1,448 shares of the company’s stock worth $261,000 after buying an additional 195 shares during the last quarter. Cibc World Market Inc. lifted its position in Toyota Motor by 34.0% during the 1st quarter. Cibc World Market Inc. now owns 25,609 shares of the company’s stock worth $4,616,000 after buying an additional 6,493 shares in the last quarter. Blair William & Co. IL acquired a new position in Toyota Motor during the 1st quarter worth about $234,000. Sequoia Financial Advisors LLC lifted its position in Toyota Motor by 9.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,740 shares of the company’s stock worth $674,000 after buying an additional 311 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in Toyota Motor by 6.6% during the 1st quarter. First Trust Advisors LP now owns 356,505 shares of the company’s stock worth $64,260,000 after buying an additional 22,142 shares in the last quarter.

Toyota Motor Stock Performance

Shares of Toyota Motor stock opened at $141.19 on Tuesday. The firm has a fifty day moving average of $137.95 and a two-hundred day moving average of $140.30. The stock has a market capitalization of $197.38 billion, a price-to-earnings ratio of 10.62, a PEG ratio of 0.86 and a beta of 0.62. Toyota Motor Co. has a 52 week low of $130.07 and a 52 week high of $170.37. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.93 and a current ratio of 1.10.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on TM. StockNews.com upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday, May 12th. TheStreet upgraded shares of Toyota Motor from a “c+” rating to a “b” rating in a research report on Monday, February 13th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,239.71.

About Toyota Motor

(Get Rating)

Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories.