D.A. Davidson & CO. Sells 242 Shares of Toyota Motor Corp (TM)

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D.A. Davidson & CO. decreased its position in Toyota Motor Corp (NYSE:TM) by 8.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,718 shares of the company’s stock after selling 242 shares during the quarter. D.A. Davidson & CO.’s holdings in Toyota Motor were worth $316,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of TM. Credit Suisse AG raised its stake in shares of Toyota Motor by 90.2% in the third quarter. Credit Suisse AG now owns 18,775 shares of the company’s stock worth $2,335,000 after buying an additional 8,903 shares during the period. Crossmark Global Holdings Inc. raised its stake in shares of Toyota Motor by 9.4% in the third quarter. Crossmark Global Holdings Inc. now owns 175,662 shares of the company’s stock worth $21,844,000 after buying an additional 15,158 shares during the period. Accuvest Global Advisors bought a new position in shares of Toyota Motor in the third quarter worth about $525,000. Enterprise Financial Services Corp raised its stake in shares of Toyota Motor by 17.3% in the fourth quarter. Enterprise Financial Services Corp now owns 570 shares of the company’s stock worth $66,000 after buying an additional 84 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Toyota Motor in the third quarter worth about $214,000. 0.69% of the stock is currently owned by institutional investors.

Several analysts recently issued reports on the company. ValuEngine cut Toyota Motor from a “hold” rating to a “sell” rating in a research report on Friday. Zacks Investment Research upgraded Toyota Motor from a “hold” rating to a “buy” rating and set a $138.00 target price for the company in a research report on Tuesday, February 5th. Jefferies Financial Group upgraded Toyota Motor from a “hold” rating to a “buy” rating in a research report on Thursday, December 6th. JPMorgan Chase & Co. upgraded Toyota Motor from a “neutral” rating to an “overweight” rating in a research report on Monday, November 19th. Finally, Bank of America upgraded Toyota Motor from a “neutral” rating to a “buy” rating in a research report on Monday, October 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $134.00.

NYSE:TM opened at $117.31 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.00 and a quick ratio of 0.89. Toyota Motor Corp has a 12-month low of $111.12 and a 12-month high of $139.14. The stock has a market cap of $172.35 billion, a P/E ratio of 7.80, a price-to-earnings-growth ratio of 1.63 and a beta of 0.70.

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Toyota Motor Company Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates through Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius, Alphard, Vellfire, Sienta, RX-HV, Auris, Prius PHV, C-HR, LC, Camry, JPN TAXI, Avalon, Corolla HB, Crown, and Century names; fuel cell vehicles under the MIRAI and SORA names; and conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, Vitz, Aygo, Prius C, Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, and Yaris iA names.

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

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