Short Interest in Toyota Motor Co. (NYSE:TM) Decreases By 24.4%

Toyota Motor Co. (NYSE:TM) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 921,800 shares, a decline of 24.4% from the February 13th total of 1,220,000 shares. Based on an average trading volume of 391,300 shares, the short-interest ratio is currently 2.4 days. Currently, 0.1% of the shares of the company are short sold.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. CLSA lowered shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 4th.

Toyota Motor Stock Up 1.0 %

Toyota Motor stock opened at $190.27 on Wednesday. The firm has a fifty day moving average price of $185.25 and a two-hundred day moving average price of $180.52. Toyota Motor has a fifty-two week low of $159.04 and a fifty-two week high of $255.23. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The firm has a market cap of $256.37 billion, a price-to-earnings ratio of 7.86, a P/E/G ratio of 0.35 and a beta of 0.63.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. As a group, analysts forecast that Toyota Motor will post 19.76 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Toyota Motor by 14.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,438 shares of the company’s stock worth $1,058,000 after purchasing an additional 671 shares during the period. Wood Tarver Financial Group LLC acquired a new position in Toyota Motor in the fourth quarter worth about $29,000. Forum Financial Management LP raised its position in Toyota Motor by 29.9% in the fourth quarter. Forum Financial Management LP now owns 22,477 shares of the company’s stock worth $4,374,000 after purchasing an additional 5,180 shares in the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new position in Toyota Motor in the fourth quarter worth about $347,000. Finally, Vise Technologies Inc. raised its position in Toyota Motor by 11.0% in the fourth quarter. Vise Technologies Inc. now owns 10,903 shares of the company’s stock worth $2,122,000 after purchasing an additional 1,082 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Company 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.