Toyota Motor Co. (NYSE:TM) Short Interest Update

Toyota Motor Co. (NYSE:TM) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 488,100 shares, a decline of 23.0% from the March 31st total of 633,700 shares. Based on an average trading volume of 298,000 shares, the short-interest ratio is presently 1.6 days. Currently, 0.0% of the shares of the company are short sold.

Toyota Motor Price Performance

Toyota Motor stock traded up $1.35 during mid-day trading on Friday, hitting $226.71. The stock had a trading volume of 242,281 shares, compared to its average volume of 269,303. The firm has a market capitalization of $307.15 billion, a P/E ratio of 9.66, a P/E/G ratio of 0.38 and a beta of 0.69. 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’s 50 day moving average is $240.06 and its 200 day moving average is $208.16. Toyota Motor has a one year low of $134.25 and a one year high of $255.23.

Toyota Motor (NYSE:TM) last issued its earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share for the quarter, topping the consensus estimate of $3.66 by $3.15. The company had revenue of $81.54 billion during the quarter, compared to the consensus estimate of $73.72 billion. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. On average, sell-side analysts forecast that Toyota Motor will post 22.85 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Criterion Capital Advisors LLC bought a new position in shares of Toyota Motor during the 4th quarter valued at about $26,000. Byrne Asset Management LLC boosted 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 during the last quarter. Northwest Financial Advisors bought a new position in shares of Toyota Motor during the 4th quarter valued at about $34,000. Richardson Financial Services Inc. bought a new position in shares of Toyota Motor during the 4th quarter valued at about $37,000. Finally, Venturi Wealth Management LLC boosted its holdings in shares of Toyota Motor by 101.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 214 shares of the company’s stock valued at $38,000 after purchasing an additional 108 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TM. Nomura downgraded shares of Toyota Motor from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. StockNews.com downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.

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.