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

Toyota Motor Co. (NYSE:TM) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 1,430,000 shares, an increase of 45.9% from the March 15th total of 980,100 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 390,200 shares, the days-to-cover ratio is presently 3.7 days.

Institutional Investors Weigh In On Toyota Motor

A number of institutional investors have recently modified their holdings of the stock. Wood Tarver Financial Group LLC purchased a new stake in Toyota Motor during the 4th quarter valued at about $29,000. Modus Advisors LLC purchased a new stake in shares of Toyota Motor during the fourth quarter valued at approximately $31,000. Trust Co. of Vermont increased its position in shares of Toyota Motor by 113.3% during the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after acquiring an additional 85 shares in the last quarter. Parvin Asset Management LLC purchased a new position in Toyota Motor in the 4th quarter worth approximately $32,000. Finally, Roxbury Financial LLC bought a new position in Toyota Motor in the 4th quarter valued at approximately $41,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. CLSA cut Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Sanford C. Bernstein assumed coverage on Toyota Motor in a research report on Monday. They set a “market perform” rating on the stock. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Toyota Motor Stock Up 0.8 %

NYSE TM traded up $1.34 during trading hours on Friday, reaching $176.44. 330,044 shares of the company’s stock traded hands, compared to its average volume of 364,981. Toyota Motor has a 52-week low of $155.00 and a 52-week high of $235.68. 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 50-day simple moving average of $180.33 and a 200 day simple moving average of $179.79. The firm has a market cap of $237.74 billion, a PE ratio of 7.29, a PEG ratio of 0.35 and a beta of 0.64.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts anticipate that Toyota Motor will post 19.76 EPS for the current fiscal year.

About Toyota Motor

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.