Toyota Motor Corp (TM) Holdings Reduced by Physicians Financial Services Inc.

Physicians Financial Services Inc. lessened its stake in shares of Toyota Motor Corp (NYSE:TM) by 1.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,648 shares of the company’s stock after selling 100 shares during the quarter. Physicians Financial Services Inc.’s holdings in Toyota Motor were worth $656,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of TM. Lourd Capital LLC lifted its stake in shares of Toyota Motor by 1.4% during the 4th quarter. Lourd Capital LLC now owns 7,553 shares of the company’s stock worth $877,000 after acquiring an additional 104 shares during the last quarter. Legacy Financial Advisors Inc. grew its holdings in shares of Toyota Motor by 38.6% during the fourth quarter. Legacy Financial Advisors Inc. now owns 474 shares of the company’s stock worth $55,000 after purchasing an additional 132 shares during the last quarter. Moody National Bank Trust Division lifted its position in Toyota Motor by 0.9% in the fourth quarter. Moody National Bank Trust Division now owns 25,917 shares of the company’s stock valued at $3,008,000 after purchasing an additional 242 shares during the period. Cardinal Capital Management grew its stake in Toyota Motor by 1.9% in the 4th quarter. Cardinal Capital Management now owns 16,546 shares of the company’s stock worth $1,920,000 after acquiring an additional 303 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of Toyota Motor by 0.7% during the 4th quarter. Bank of Montreal Can now owns 49,989 shares of the company’s stock valued at $5,803,000 after acquiring an additional 357 shares in the last quarter. Hedge funds and other institutional investors own 0.69% of the company’s stock.

Shares of TM opened at $119.63 on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. Toyota Motor Corp has a fifty-two week low of $111.12 and a fifty-two week high of $138.68. The stock has a market capitalization of $175.73 billion, a P/E ratio of 7.95, a PEG ratio of 1.63 and a beta of 0.70.

Several research analysts have recently commented on the stock. ValuEngine lowered shares of Toyota Motor from a “hold” rating to a “sell” rating in a research note on Friday, February 8th. Zacks Investment Research cut Toyota Motor from a “buy” rating to a “hold” rating in a research note on Friday, December 7th. JPMorgan Chase & Co. raised Toyota Motor from a “neutral” rating to an “overweight” rating in a report on Monday, November 19th. Jefferies Financial Group upgraded Toyota Motor from a “hold” rating to a “buy” rating in a report on Thursday, December 6th. Finally, Bank of America upgraded Toyota Motor from a “neutral” rating to a “buy” rating in a research note on Monday, October 22nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $134.00.

WARNING: “Toyota Motor Corp (TM) Holdings Reduced by Physicians Financial Services Inc.” was posted by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://www.baseballdailydigest.com/news/2019/02/14/toyota-motor-corp-tm-shares-sold-by-physicians-financial-services-inc.html.

About Toyota Motor

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.

See Also: Marijuana Stocks Future Looks Bright

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

Receive News & Ratings for Toyota Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toyota Motor and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply