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

Toyota Motor Co. (NYSE:TM) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 605,400 shares, a drop of 22.3% from the October 15th total of 779,100 shares. Based on an average daily trading volume, of 371,500 shares, the short-interest ratio is currently 1.6 days. Approximately 0.1% of the company’s stock are sold short.

Toyota Motor Stock Down 0.4 %

Shares of TM traded down $0.64 during trading hours on Friday, hitting $172.84. The company had a trading volume of 282,329 shares, compared to its average volume of 369,572. Toyota Motor has a 52-week low of $159.04 and a 52-week high of $255.23. The firm has a fifty day moving average price of $175.80 and a 200-day moving average price of $191.69. The stock has a market capitalization of $232.89 billion, a price-to-earnings ratio of 8.21, a P/E/G ratio of 0.30 and a beta of 0.68. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The firm had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. On average, equities research analysts forecast that Toyota Motor will post 21.7 EPS for the current fiscal year.

Institutional Investors Weigh In On Toyota Motor

Institutional investors have recently modified their holdings of the business. Highline Wealth Partners LLC purchased a new position in shares of Toyota Motor in the 3rd quarter worth $27,000. Pathway Financial Advisers LLC bought a new position in Toyota Motor in the first quarter valued at about $30,000. Jamison Private Wealth Management Inc. boosted its position in Toyota Motor by 300.0% in the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after purchasing an additional 126 shares during the last quarter. POM Investment Strategies LLC grew its stake in shares of Toyota Motor by 292.1% during the 2nd quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock valued at $31,000 after purchasing an additional 111 shares during the period. Finally, Grove Bank & Trust purchased a new stake in shares of Toyota Motor during the 3rd quarter valued at about $32,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

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.