Capital Investment Counsel Inc Sells 66 Shares of Toyota Motor Co. (NYSE:TM)

Capital Investment Counsel Inc trimmed its stake in Toyota Motor Co. (NYSE:TM) by 5.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,172 shares of the company’s stock after selling 66 shares during the quarter. Capital Investment Counsel Inc’s holdings in Toyota Motor were worth $228,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of TM. Highline Wealth Partners LLC bought a new position in Toyota Motor in the third quarter valued at approximately $27,000. Modus Advisors LLC bought a new position in Toyota Motor in the fourth quarter valued at approximately $31,000. Trust Co. of Vermont grew its stake in Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after purchasing an additional 85 shares in the last quarter. Roxbury Financial LLC bought a new position in Toyota Motor in the fourth quarter valued at approximately $41,000. Finally, Newbridge Financial Services Group Inc. bought a new position in Toyota Motor in the fourth quarter valued at approximately $42,000. 1.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TM has been the subject of a number of analyst reports. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Finally, CLSA downgraded Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th.

Toyota Motor Stock Performance

Shares of NYSE TM opened at $177.16 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23. The stock has a 50 day moving average of $185.78 and a 200-day moving average of $179.81. The company has a market capitalization of $238.70 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.35 and a beta of 0.63.

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

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.