Generali Investments CEE investicni spolecnost a.s. Sells 7,681 Shares of Toyota Motor Corporation $TM

Generali Investments CEE investicni spolecnost a.s. cut its position in shares of Toyota Motor Corporation (NYSE:TM) by 23.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,639 shares of the company’s stock after selling 7,681 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Toyota Motor were worth $5,488,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in shares of Toyota Motor during the 3rd quarter worth approximately $26,000. Palisade Asset Management LLC bought a new position in shares of Toyota Motor in the third quarter valued at approximately $49,000. Bangor Savings Bank increased its position in shares of Toyota Motor by 27.8% during the third quarter. Bangor Savings Bank now owns 267 shares of the company’s stock valued at $51,000 after acquiring an additional 58 shares during the last quarter. Richardson Financial Services Inc. increased its position in shares of Toyota Motor by 134.4% during the third quarter. Richardson Financial Services Inc. now owns 286 shares of the company’s stock valued at $55,000 after acquiring an additional 164 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Toyota Motor during the second quarter worth $53,000. 1.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on TM shares. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, January 21st. DZ Bank upgraded Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Zacks Research raised shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 3rd. Finally, BNP Paribas Exane initiated coverage on shares of Toyota Motor in a research report on Thursday, February 12th. They set an “outperform” rating and a $290.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Toyota Motor has a consensus rating of “Moderate Buy” and a consensus price target of $290.00.

Toyota Motor Price Performance

TM opened at $206.83 on Friday. The firm has a 50-day moving average price of $228.25 and a 200-day moving average price of $212.81. Toyota Motor Corporation has a twelve month low of $155.00 and a twelve month high of $248.90. The company has a quick ratio of 1.12, a current ratio of 1.26 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $269.57 billion, a price-to-earnings ratio of 10.90 and a beta of 0.60.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Friday, February 6th. The company reported $6.26 EPS for the quarter, beating analysts’ consensus estimates of $4.35 by $1.91. Toyota Motor had a net margin of 7.32% and a return on equity of 9.67%. The company had revenue of $76.37 billion for the quarter, compared to analysts’ expectations of $82 billion. Equities analysts expect that Toyota Motor Corporation will post 19.76 EPS for the current year.

Toyota Motor Company Profile

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.