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

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

Toyota Motor Price Performance

Toyota Motor stock traded down $0.64 during midday trading on Friday, reaching $172.84. The company had a trading volume of 282,329 shares, compared to its average volume of 369,572. Toyota Motor has a 12-month low of $159.04 and a 12-month high of $255.23. The firm’s fifty day simple moving average is $175.80 and its 200-day simple moving average is $191.44. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. The company has a market capitalization of $232.89 billion, a P/E ratio of 8.21, a P/E/G ratio of 0.30 and a beta of 0.68.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The firm had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. As a group, equities analysts anticipate that Toyota Motor will post 21.7 EPS for the current year.

Hedge Funds Weigh In On Toyota Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TM. International Assets Investment Management LLC increased its stake in Toyota Motor by 34,303.6% during the third quarter. International Assets Investment Management LLC now owns 417,660 shares of the company’s stock worth $74,582,000 after acquiring an additional 416,446 shares during the last quarter. Mediolanum International Funds Ltd acquired a new stake in shares of Toyota Motor during the 3rd quarter worth about $58,660,000. Captrust Financial Advisors raised its holdings in Toyota Motor by 109.1% in the 1st quarter. Captrust Financial Advisors now owns 437,732 shares of the company’s stock valued at $110,168,000 after buying an additional 228,434 shares during the period. Fisher Asset Management LLC boosted its stake in Toyota Motor by 2.4% during the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after buying an additional 160,720 shares during the period. Finally, HITE Hedge Asset Management LLC increased its position in shares of Toyota Motor by 1,415.4% during the second quarter. HITE Hedge Asset Management LLC now owns 119,184 shares of the company’s stock valued at $24,429,000 after acquiring an additional 111,319 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

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.