Cullen Frost Bankers Inc. Sells 384 Shares of Toyota Motor Co. (NYSE:TM)

Cullen Frost Bankers Inc. decreased its position in shares of Toyota Motor Co. (NYSE:TM) by 37.2% in the 4th quarter, HoldingsChannel reports. The firm owned 647 shares of the company’s stock after selling 384 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Toyota Motor were worth $119,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TM. International Assets Investment Management LLC bought a new stake in Toyota Motor during the fourth quarter worth about $31,855,000. Fisher Asset Management LLC lifted its position in Toyota Motor by 2.9% during the fourth quarter. Fisher Asset Management LLC now owns 6,213,105 shares of the company’s stock worth $1,139,359,000 after purchasing an additional 172,347 shares during the period. Natixis Advisors L.P. lifted its position in Toyota Motor by 113.5% during the third quarter. Natixis Advisors L.P. now owns 262,557 shares of the company’s stock worth $47,195,000 after purchasing an additional 139,582 shares during the period. QRG Capital Management Inc. bought a new stake in Toyota Motor during the third quarter worth about $10,839,000. Finally, Morgan Stanley lifted its position in Toyota Motor by 2.5% during the third quarter. Morgan Stanley now owns 1,623,169 shares of the company’s stock worth $291,765,000 after purchasing an additional 40,254 shares during the period. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Down 3.7 %

Shares of NYSE TM opened at $218.78 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.57. The company has a market cap of $296.41 billion, a price-to-earnings ratio of 9.32, a PEG ratio of 0.45 and a beta of 0.72. Toyota Motor Co. has a 12 month low of $135.15 and a 12 month high of $255.23. The stock has a 50-day moving average price of $238.85 and a two-hundred day moving average price of $211.35.

Wall Street Analysts Forecast Growth

TM has been the subject of several research analyst reports. Nomura downgraded Toyota Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. StockNews.com downgraded Toyota Motor from a “buy” rating to a “hold” rating in a research note on Friday, January 19th.

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.