Capital Advisors Wealth Management LLC trimmed its position in shares of Toyota Motor Co. (NYSE:TM – Free Report) by 29.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,449 shares of the company’s stock after selling 615 shares during the quarter. Capital Advisors Wealth Management LLC’s holdings in Toyota Motor were worth $282,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of TM. Stifel Financial Corp raised its holdings in shares of Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after buying an additional 21,092 shares during the period. Fisher Asset Management LLC grew its position in Toyota Motor by 2.4% in the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after acquiring an additional 160,720 shares during the last quarter. Atom Investors LP bought a new position in Toyota Motor in the 3rd quarter valued at $841,000. FNY Investment Advisers LLC purchased a new stake in Toyota Motor in the fourth quarter worth $1,167,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Toyota Motor during the third quarter worth $664,000. Institutional investors own 1.48% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th.
Toyota Motor Stock Performance
Toyota Motor stock opened at $181.30 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23. The company has a market capitalization of $244.29 billion, a PE ratio of 8.61, a P/E/G ratio of 0.35 and a beta of 0.63. The company has a 50 day moving average price of $180.03 and a 200-day moving average price of $182.17. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23.
Toyota Motor (NYSE:TM – Get Free Report) last issued its earnings results 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 for the quarter, compared to the consensus estimate of $79.78 billion. As a group, equities analysts forecast that Toyota Motor Co. will post 19.9 earnings per share for the current year.
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.
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