Northwest Bancshares Inc. Reduces Stock Holdings in Toyota Motor Co. (NYSE:TM)

Northwest Bancshares Inc. decreased its holdings in Toyota Motor Co. (NYSE:TM) by 3.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,778 shares of the company’s stock after selling 664 shares during the quarter. Northwest Bancshares Inc.’s holdings in Toyota Motor were worth $3,532,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TM. Highline Wealth Partners LLC purchased a new stake in Toyota Motor in the third quarter worth $27,000. Pathway Financial Advisers LLC purchased a new stake in Toyota Motor in the first quarter worth $30,000. Jamison Private Wealth Management Inc. lifted its stake in Toyota Motor by 300.0% in the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after acquiring an additional 126 shares during the period. POM Investment Strategies LLC lifted its stake in Toyota Motor by 292.1% in the second quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock worth $31,000 after acquiring an additional 111 shares during the period. Finally, Grove Bank & Trust purchased a new stake in Toyota Motor in the third quarter worth $32,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Shares of Toyota Motor stock opened at $175.40 on Wednesday. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $236.34 billion, a P/E ratio of 8.33, a P/E/G ratio of 0.30 and a beta of 0.68. The business has a fifty day simple moving average of $175.80 and a two-hundred day simple moving average of $190.64. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23.

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