B. Riley Wealth Advisors Inc. Decreases Stock Position in Toyota Motor Co. (NYSE:TM)

B. Riley Wealth Advisors Inc. lowered its position in shares of Toyota Motor Co. (NYSE:TM) by 2.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,742 shares of the company’s stock after selling 98 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Toyota Motor were worth $667,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TM. Highline Wealth Partners LLC purchased a new stake in Toyota Motor during the 3rd quarter worth $27,000. Jamison Private Wealth Management Inc. grew its stake in shares of Toyota Motor by 300.0% during the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after acquiring an additional 126 shares in the last quarter. POM Investment Strategies LLC increased its position in shares of Toyota Motor by 292.1% during 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 last quarter. Grove Bank & Trust acquired a new position in shares of Toyota Motor in the third quarter worth about $32,000. Finally, Field & Main Bank boosted its holdings in Toyota Motor by 300.0% in the second quarter. Field & Main Bank now owns 180 shares of the company’s stock valued at $37,000 after purchasing an additional 135 shares during the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

Toyota Motor Price Performance

TM stock opened at $173.62 on Thursday. The stock’s 50 day moving average is $173.71 and its two-hundred day moving average is $184.13. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The company has a market capitalization of $233.94 billion, a PE ratio of 8.25, a P/E/G ratio of 0.31 and a beta of 0.67. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61.

Toyota Motor (NYSE:TM) last released its quarterly 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). The company had revenue of $76.92 billion for the quarter, compared to analyst estimates of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. Analysts predict that Toyota Motor Co. will post 21.56 earnings per share for the current fiscal year.

Toyota Motor 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.