Steward Partners Investment Advisory LLC Reduces Stake in Toyota Motor Co. (NYSE:TM)

Steward Partners Investment Advisory LLC reduced its stake in Toyota Motor Co. (NYSE:TM) by 8.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,091 shares of the company’s stock after selling 954 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Toyota Motor were worth $1,964,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Meridian Wealth Management LLC purchased a new position in shares of Toyota Motor during the 4th quarter worth $244,000. Sage Rhino Capital LLC grew its holdings in shares of Toyota Motor by 8.2% during the 4th quarter. Sage Rhino Capital LLC now owns 4,131 shares of the company’s stock worth $804,000 after purchasing an additional 314 shares during the period. Mission Wealth Management LP grew its holdings in shares of Toyota Motor by 8.2% during the 4th quarter. Mission Wealth Management LP now owns 2,638 shares of the company’s stock worth $513,000 after purchasing an additional 201 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of Toyota Motor by 63.4% during the 4th quarter. Jones Financial Companies Lllp now owns 4,370 shares of the company’s stock worth $851,000 after purchasing an additional 1,695 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Toyota Motor by 142.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 4,364 shares of the company’s stock worth $854,000 after purchasing an additional 2,563 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday, February 5th. Finally, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Toyota Motor Trading Up 1.4 %

TM opened at $190.20 on Friday. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The company has a market cap of $256.27 billion, a P/E ratio of 7.85, a PEG ratio of 0.35 and a beta of 0.63. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. The business’s 50-day simple moving average is $186.23 and its 200-day simple moving average is $180.48.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. As a group, equities research analysts expect that Toyota Motor Co. will post 19.76 EPS for the current fiscal 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.