Toyota Motor Co. (NYSE:TM) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its position in Toyota Motor Co. (NYSE:TM) by 4.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,200 shares of the company’s stock after selling 961 shares during the period. Cetera Investment Advisers’ holdings in Toyota Motor were worth $4,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Pathway Financial Advisers LLC purchased a new position in Toyota Motor during the first quarter worth approximately $30,000. POM Investment Strategies LLC lifted its position in 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 buying an additional 111 shares in the last quarter. Mather Group LLC. lifted its position in Toyota Motor by 113.9% during the second quarter. Mather Group LLC. now owns 169 shares of the company’s stock worth $35,000 after buying an additional 90 shares in the last quarter. Richardson Financial Services Inc. purchased a new position in Toyota Motor during the fourth quarter worth approximately $37,000. Finally, Field & Main Bank lifted its position in Toyota Motor by 300.0% during the second quarter. Field & Main Bank now owns 180 shares of the company’s stock worth $37,000 after buying an additional 135 shares in the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

Toyota Motor Price Performance

NYSE:TM opened at $174.00 on Thursday. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $234.45 billion, a P/E ratio of 6.85, a P/E/G ratio of 0.31 and a beta of 0.68. The stock’s fifty day moving average is $179.59 and its two-hundred day moving average is $204.42.

Toyota Motor (NYSE:TM) last posted its earnings results on Thursday, August 1st. The company reported $6.35 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $2.34. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. The company had revenue of $75.94 billion for the quarter, compared to the consensus estimate of $72.48 billion. During the same quarter in the previous year, the business earned $7.05 earnings per share. Equities analysts expect that Toyota Motor Co. will post 21.7 EPS for the current year.

Analysts Set New Price Targets

Separately, Erste Group Bank reiterated a “hold” rating on shares of Toyota Motor in a research report on Friday, June 14th.

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.