Angeles Investment Advisors LLC Lowers Stock Position in Toyota Motor Co. (NYSE:TM)

Angeles Investment Advisors LLC lessened its holdings in Toyota Motor Co. (NYSE:TM) by 6.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,019 shares of the company’s stock after selling 65 shares during the quarter. Angeles Investment Advisors LLC’s holdings in Toyota Motor were worth $209,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its holdings in Toyota Motor by 0.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 981,028 shares of the company’s stock valued at $179,901,000 after purchasing an additional 8,197 shares in the last quarter. Marketfield Asset Management LLC boosted its stake in shares of Toyota Motor by 44.8% during the 4th quarter. Marketfield Asset Management LLC now owns 23,174 shares of the company’s stock worth $4,250,000 after acquiring an additional 7,170 shares in the last quarter. Fox Hill Wealth Management purchased a new stake in shares of Toyota Motor during the 1st quarter worth approximately $1,879,000. New Age Alpha Advisors LLC purchased a new stake in shares of Toyota Motor during the 4th quarter worth approximately $12,910,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Toyota Motor by 47.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,535 shares of the company’s stock worth $2,903,000 after acquiring an additional 3,723 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Price Performance

Shares of NYSE:TM opened at $176.21 on Tuesday. The business’s 50 day simple moving average is $185.92 and its 200-day simple moving average is $211.46. The firm has a market capitalization of $237.43 billion, a price-to-earnings ratio of 6.94, a price-to-earnings-growth ratio of 0.37 and a beta of 0.68. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.18 and a quick ratio of 1.02. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.01 by $2.34. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. The firm had revenue of $75.94 billion during the quarter, compared to the consensus estimate of $72.48 billion. During the same period in the previous year, the firm posted $7.05 EPS. As a group, equities analysts forecast that Toyota Motor Co. will post 18.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Erste Group Bank reissued a “hold” rating on shares of Toyota Motor in a research note 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.