Toyota Motor Co. (NYSE:TM) Position Boosted by AE Wealth Management LLC

AE Wealth Management LLC increased its position in shares of Toyota Motor Co. (NYSE:TM) by 16.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,001 shares of the company’s stock after buying an additional 143 shares during the quarter. AE Wealth Management LLC’s holdings in Toyota Motor were worth $205,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pathway Financial Advisers LLC acquired a new stake in shares of Toyota Motor during the 1st quarter valued at about $30,000. POM Investment Strategies LLC increased its holdings in Toyota Motor by 292.1% in the second quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock valued at $31,000 after purchasing an additional 111 shares during the last quarter. Mather Group LLC. increased its stake in shares of Toyota Motor by 113.9% in the 2nd quarter. Mather Group LLC. now owns 169 shares of the company’s stock valued at $35,000 after acquiring an additional 90 shares during the last quarter. Richardson Financial Services Inc. acquired a new stake in Toyota Motor in the fourth quarter worth $37,000. Finally, Field & Main Bank raised its stake in Toyota Motor by 300.0% during the 2nd quarter. Field & Main Bank now owns 180 shares of the company’s stock worth $37,000 after buying an additional 135 shares during the period. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Stock Down 3.5 %

Toyota Motor stock opened at $182.82 on Friday. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23. The firm has a market capitalization of $246.34 billion, a PE ratio of 7.20, a P/E/G ratio of 0.34 and a beta of 0.68. The company’s 50-day moving average is $182.09 and its 200-day moving average is $207.80. 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 (NYSE:TM) last posted its quarterly earnings data on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, topping the consensus estimate of $4.01 by $2.34. The firm had revenue of $75.94 billion for the quarter, compared to analysts’ expectations of $72.48 billion. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. During the same quarter last year, the business earned $7.05 EPS. Sell-side analysts anticipate that Toyota Motor Co. will post 20.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.