Callan Family Office LLC Sells 2,288 Shares of Toyota Motor Corporation (NYSE:TM)

Key Points

• Callan Family Office LLC reduced its holdings in Toyota Motor Corporation by 28.3%, selling 2,288 shares during the first quarter to end up with 5,797 shares, valued at $1,023,000.
• DZ Bank downgraded Toyota Motor from a strong-buy to a strong sell rating, contributing to a consensus rating of "Hold" assessed by various equity analysts.
• Toyota's latest quarterly earnings report reflected $4.47 EPS, missing estimates by $0.20, while the firm achieved revenue of $83.13 billion, surpassing expectations of $81.73 billion.

Callan Family Office LLC cut its holdings in Toyota Motor Corporation (NYSE:TM - Free Report) by 28.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,797 shares of the company's stock after selling 2,288 shares during the period. Callan Family Office LLC's holdings in Toyota Motor were worth $1,023,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of TM. Private Trust Co. NA lifted its stake in Toyota Motor by 143.9% in the first quarter. Private Trust Co. NA now owns 139 shares of the company's stock valued at $25,000 after purchasing an additional 82 shares during the last quarter. Wood Tarver Financial Group LLC purchased a new position in Toyota Motor in the fourth quarter valued at approximately $29,000. Parvin Asset Management LLC purchased a new position in Toyota Motor in the fourth quarter valued at approximately $32,000. AlphaCore Capital LLC purchased a new position in Toyota Motor in the first quarter valued at approximately $37,000. Finally, Wayfinding Financial LLC purchased a new position in Toyota Motor in the first quarter valued at approximately $41,000. 1.48% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, DZ Bank downgraded Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Toyota Motor presently has a consensus rating of "Hold".

Toyota Motor Price Performance

Toyota Motor stock opened at $193.94 on Wednesday. Toyota Motor Corporation has a 12 month low of $155.00 and a 12 month high of $201.00. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.62. The business's 50 day simple moving average is $177.92 and its 200 day simple moving average is $181.56. The company has a market cap of $261.32 billion, a price-to-earnings ratio of 9.35 and a beta of 0.64.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $4.47 EPS for the quarter, missing the consensus estimate of $4.67 by ($0.20). The firm had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $81.73 billion. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. Sell-side analysts forecast that Toyota Motor Corporation will post 19.76 EPS for the current 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.

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