Wilkinson Global Asset Management LLC Reduces Stake in Toyota Motor Corporation (NYSE:TM)

Wilkinson Global Asset Management LLC reduced its position in Toyota Motor Corporation (NYSE:TM - Free Report) by 2.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294,462 shares of the company's stock after selling 6,051 shares during the quarter. Toyota Motor accounts for approximately 3.3% of Wilkinson Global Asset Management LLC's investment portfolio, making the stock its 14th largest holding. Wilkinson Global Asset Management LLC's holdings in Toyota Motor were worth $51,981,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Private Trust Co. NA raised its holdings in Toyota Motor by 143.9% in the first quarter. Private Trust Co. NA now owns 139 shares of the company's stock worth $25,000 after purchasing an additional 82 shares in the last quarter. Wood Tarver Financial Group LLC bought a new position in Toyota Motor in the fourth quarter worth about $29,000. Parvin Asset Management LLC bought a new position in Toyota Motor in the fourth quarter worth about $32,000. Wayfinding Financial LLC bought a new position in Toyota Motor in the first quarter worth about $41,000. Finally, ORG Wealth Partners LLC bought a new position in Toyota Motor in the first quarter worth about $47,000. 1.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TM. Sanford C. Bernstein began coverage on Toyota Motor in a research note on Monday, April 14th. They set a "market perform" rating on the stock. DZ Bank lowered Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, May 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, Toyota Motor currently has an average rating of "Hold".

Toyota Motor Stock Down 0.1%

Shares of TM stock traded down $0.21 during trading hours on Wednesday, reaching $169.81. 399,926 shares of the company's stock were exchanged, compared to its average volume of 397,573. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $205.15. The stock has a market cap of $228.80 billion, a PE ratio of 7.51 and a beta of 0.61. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 0.62. The stock's fifty day moving average price is $179.90 and its two-hundred day moving average price is $182.48.

Toyota Motor (NYSE:TM - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $3.39 EPS for the quarter, beating analysts' consensus estimates of $2.92 by $0.47. The firm had revenue of $81.09 billion for the quarter, compared to analyst estimates of $78.47 billion. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. Research analysts predict that Toyota Motor Corporation will post 19.76 EPS for the current year.

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.