Toyota Motor Corporation (NYSE:TM) Shares Sold by Wilkinson Global Asset Management LLC

Wilkinson Global Asset Management LLC lessened its position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 294,462 shares of the company's stock after selling 6,051 shares during the quarter. Toyota Motor comprises approximately 3.3% of Wilkinson Global Asset Management LLC's portfolio, making the stock its 14th largest position. 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 have also recently made changes to their positions in TM. Private Trust Co. NA grew its stake in shares of Toyota Motor by 143.9% during 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 purchased a new stake in shares of Toyota Motor in the fourth quarter valued at about $29,000. Parvin Asset Management LLC purchased a new stake in shares of Toyota Motor in the fourth quarter valued at about $32,000. Wayfinding Financial LLC purchased a new stake in shares of Toyota Motor in the first quarter valued at about $41,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of Toyota Motor in the first quarter valued at about $47,000. Hedge funds and other institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Up 0.9%

Toyota Motor stock traded up $1.52 during midday trading on Monday, hitting $171.78. 133,718 shares of the stock were exchanged, compared to its average volume of 395,534. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $208.21. The firm has a market cap of $231.46 billion, a P/E ratio of 7.60 and a beta of 0.61. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.26 and a quick ratio of 1.10. The company has a 50 day moving average price of $180.75 and a two-hundred day moving average price of $182.76.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $3.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.92 by $0.47. The firm had revenue of $81.09 billion for the quarter, compared to the consensus estimate of $78.47 billion. Toyota Motor had a net margin of 9.89% and a return on equity of 13.01%. On average, sell-side analysts predict that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on TM shares. DZ Bank cut shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. Sanford C. Bernstein assumed coverage on shares of Toyota Motor in a research note on Monday, April 14th. They set a "market perform" rating for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold".

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.