XY Capital Ltd Has $3.44 Million Stock Position in Toyota Motor Corporation (NYSE:TM)

Key Points

• XY Capital Ltd reduced its stake in Toyota Motor Corporation by 26.1%, now holding 19,467 shares valued at approximately $3.44 million.
• Other institutional investors showed significant activity, with GAMMA Investing LLC boosting its position in Toyota by 22,846.4% during the first quarter.
• Toyota reported better-than-expected quarterly earnings, with an EPS of $3.39 compared to a consensus estimate of $2.92, and revenue of $81.09 billion.

XY Capital Ltd reduced its position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 26.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,467 shares of the company's stock after selling 6,879 shares during the period. Toyota Motor accounts for approximately 1.0% of XY Capital Ltd's holdings, making the stock its 12th biggest position. XY Capital Ltd's holdings in Toyota Motor were worth $3,437,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its position in shares of Toyota Motor by 22,846.4% in the first quarter. GAMMA Investing LLC now owns 491,283 shares of the company's stock valued at $86,726,000 after acquiring an additional 489,142 shares during the period. Northern Trust Corp increased its position in Toyota Motor by 66.5% during the fourth quarter. Northern Trust Corp now owns 961,403 shares of the company's stock worth $187,099,000 after acquiring an additional 384,149 shares during the period. Captrust Financial Advisors raised its stake in Toyota Motor by 166.3% during the 4th quarter. Captrust Financial Advisors now owns 374,864 shares of the company's stock valued at $72,952,000 after purchasing an additional 234,078 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Toyota Motor in the 4th quarter valued at $26,203,000. Finally, FMR LLC grew its position in Toyota Motor by 14.3% in the 4th quarter. FMR LLC now owns 563,437 shares of the company's stock worth $109,651,000 after purchasing an additional 70,644 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Trading Down 1.4%

TM stock opened at $181.37 on Friday. The business has a fifty day moving average price of $177.91 and a 200 day moving average price of $181.52. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.26 and a quick ratio of 1.10. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $201.00. The stock has a market capitalization of $244.39 billion, a price-to-earnings ratio of 8.02 and a beta of 0.64.

Toyota Motor (NYSE:TM - Get Free Report) last issued 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 business 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%. Analysts expect that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TM. Sanford C. Bernstein started coverage on Toyota Motor in a research note on Monday, April 14th. They issued a "market perform" rating for the company. DZ Bank lowered shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, Toyota Motor currently has an average 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.

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