Lindbrook Capital LLC Reduces Stock Position in Toyota Motor Co. (NYSE:TM)

Lindbrook Capital LLC reduced its stake in Toyota Motor Co. (NYSE:TM) by 14.0% in the third quarter, Holdings Channel.com reports. The fund owned 2,016 shares of the company’s stock after selling 328 shares during the period. Lindbrook Capital LLC’s holdings in Toyota Motor were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in TM. Assetmark Inc. raised its position in shares of Toyota Motor by 6.2% in the third quarter. Assetmark Inc. now owns 10,774 shares of the company’s stock worth $1,924,000 after buying an additional 627 shares in the last quarter. Physicians Financial Services Inc. boosted its position in shares of Toyota Motor by 6.9% during the 3rd quarter. Physicians Financial Services Inc. now owns 3,722 shares of the company’s stock valued at $665,000 after acquiring an additional 240 shares during the last quarter. Gold Investment Management Ltd. grew its holdings in shares of Toyota Motor by 1.1% during the third quarter. Gold Investment Management Ltd. now owns 11,332 shares of the company’s stock worth $2,039,000 after purchasing an additional 127 shares in the last quarter. Martin Investment Management LLC increased its position in shares of Toyota Motor by 2.3% in the third quarter. Martin Investment Management LLC now owns 120,654 shares of the company’s stock worth $21,545,000 after purchasing an additional 2,690 shares during the last quarter. Finally, Optas LLC raised its stake in Toyota Motor by 21.1% in the third quarter. Optas LLC now owns 2,150 shares of the company’s stock valued at $384,000 after purchasing an additional 374 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor Stock Performance

NYSE TM opened at $172.03 on Friday. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The company has a fifty day moving average of $176.86 and a 200-day moving average of $193.85. The company has a market capitalization of $231.80 billion, a P/E ratio of 8.17, a P/E/G ratio of 0.31 and a beta of 0.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The firm had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. Toyota Motor had a return on equity of 12.03% and a net margin of 9.17%. As a group, equities research analysts predict that Toyota Motor Co. will post 21.7 EPS for the current fiscal 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.