Pitcairn Co. Sells 649 Shares of Toyota Motor Co. (NYSE:TM)

Pitcairn Co. lessened its position in Toyota Motor Co. (NYSE:TM) by 12.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 4,478 shares of the company’s stock after selling 649 shares during the period. Pitcairn Co.’s holdings in Toyota Motor were worth $800,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Russell Investments Group Ltd. increased its stake in Toyota Motor by 58.1% during the 1st quarter. Russell Investments Group Ltd. now owns 1,477 shares of the company’s stock valued at $372,000 after purchasing an additional 543 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of Toyota Motor by 14.5% during the first quarter. Advisors Asset Management Inc. now owns 1,301 shares of the company’s stock worth $327,000 after acquiring an additional 165 shares in the last quarter. Epoch Investment Partners Inc. acquired a new stake in shares of Toyota Motor in the 1st quarter worth about $309,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Toyota Motor by 3.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 56,532 shares of the company’s stock worth $14,228,000 after acquiring an additional 1,886 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its position in Toyota Motor by 16.4% in the 1st quarter. Janus Henderson Group PLC now owns 3,306 shares of the company’s stock valued at $832,000 after acquiring an additional 465 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Shares of TM opened at $174.40 on Monday. The firm has a market capitalization of $234.99 billion, a P/E ratio of 8.29, a P/E/G ratio of 0.30 and a beta of 0.68. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The stock has a 50 day moving average price of $175.69 and a two-hundred day moving average price of $189.39. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The company had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. Equities analysts forecast that Toyota Motor Co. will post 21.7 earnings per share for the current fiscal 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.