Toyota Motor Co. (NYSE:TM) Shares Sold by Concord Wealth Partners

Concord Wealth Partners lowered its position in shares of Toyota Motor Co. (NYSE:TM) by 38.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 203 shares of the company’s stock after selling 127 shares during the period. Concord Wealth Partners’ holdings in Toyota Motor were worth $40,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Advisors LLC raised its position in Toyota Motor by 3.8% in the third quarter. Stratos Wealth Advisors LLC now owns 1,759 shares of the company’s stock valued at $314,000 after purchasing an additional 65 shares during the period. Abel Hall LLC increased its position in shares of Toyota Motor by 5.6% during the 3rd quarter. Abel Hall LLC now owns 1,274 shares of the company’s stock worth $227,000 after purchasing an additional 67 shares during the last quarter. Avior Wealth Management LLC raised its holdings in Toyota Motor by 4.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,662 shares of the company’s stock valued at $324,000 after buying an additional 67 shares during the period. Commerce Bank lifted its position in Toyota Motor by 2.3% in the third quarter. Commerce Bank now owns 3,214 shares of the company’s stock valued at $574,000 after buying an additional 73 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its position in Toyota Motor by 3.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 2,462 shares of the company’s stock valued at $440,000 after buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Down 1.1 %

NYSE:TM opened at $188.89 on Friday. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The stock’s fifty day moving average is $182.80 and its two-hundred day moving average is $180.68. The stock has a market capitalization of $254.51 billion, a price-to-earnings ratio of 8.97, a price-to-earnings-growth ratio of 0.36 and a beta of 0.63. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61.

Toyota Motor (NYSE:TM) last posted its 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). The firm had revenue of $76.92 billion for the quarter, compared to analyst estimates of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. Research analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

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.