Legacy Wealth Asset Management LLC Lowers Stake in Toyota Motor Co. (NYSE:TM)

Legacy Wealth Asset Management LLC cut its stake in Toyota Motor Co. (NYSE:TM) by 1.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,752 shares of the company’s stock after selling 189 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Toyota Motor were worth $2,092,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in TM. Stifel Financial Corp raised its stake in shares of Toyota Motor by 7.3% during the 3rd quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock worth $55,632,000 after acquiring an additional 21,092 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Toyota Motor by 2.4% in the third quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock worth $1,207,571,000 after purchasing an additional 160,720 shares during the last quarter. Atom Investors LP acquired a new position in shares of Toyota Motor during the third quarter worth $841,000. FNY Investment Advisers LLC purchased a new stake in shares of Toyota Motor during the 4th quarter valued at $1,167,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Toyota Motor in the 3rd quarter worth $664,000. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Down 1.9 %

TM stock opened at $181.30 on Friday. The stock has a market capitalization of $244.29 billion, a PE ratio of 8.61, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The firm has a 50 day moving average of $180.03 and a 200 day moving average of $182.17.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing the consensus estimate of $4.39 by ($1.49). The company 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%. Sell-side analysts forecast that Toyota Motor Co. will post 19.9 earnings per share for the current year.

Analyst Ratings Changes

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

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.