EP Wealth Advisors LLC Sells 311 Shares of Toyota Motor Co. (NYSE:TM)

EP Wealth Advisors LLC reduced its stake in shares of Toyota Motor Co. (NYSE:TM) by 10.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,586 shares of the company’s stock after selling 311 shares during the period. EP Wealth Advisors LLC’s holdings in Toyota Motor were worth $503,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trust Co. of Vermont increased its holdings in Toyota Motor by 113.3% during the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares in the last quarter. Parvin Asset Management LLC bought a new position in shares of Toyota Motor in the fourth quarter valued at approximately $32,000. Roxbury Financial LLC bought a new position in shares of Toyota Motor in the fourth quarter valued at approximately $41,000. Newbridge Financial Services Group Inc. bought a new position in shares of Toyota Motor in the fourth quarter valued at approximately $42,000. Finally, GPS Wealth Strategies Group LLC grew its holdings in shares of Toyota Motor by 800.0% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock valued at $44,000 after acquiring an additional 200 shares in the last quarter. 1.48% of the stock is owned by institutional investors.

Toyota Motor Price Performance

Toyota Motor stock opened at $187.52 on Monday. Toyota Motor Co. has a 12 month low of $155.00 and a 12 month high of $221.09. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64. The business’s 50 day simple moving average is $182.12 and its 200 day simple moving average is $181.38. The company has a market cap of $252.67 billion, a price-to-earnings ratio of 7.74, a PEG ratio of 0.35 and a beta of 0.67.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $3.39 EPS for the quarter, beating the consensus estimate of $2.92 by $0.47. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. The business had revenue of $81.09 billion for the quarter, compared to the consensus estimate of $11,956.52 billion. Sell-side analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on TM. CLSA lowered Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. Finally, Sanford C. Bernstein assumed coverage on Toyota Motor in a report on Monday, April 14th. They issued a “market perform” rating for the company. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus 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.