Alaethes Wealth LLC Acquires 104 Shares of Toyota Motor Co. (NYSE:TM)

Alaethes Wealth LLC lifted its holdings in Toyota Motor Co. (NYSE:TM) by 1.4% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,549 shares of the company’s stock after acquiring an additional 104 shares during the quarter. Alaethes Wealth LLC’s holdings in Toyota Motor were worth $1,547,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Summit Trail Advisors LLC lifted its stake in Toyota Motor by 36.1% in the second quarter. Summit Trail Advisors LLC now owns 1,654 shares of the company’s stock worth $339,000 after purchasing an additional 439 shares during the last quarter. AE Wealth Management LLC lifted its stake in shares of Toyota Motor by 16.7% in the 2nd quarter. AE Wealth Management LLC now owns 1,001 shares of the company’s stock valued at $205,000 after acquiring an additional 143 shares during the last quarter. Callan Capital LLC grew its position in Toyota Motor by 8.4% during the 2nd quarter. Callan Capital LLC now owns 4,153 shares of the company’s stock worth $851,000 after acquiring an additional 321 shares during the last quarter. XTX Topco Ltd bought a new stake in Toyota Motor during the 2nd quarter valued at $201,000. Finally, Altrius Capital Management Inc boosted its position in Toyota Motor by 6.4% during the 2nd quarter. Altrius Capital Management Inc now owns 38,499 shares of the company’s stock valued at $7,891,000 after buying an additional 2,303 shares during the period. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Analyst Ratings Changes

Separately, Erste Group Bank reaffirmed a “hold” rating on shares of Toyota Motor in a research note on Friday, June 14th.

Toyota Motor Price Performance

Shares of TM stock opened at $184.10 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18. The firm has a market cap of $248.06 billion, a P/E ratio of 7.25, a P/E/G ratio of 0.37 and a beta of 0.68. The business’s 50 day moving average price is $183.89 and its 200-day moving average price is $210.10. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.01 by $2.34. Toyota Motor had a net margin of 10.70% and a return on equity of 14.28%. The business had revenue of $75.94 billion for the quarter, compared to the consensus estimate of $72.48 billion. During the same period in the previous year, the firm earned $7.05 EPS. On average, equities research analysts anticipate that Toyota Motor Co. will post 18.13 earnings per share for the current year.

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.