Janney Montgomery Scott LLC Lowers Position in Toyota Motor Co. (NYSE:TM)

Janney Montgomery Scott LLC cut its holdings in Toyota Motor Co. (NYSE:TM) by 8.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,586 shares of the company’s stock after selling 577 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Toyota Motor were worth $1,176,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its position in shares of Toyota Motor by 3.5% during the second quarter. GAMMA Investing LLC now owns 1,524 shares of the company’s stock valued at $312,000 after buying an additional 52 shares during the last quarter. Capital Advisors Wealth Management LLC increased its holdings in shares of Toyota Motor by 1.9% during the second quarter. Capital Advisors Wealth Management LLC now owns 2,899 shares of the company’s stock valued at $594,000 after acquiring an additional 55 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in shares of Toyota Motor by 4.5% during the second quarter. Ashton Thomas Private Wealth LLC now owns 1,419 shares of the company’s stock valued at $291,000 after acquiring an additional 61 shares in the last quarter. Epoch Investment Partners Inc. increased its holdings in shares of Toyota Motor by 5.3% during the second quarter. Epoch Investment Partners Inc. now owns 1,293 shares of the company’s stock valued at $265,000 after acquiring an additional 65 shares in the last quarter. Finally, Stratos Wealth Advisors LLC increased its holdings in shares of Toyota Motor by 3.8% during the third quarter. Stratos Wealth Advisors LLC now owns 1,759 shares of the company’s stock valued at $314,000 after acquiring an additional 65 shares in the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Stock Performance

TM opened at $172.79 on Friday. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The firm’s 50-day moving average price is $175.89 and its 200-day moving average price is $192.32. 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 company has a market cap of $232.82 billion, a P/E ratio of 8.21, a price-to-earnings-growth ratio of 0.30 and a beta of 0.68.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share 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 business had revenue of $76.92 billion during the quarter, compared to analyst estimates of $79.78 billion. As a group, equities analysts anticipate that Toyota Motor Co. will post 21.7 EPS for the current fiscal year.

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.