State Street Corp Has $4.35 Million Stock Holdings in Toyota Motor Co. (NYSE:TM)

State Street Corp reduced its stake in Toyota Motor Co. (NYSE:TM) by 1.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,353 shares of the company’s stock after selling 292 shares during the period. State Street Corp’s holdings in Toyota Motor were worth $4,349,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Highline Wealth Partners LLC bought a new stake in shares of Toyota Motor in the third quarter valued at approximately $27,000. Jamison Private Wealth Management Inc. lifted its holdings in shares of Toyota Motor by 300.0% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after acquiring an additional 126 shares during the period. Grove Bank & Trust acquired a new stake in shares of Toyota Motor during the 3rd quarter worth approximately $32,000. Asset Dedication LLC raised its position in Toyota Motor by 118.0% during the second quarter. Asset Dedication LLC now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 118 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of Toyota Motor by 188.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 294 shares of the company’s stock valued at $52,000 after purchasing an additional 192 shares in the last quarter. 1.48% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Toyota Motor from a “hold” rating to a “sell” rating in a research note on Friday.

Toyota Motor Stock Performance

Shares of Toyota Motor stock opened at $199.52 on Monday. The company’s 50 day moving average price is $175.42 and its two-hundred day moving average price is $182.79. The firm has a market capitalization of $268.84 billion, a P/E ratio of 9.48, a P/E/G ratio of 0.31 and a beta of 0.67. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. 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 released 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). The firm had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. On average, equities analysts forecast that Toyota Motor Co. will post 21.56 earnings per share for the current fiscal year.

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.