TD Asset Management Inc Sells 190 Shares of Toyota Motor Co. (NYSE:TM)

TD Asset Management Inc reduced its stake in shares of Toyota Motor Co. (NYSE:TM) by 12.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,353 shares of the company’s stock after selling 190 shares during the period. TD Asset Management Inc’s holdings in Toyota Motor were worth $277,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CIBC Private Wealth Group LLC raised its stake in Toyota Motor by 385.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 934,796 shares of the company’s stock worth $171,423,000 after buying an additional 742,409 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Toyota Motor by 109.1% in the 1st quarter. Captrust Financial Advisors now owns 437,732 shares of the company’s stock worth $110,168,000 after acquiring an additional 228,434 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Toyota Motor by 2.8% in the 4th quarter. Fisher Asset Management LLC now owns 6,210,385 shares of the company’s stock valued at $1,138,861,000 after purchasing an additional 169,627 shares during the period. New Age Alpha Advisors LLC bought a new stake in shares of Toyota Motor during the 4th quarter valued at about $12,910,000. Finally, 1832 Asset Management L.P. acquired a new stake in Toyota Motor during the fourth quarter worth approximately $8,931,000. 1.48% of the stock is owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

Shares of TM opened at $175.39 on Monday. The stock has a 50-day moving average of $186.49 and a 200-day moving average of $211.91. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.18 and a quick ratio of 1.02. The company has a market cap of $236.32 billion, a PE ratio of 6.91, a P/E/G ratio of 0.37 and a beta of 0.68.

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

Analyst Upgrades and Downgrades

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

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.