SG Americas Securities LLC Reduces Stock Holdings in Toyota Motor Co. (NYSE:TM)

SG Americas Securities LLC trimmed its holdings in Toyota Motor Co. (NYSE:TM) by 38.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,139 shares of the company’s stock after selling 1,333 shares during the period. SG Americas Securities LLC’s holdings in Toyota Motor were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Captrust Financial Advisors increased its position in Toyota Motor by 109.1% during the first quarter. Captrust Financial Advisors now owns 437,732 shares of the company’s stock worth $110,168,000 after buying an additional 228,434 shares in the last quarter. HITE Hedge Asset Management LLC increased its position in Toyota Motor by 1,415.4% during the 2nd quarter. HITE Hedge Asset Management LLC now owns 119,184 shares of the company’s stock worth $24,429,000 after purchasing an additional 111,319 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Toyota Motor in the 2nd quarter valued at about $16,603,000. 1832 Asset Management L.P. lifted its holdings in Toyota Motor by 90.8% in the 1st quarter. 1832 Asset Management L.P. now owns 92,900 shares of the company’s stock valued at $23,381,000 after purchasing an additional 44,200 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Toyota Motor by 523.1% during the 2nd quarter. NewEdge Advisors LLC now owns 29,624 shares of the company’s stock worth $6,072,000 after purchasing an additional 24,870 shares during the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Stock Performance

Shares of NYSE TM opened at $171.53 on Friday. 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 $231.12 billion, a PE ratio of 6.95, a price-to-earnings-growth ratio of 0.31 and a beta of 0.68. The company has a 50-day simple moving average of $179.45 and a 200-day simple moving average of $200.73. Toyota Motor Co. has a 12 month low of $159.04 and a 12 month high of $255.23.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, beating the consensus estimate of $4.01 by $2.34. Toyota Motor had a return on equity of 14.28% and a net margin of 10.70%. The company had revenue of $75.94 billion during the quarter, compared to the consensus estimate of $72.48 billion. During the same period in the previous year, the firm posted $7.05 EPS. On average, equities analysts anticipate that Toyota Motor Co. will post 21.7 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.