Lodestone Wealth Management LLC Has $467,000 Stake in Toyota Motor Co. (NYSE:TM)

Lodestone Wealth Management LLC cut its position in shares of Toyota Motor Co. (NYSE:TM) by 23.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,616 shares of the company’s stock after selling 808 shares during the quarter. Lodestone Wealth Management LLC’s holdings in Toyota Motor were worth $467,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC grew its holdings in Toyota Motor by 47.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 11,535 shares of the company’s stock worth $2,903,000 after acquiring an additional 3,723 shares during the period. 1832 Asset Management L.P. grew its stake in Toyota Motor by 90.8% during the first quarter. 1832 Asset Management L.P. now owns 92,900 shares of the company’s stock worth $23,381,000 after purchasing an additional 44,200 shares during the period. O Shaughnessy Asset Management LLC lifted its stake in Toyota Motor by 25.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 49,854 shares of the company’s stock valued at $12,547,000 after buying an additional 10,120 shares during the period. Blue Trust Inc. lifted its stake in Toyota Motor by 240.7% in the second quarter. Blue Trust Inc. now owns 4,368 shares of the company’s stock valued at $895,000 after buying an additional 3,086 shares during the period. Finally, Drake & Associates LLC bought a new position in shares of Toyota Motor during the 3rd quarter worth approximately $540,000. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Performance

NYSE:TM opened at $172.83 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.60. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The company has a fifty day moving average of $178.03 and a 200-day moving average of $195.57. The firm has a market capitalization of $232.87 billion, a P/E ratio of 7.00, a P/E/G ratio of 0.30 and a beta of 0.68.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data 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. The firm had revenue of $75.94 billion for the quarter, compared to analyst estimates of $72.48 billion. Toyota Motor had a net margin of 10.70% and a return on equity of 14.28%. During the same quarter in the prior year, the business earned $7.05 earnings per share. As a group, sell-side analysts anticipate that Toyota Motor Co. will post 21.7 EPS for the current 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.