First Trust Direct Indexing L.P. Trims Holdings in Toyota Motor Co. (NYSE:TM)

First Trust Direct Indexing L.P. trimmed its stake in shares of Toyota Motor Co. (NYSE:TM - Free Report) by 15.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,394 shares of the company's stock after selling 3,183 shares during the quarter. First Trust Direct Indexing L.P.'s holdings in Toyota Motor were worth $3,106,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Captrust Financial Advisors raised its stake in Toyota Motor by 109.1% during the first quarter. Captrust Financial Advisors now owns 437,732 shares of the company's stock valued at $110,168,000 after buying an additional 228,434 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Toyota Motor by 34,303.6% during the third quarter. International Assets Investment Management LLC now owns 417,660 shares of the company's stock valued at $74,582,000 after purchasing an additional 416,446 shares during the period. Mediolanum International Funds Ltd bought a new stake in shares of Toyota Motor during the third quarter valued at about $58,660,000. Dimensional Fund Advisors LP lifted its holdings in Toyota Motor by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 250,149 shares of the company's stock worth $51,273,000 after purchasing an additional 3,680 shares during the period. Finally, American Century Companies Inc. increased its stake in Toyota Motor by 8.0% during the 2nd quarter. American Century Companies Inc. now owns 207,072 shares of the company's stock valued at $42,444,000 after buying an additional 15,404 shares during the period. Institutional investors own 1.48% of the company's stock.

Toyota Motor Price Performance

Shares of NYSE:TM traded down $0.38 during trading on Wednesday, reaching $175.65. The company had a trading volume of 70,628 shares, compared to its average volume of 321,290. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18. The firm has a market capitalization of $236.67 billion, a PE ratio of 7.13, a price-to-earnings-growth ratio of 0.30 and a beta of 0.68. The firm's fifty day moving average is $178.62 and its 200 day moving average is $196.64.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share (EPS) for the quarter, topping 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 previous year, the business posted $7.05 earnings per share. On average, equities analysts forecast that Toyota Motor Co. will post 21.7 EPS for the current 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.

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