Wilkinson Global Asset Management LLC Lowers Holdings in Toyota Motor Co. (NYSE:TM)

Wilkinson Global Asset Management LLC cut its position in Toyota Motor Co. (NYSE:TM - Free Report) by 3.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 305,733 shares of the company's stock after selling 9,318 shares during the period. Toyota Motor accounts for approximately 3.3% of Wilkinson Global Asset Management LLC's investment portfolio, making the stock its 12th biggest holding. Wilkinson Global Asset Management LLC's holdings in Toyota Motor were worth $54,595,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TM. Highline Wealth Partners LLC bought a new position in Toyota Motor in the 3rd quarter valued at $27,000. Pathway Financial Advisers LLC purchased a new stake in Toyota Motor during the first quarter worth about $30,000. Jamison Private Wealth Management Inc. raised its position in Toyota Motor by 300.0% in the third 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. POM Investment Strategies LLC grew its position in shares of Toyota Motor by 292.1% during the 2nd quarter. POM Investment Strategies LLC now owns 149 shares of the company's stock valued at $31,000 after acquiring an additional 111 shares during the period. Finally, Grove Bank & Trust purchased a new stake in shares of Toyota Motor during the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 1.48% of the company's stock.

Toyota Motor Stock Performance

TM stock traded up $3.01 during midday trading on Thursday, reaching $178.16. 436,892 shares of the company's stock traded hands, compared to its average volume of 323,014. The company has a 50-day moving average price of $177.40 and a two-hundred day moving average price of $194.36. The firm has a market capitalization of $240.06 billion, a PE ratio of 7.09, a price-to-earnings-growth ratio of 0.30 and a beta of 0.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing analysts' consensus estimates 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 net margin of 10.70% and a return on equity of 14.28%. As a group, equities analysts anticipate 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.