Cambridge Investment Research Advisors Inc. Sells 204 Shares of Toyota Motor Co. (NYSE:TM)

Cambridge Investment Research Advisors Inc. decreased its stake in shares of Toyota Motor Co. (NYSE:TM) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,252 shares of the company’s stock after selling 204 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Toyota Motor were worth $2,142,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TM. Fisher Asset Management LLC grew its holdings in shares of Toyota Motor by 4.3% during the second quarter. Fisher Asset Management LLC now owns 4,633,967 shares of the company’s stock worth $810,203,000 after buying an additional 190,642 shares in the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of Toyota Motor by 56.1% in the second quarter. O Shaughnessy Asset Management LLC now owns 22,307 shares of the company’s stock valued at $3,900,000 after purchasing an additional 8,021 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Toyota Motor by 9.6% in the first quarter. Bank of New York Mellon Corp now owns 19,179 shares of the company’s stock valued at $2,993,000 after purchasing an additional 1,673 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Toyota Motor by 71.1% in the first quarter. Bank of Montreal Can now owns 78,055 shares of the company’s stock worth $11,973,000 after purchasing an additional 32,439 shares in the last quarter. Finally, Boston Private Wealth LLC grew its position in Toyota Motor by 54.4% in the first quarter. Boston Private Wealth LLC now owns 5,398 shares of the company’s stock valued at $842,000 after purchasing an additional 1,902 shares in the last quarter. Institutional investors and hedge funds own 1.24% of the company’s stock.

NYSE:TM opened at $182.57 on Friday. Toyota Motor Co. has a twelve month low of $129.28 and a twelve month high of $185.99. The firm has a market capitalization of $255.23 billion, a price-to-earnings ratio of 9.19, a price-to-earnings-growth ratio of 0.39 and a beta of 0.55. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 0.56. The stock’s 50 day moving average price is $178.39 and its two-hundred day moving average price is $168.95.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, August 4th. The company reported $5.87 earnings per share for the quarter, beating the consensus estimate of $4.68 by $1.19. Toyota Motor had a net margin of 9.76% and a return on equity of 12.76%. The business had revenue of $72.50 billion during the quarter, compared to analysts’ expectations of $68.91 billion. As a group, analysts anticipate that Toyota Motor Co. will post 19.73 earnings per share for the current year.

Separately, Zacks Investment Research upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating and set a $206.00 price objective for the company in a research note on Tuesday, July 27th.

Toyota Motor Company Profile

Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive, Financial Services, and All Other. The Automotive segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories.

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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