Etesian Wealth Advisors Inc. Sells 577 Shares of Toyota Motor Corporation (NYSE:TM)

Etesian Wealth Advisors Inc. trimmed its holdings in Toyota Motor Corporation (NYSE:TM) by 14.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,396 shares of the company’s stock after selling 577 shares during the quarter. Etesian Wealth Advisors Inc.’s holdings in Toyota Motor were worth $599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Wood Tarver Financial Group LLC purchased a new stake in Toyota Motor in the fourth quarter worth about $29,000. Parvin Asset Management LLC bought a new stake in shares of Toyota Motor in the 4th quarter worth approximately $32,000. ORG Wealth Partners LLC purchased a new stake in shares of Toyota Motor in the 1st quarter worth approximately $47,000. IFP Advisors Inc grew its stake in shares of Toyota Motor by 39.5% in the 4th quarter. IFP Advisors Inc now owns 318 shares of the company’s stock worth $62,000 after buying an additional 90 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its position in Toyota Motor by 77.3% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 399 shares of the company’s stock valued at $70,000 after buying an additional 174 shares in the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Trading Up 0.9%

NYSE:TM opened at $170.76 on Friday. The stock has a market cap of $230.08 billion, a price-to-earnings ratio of 7.55 and a beta of 0.65. The company has a quick ratio of 1.10, a current ratio of 1.26 and a debt-to-equity ratio of 0.62. The company’s 50 day moving average price is $183.91 and its 200-day moving average price is $183.21. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $208.86.

Toyota Motor (NYSE:TM) last issued its earnings results on Thursday, May 8th. The company reported $3.39 EPS for the quarter, beating the consensus estimate of $2.92 by $0.47. The business had revenue of $81.09 billion for the quarter, compared to the consensus estimate of $78.47 billion. Toyota Motor had a return on equity of 13.01% and a net margin of 9.89%. On average, equities research analysts forecast that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TM has been the topic of a number of recent research reports. Sanford C. Bernstein started coverage on Toyota Motor in a research note on Monday, April 14th. They issued a “market perform” rating on the stock. DZ Bank cut shares of Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, May 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.