First Trust Direct Indexing L.P. Cuts Stock Position in Toyota Motor Co. (NYSE:TM)

First Trust Direct Indexing L.P. trimmed its holdings in Toyota Motor Co. (NYSE:TM) by 0.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,043 shares of the company’s stock after selling 159 shares during the period. First Trust Direct Indexing L.P.’s holdings in Toyota Motor were worth $4,793,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its stake in Toyota Motor by 88.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 23,549 shares of the company’s stock valued at $4,233,000 after acquiring an additional 11,036 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Toyota Motor by 9.2% in the third quarter. LPL Financial LLC now owns 44,944 shares of the company’s stock worth $8,079,000 after purchasing an additional 3,791 shares during the last quarter. Toronto Dominion Bank lifted its position in shares of Toyota Motor by 174.4% in the third quarter. Toronto Dominion Bank now owns 428 shares of the company’s stock worth $77,000 after buying an additional 272 shares in the last quarter. Glenmede Trust Co. NA boosted its stake in Toyota Motor by 13.1% during the third quarter. Glenmede Trust Co. NA now owns 3,734 shares of the company’s stock valued at $671,000 after buying an additional 432 shares during the last quarter. Finally, AXQ Capital LP bought a new position in Toyota Motor during the third quarter valued at approximately $234,000. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Trading Up 0.0 %

Shares of NYSE:TM traded up $0.04 during trading on Thursday, reaching $206.25. The company’s stock had a trading volume of 212,267 shares, compared to its average volume of 325,133. The stock has a market capitalization of $277.91 billion, a PE ratio of 8.12, a price-to-earnings-growth ratio of 0.35 and a beta of 0.68. Toyota Motor Co. has a 12 month low of $157.50 and a 12 month high of $255.23. The company has a current ratio of 1.19, a quick ratio of 1.03 and a debt-to-equity ratio of 0.60. The firm’s 50 day simple moving average is $213.35 and its two-hundred day simple moving average is $217.71.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $4.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.91 by $2.08. The business had revenue of $74.56 billion during the quarter, compared to analyst estimates of $67.21 billion. Toyota Motor had a return on equity of 14.82% and a net margin of 10.99%. On average, research analysts predict that Toyota Motor Co. will post 22.07 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Erste Group Bank reaffirmed a “hold” rating on shares of Toyota Motor in a report on Friday, June 14th.

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.