Etesian Wealth Advisors Inc. Sells 1,522 Shares of Toyota Motor Co. (NYSE:TM)

Etesian Wealth Advisors Inc. lowered its stake in Toyota Motor Co. (NYSE:TM) by 27.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,973 shares of the company’s stock after selling 1,522 shares during the period. Etesian Wealth Advisors Inc.’s holdings in Toyota Motor were worth $773,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Stratos Wealth Advisors LLC boosted its stake in shares of Toyota Motor by 3.8% in the third quarter. Stratos Wealth Advisors LLC now owns 1,759 shares of the company’s stock valued at $314,000 after buying an additional 65 shares during the period. Abel Hall LLC lifted its position in shares of Toyota Motor by 5.6% during the 3rd quarter. Abel Hall LLC now owns 1,274 shares of the company’s stock valued at $227,000 after acquiring an additional 67 shares during the period. Avior Wealth Management LLC grew its holdings in shares of Toyota Motor by 4.2% during the 4th quarter. Avior Wealth Management LLC now owns 1,662 shares of the company’s stock worth $324,000 after purchasing an additional 67 shares in the last quarter. Commerce Bank increased its position in shares of Toyota Motor by 2.3% in the third quarter. Commerce Bank now owns 3,214 shares of the company’s stock worth $574,000 after purchasing an additional 73 shares during the period. Finally, Prime Capital Investment Advisors LLC lifted its position in Toyota Motor by 3.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 2,462 shares of the company’s stock worth $440,000 after purchasing an additional 78 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Price Performance

TM stock opened at $195.62 on Thursday. The stock has a market cap of $263.59 billion, a price-to-earnings ratio of 9.29, a P/E/G ratio of 0.36 and a beta of 0.63. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. The company has a 50 day simple moving average of $183.25 and a 200 day simple moving average of $180.15. Toyota Motor Co. has a 1 year low of $159.04 and a 1 year high of $255.23.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. Research analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TM shares. CLSA cut shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research report on Wednesday. StockNews.com upgraded shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, Macquarie raised Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday.

About Toyota Motor

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.