Toyota Motor Corporation $TM Shares Sold by Callan Family Office LLC

Callan Family Office LLC lowered its position in shares of Toyota Motor Corporation (NYSE:TM) by 12.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,686 shares of the company’s stock after selling 2,328 shares during the quarter. Callan Family Office LLC’s holdings in Toyota Motor were worth $3,189,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of TM. Atlantic Union Bankshares Corp lifted its stake in shares of Toyota Motor by 3,500.0% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 324 shares of the company’s stock worth $62,000 after purchasing an additional 315 shares during the period. Jones Financial Companies Lllp increased its stake in Toyota Motor by 9.3% in the third quarter. Jones Financial Companies Lllp now owns 9,137 shares of the company’s stock valued at $1,809,000 after purchasing an additional 781 shares during the last quarter. Meridian Wealth Management LLC acquired a new position in Toyota Motor in the third quarter valued at $230,000. Hazlett Burt & Watson Inc. lifted its position in Toyota Motor by 48.9% during the third quarter. Hazlett Burt & Watson Inc. now owns 761 shares of the company’s stock worth $148,000 after buying an additional 250 shares during the period. Finally, Keybank National Association OH boosted its stake in Toyota Motor by 14.9% in the 3rd quarter. Keybank National Association OH now owns 2,659 shares of the company’s stock worth $508,000 after buying an additional 345 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TM shares. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, January 21st. Zacks Research lowered shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Thursday, January 22nd. Finally, Wall Street Zen cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a research note on Sunday, November 16th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Toyota Motor Stock Performance

Shares of TM stock opened at $231.28 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 1.10 and a debt-to-equity ratio of 0.61. The company has a market cap of $311.63 billion, a PE ratio of 10.19 and a beta of 0.62. The company’s fifty day simple moving average is $215.68 and its 200-day simple moving average is $202.94. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $235.64.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.36 by $1.49. Toyota Motor had a return on equity of 12.32% and a net margin of 9.33%.The firm had revenue of $81.22 billion during the quarter, compared to the consensus estimate of $79.06 billion. As a group, equities research analysts anticipate that Toyota Motor Corporation will post 19.76 EPS for the current year.

About Toyota Motor

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.