PNC Financial Services Group Inc. Decreases Stake in Toyota Motor Co. (NYSE:TM)

PNC Financial Services Group Inc. reduced its stake in Toyota Motor Co. (NYSE:TM) by 1.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,698 shares of the company’s stock after selling 327 shares during the period. PNC Financial Services Group Inc.’s holdings in Toyota Motor were worth $4,410,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Pathway Financial Advisers LLC bought a new stake in Toyota Motor in the first quarter worth $30,000. POM Investment Strategies LLC raised its stake in shares of Toyota Motor by 292.1% in the second quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock worth $31,000 after purchasing an additional 111 shares during the last quarter. Highline Wealth Partners LLC purchased a new position in shares of Toyota Motor in the third quarter worth $27,000. Jamison Private Wealth Management Inc. raised its stake in shares of Toyota Motor by 300.0% in the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after purchasing an additional 126 shares during the last quarter. Finally, Mather Group LLC. raised its stake in shares of Toyota Motor by 113.9% in the second quarter. Mather Group LLC. now owns 169 shares of the company’s stock worth $35,000 after purchasing an additional 90 shares during the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Stock Up 0.6 %

TM stock opened at $174.40 on Monday. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The business has a fifty day moving average price of $175.69 and a 200-day moving average price of $189.39. 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 stock has a market capitalization of $234.99 billion, a P/E ratio of 8.29, a P/E/G ratio of 0.30 and a beta of 0.68.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing the consensus estimate of $4.39 by ($1.49). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The business had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. Equities analysts forecast that Toyota Motor Co. will post 21.7 earnings per share for the current fiscal year.

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.