Freedom Investment Management Inc. Sells 124 Shares of Toyota Motor Co. (NYSE:TM)

Freedom Investment Management Inc. reduced its position in shares of Toyota Motor Co. (NYSE:TM) by 7.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,480 shares of the company’s stock after selling 124 shares during the quarter. Freedom Investment Management Inc.’s holdings in Toyota Motor were worth $264,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its holdings in shares of Toyota Motor by 34,303.6% during the third quarter. International Assets Investment Management LLC now owns 417,660 shares of the company’s stock valued at $74,582,000 after buying an additional 416,446 shares during the last quarter. Mediolanum International Funds Ltd bought a new position in Toyota Motor in the 3rd quarter valued at approximately $58,660,000. Fisher Asset Management LLC boosted its stake in Toyota Motor by 2.4% during the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after purchasing an additional 160,720 shares during the last quarter. HITE Hedge Asset Management LLC increased its holdings in shares of Toyota Motor by 1,415.4% in the 2nd quarter. HITE Hedge Asset Management LLC now owns 119,184 shares of the company’s stock worth $24,429,000 after purchasing an additional 111,319 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of Toyota Motor in the second quarter worth $16,603,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Trading Up 0.5 %

Toyota Motor stock opened at $170.63 on Monday. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The business’s fifty day moving average is $174.98 and its 200 day moving average is $187.70. The stock has a market capitalization of $229.91 billion, a PE ratio of 8.11, a price-to-earnings-growth ratio of 0.30 and a beta of 0.68. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). The company had revenue of $76.92 billion for the quarter, compared to analysts’ expectations of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. On average, sell-side analysts predict that Toyota Motor Co. will post 21.56 EPS for the current year.

Toyota Motor 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.