Drive Wealth Management LLC Has $333,000 Holdings in Toyota Motor Co. (NYSE:TM)

Drive Wealth Management LLC cut its position in shares of Toyota Motor Co. (NYSE:TM) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,711 shares of the company’s stock after selling 85 shares during the quarter. Drive Wealth Management LLC’s holdings in Toyota Motor were worth $333,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Highline Wealth Partners LLC bought a new position in Toyota Motor during the third quarter worth $27,000. Jamison Private Wealth Management Inc. boosted its stake in Toyota Motor by 300.0% during the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock worth $30,000 after acquiring an additional 126 shares in the last quarter. Modus Advisors LLC bought a new position in Toyota Motor during the fourth quarter worth $31,000. Trust Co. of Vermont boosted its stake in Toyota Motor by 113.3% during the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares in the last quarter. Finally, Grove Bank & Trust bought a new position in Toyota Motor during the third quarter worth $32,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

Toyota Motor Stock Down 0.1 %

Toyota Motor stock opened at $186.50 on Tuesday. Toyota Motor Co. has a 1-year low of $159.04 and a 1-year high of $255.23. The firm has a market capitalization of $251.29 billion, a price-to-earnings ratio of 8.86, a price-to-earnings-growth ratio of 0.36 and a beta of 0.63. The firm’s fifty day moving average price is $181.45 and its two-hundred day moving average price is $180.97. The company has a current ratio of 1.23, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61.

Toyota Motor (NYSE:TM) last announced its earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing the consensus estimate of $4.39 by ($1.49). The firm had revenue of $76.92 billion during 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, equities research analysts predict that Toyota Motor Co. will post 19.9 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.