First Trust Direct Indexing L.P. Has $3.52 Million Position in Toyota Motor Co. (NYSE:TM)

First Trust Direct Indexing L.P. increased its stake in shares of Toyota Motor Co. (NYSE:TM) by 16.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,202 shares of the company’s stock after purchasing an additional 2,726 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Toyota Motor were worth $3,521,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Hexagon Capital Partners LLC increased its position in Toyota Motor by 11.4% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,300 shares of the company’s stock worth $238,000 after purchasing an additional 133 shares in the last quarter. Savant Capital LLC acquired a new position in Toyota Motor during the 4th quarter worth approximately $260,000. Brighton Jones LLC increased its position in Toyota Motor by 9.1% in the 4th quarter. Brighton Jones LLC now owns 1,968 shares of the company’s stock valued at $361,000 after acquiring an additional 164 shares during the period. Penobscot Investment Management Company Inc. acquired a new position in Toyota Motor in the 4th quarter valued at approximately $202,000. Finally, Intrust Bank NA increased its position in Toyota Motor by 13.4% in the 4th quarter. Intrust Bank NA now owns 3,840 shares of the company’s stock valued at $704,000 after acquiring an additional 455 shares during the period. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Trading Down 0.2 %

NYSE TM traded down $0.48 on Wednesday, hitting $226.83. The company’s stock had a trading volume of 262,899 shares, compared to its average volume of 298,820. The company has a quick ratio of 1.02, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. Toyota Motor Co. has a 1-year low of $134.25 and a 1-year high of $255.23. The company’s 50-day moving average is $240.08 and its 200 day moving average is $208.83. The firm has a market cap of $307.31 billion, a PE ratio of 9.66, a PEG ratio of 0.38 and a beta of 0.69.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $6.81 EPS for the quarter, beating analysts’ consensus estimates of $3.66 by $3.15. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. The company had revenue of $81.54 billion for the quarter, compared to analyst estimates of $73.72 billion. As a group, analysts predict that Toyota Motor Co. will post 22.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

TM has been the subject of several recent research reports. StockNews.com cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Friday, January 19th. Nomura cut shares of Toyota Motor from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st.

Toyota Motor Company 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.