River Wealth Advisors LLC decreased its position in Toyota Motor Corp (NYSE:TM) by 3.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 11,512 shares of the company’s stock after selling 431 shares during the period. River Wealth Advisors LLC’s holdings in Toyota Motor were worth $1,432,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Kiley Juergens Wealth Management LLC purchased a new stake in shares of Toyota Motor in the 2nd quarter valued at approximately $125,000. Stratos Wealth Partners LTD. purchased a new stake in shares of Toyota Motor in the 3rd quarter valued at approximately $156,000. Autus Asset Management LLC purchased a new stake in shares of Toyota Motor in the 2nd quarter valued at approximately $202,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Toyota Motor in the 2nd quarter valued at approximately $205,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Toyota Motor in the 3rd quarter valued at approximately $214,000. 0.73% of the stock is owned by institutional investors and hedge funds.

NYSE:TM opened at $117.92 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.03 and a quick ratio of 0.89. The company has a market cap of $171.83 billion, a P/E ratio of 7.84, a P/E/G ratio of 1.32 and a beta of 0.72. Toyota Motor Corp has a fifty-two week low of $114.14 and a fifty-two week high of $140.99.

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Toyota Motor from a “neutral” rating to an “overweight” rating in a research report on Monday. ValuEngine cut shares of Toyota Motor from a “hold” rating to a “sell” rating in a research report on Wednesday, August 15th. Finally, Bank of America raised shares of Toyota Motor from a “neutral” rating to a “buy” rating in a research report on Monday, October 22nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $139.50.

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About Toyota Motor

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates through Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius, Alphard, Vellfire, Sienta, RX-HV, Auris, Prius PHV, C-HR, LC, Camry, JPN TAXI, Avalon, Corolla HB, Crown, and Century names; fuel cell vehicles under the MIRAI and SORA names; and conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, Vitz, Aygo, Prius C, Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, and Yaris iA names.

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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