Portfolio Design Labs LLC Takes Position in Toyota Motor Co. (NYSE:TM)

Portfolio Design Labs LLC acquired a new stake in Toyota Motor Co. (NYSE:TM) in the fourth quarter, Holdings Channel reports. The firm acquired 1,502 shares of the company’s stock, valued at approximately $292,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Stratos Wealth Advisors LLC increased its holdings in Toyota Motor by 3.8% in the third quarter. Stratos Wealth Advisors LLC now owns 1,759 shares of the company’s stock valued at $314,000 after purchasing an additional 65 shares during the period. Abel Hall LLC increased its holdings in Toyota Motor by 5.6% in the third quarter. Abel Hall LLC now owns 1,274 shares of the company’s stock valued at $227,000 after purchasing an additional 67 shares during the period. Avior Wealth Management LLC increased its holdings in Toyota Motor by 4.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,662 shares of the company’s stock valued at $324,000 after purchasing an additional 67 shares during the period. Commerce Bank grew its holdings in Toyota Motor by 2.3% during the 3rd quarter. Commerce Bank now owns 3,214 shares of the company’s stock worth $574,000 after acquiring an additional 73 shares during the period. Finally, Prime Capital Investment Advisors LLC grew its holdings in Toyota Motor by 3.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,462 shares of the company’s stock worth $440,000 after acquiring an additional 78 shares during the period. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

Shares of TM opened at $182.70 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.07. The stock has a 50-day moving average of $184.83 and a 200-day moving average of $179.83. The company has a market cap of $246.17 billion, a PE ratio of 7.54, a P/E/G ratio of 0.37 and a beta of 0.63. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, beating the consensus estimate of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. On average, equities research analysts predict that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on TM shares. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. CLSA downgraded Toyota Motor from an “outperform” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th.

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.