Optas LLC Has $626,000 Stock Position in Toyota Motor Co. (NYSE:TM)

Optas LLC boosted its position in Toyota Motor Co. (NYSE:TM) by 49.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,218 shares of the company’s stock after acquiring an additional 1,068 shares during the quarter. Optas LLC’s holdings in Toyota Motor were worth $626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Highline Wealth Partners LLC bought a new position in Toyota Motor during the 3rd quarter valued at about $27,000. Jamison Private Wealth Management Inc. increased its position in Toyota Motor by 300.0% in the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after acquiring an additional 126 shares in the last quarter. Modus Advisors LLC acquired a new stake in Toyota Motor in the 4th quarter valued at about $31,000. Trust Co. of Vermont increased its position in Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after acquiring an additional 85 shares in the last quarter. Finally, Grove Bank & Trust acquired a new stake in Toyota Motor in the 3rd quarter valued at about $32,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Toyota Motor Stock Performance

Shares of TM opened at $183.87 on Tuesday. The firm’s 50 day moving average price is $182.80 and its two-hundred day moving average price is $180.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.23. The firm has a market cap of $247.75 billion, a P/E ratio of 8.73, a PEG ratio of 0.36 and a beta of 0.63. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data 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). Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. The firm had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. On average, analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

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.