Adero Partners LLC Takes $266,000 Position in Toyota Motor Co. (NYSE:TM)

Adero Partners LLC bought a new position in shares of Toyota Motor Co. (NYSE:TM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,368 shares of the company's stock, valued at approximately $266,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Highline Wealth Partners LLC acquired a new position in shares of Toyota Motor in the third quarter valued at $27,000. Jamison Private Wealth Management Inc. increased its holdings in shares of Toyota Motor by 300.0% in the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company's stock valued at $30,000 after purchasing an additional 126 shares during the last quarter. Modus Advisors LLC acquired a new position in shares of Toyota Motor in the fourth quarter valued at $31,000. Trust Co. of Vermont increased its holdings in shares of Toyota Motor by 113.3% in the fourth quarter. Trust Co. of Vermont now owns 160 shares of the company's stock valued at $31,000 after purchasing an additional 85 shares during the last quarter. Finally, Grove Bank & Trust acquired a new position in shares of Toyota Motor in the third quarter valued at $32,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

Shares of TM stock traded up $1.46 on Monday, hitting $185.44. The company's stock had a trading volume of 108,813 shares, compared to its average volume of 407,186. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.07 and a current ratio of 1.21. The stock's 50 day moving average is $184.45 and its 200-day moving average is $179.95. Toyota Motor Co. has a fifty-two week low of $159.04 and a fifty-two week high of $255.23. The company has a market capitalization of $249.86 billion, a PE ratio of 7.65, a PEG ratio of 0.37 and a beta of 0.63.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly 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 net margin of 10.86% and a return on equity of 14.00%. Equities research analysts expect that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on TM. StockNews.com upgraded shares of Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. CLSA downgraded shares of Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. Finally, Macquarie upgraded shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research note 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.