Lockheed Martin Investment Management Co. Raises Stock Holdings in Toyota Motor Co. (NYSE:TM)

Lockheed Martin Investment Management Co. increased its holdings in Toyota Motor Co. (NYSE:TM - Free Report) by 87.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 6,840 shares of the company's stock after buying an additional 3,200 shares during the quarter. Lockheed Martin Investment Management Co.'s holdings in Toyota Motor were worth $1,331,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Optas LLC grew its stake in shares of Toyota Motor by 49.7% during the 4th quarter. Optas LLC now owns 3,218 shares of the company's stock valued at $626,000 after purchasing an additional 1,068 shares during the period. GPS Wealth Strategies Group LLC grew its position in Toyota Motor by 800.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company's stock valued at $44,000 after buying an additional 200 shares during the period. DAVENPORT & Co LLC increased its holdings in Toyota Motor by 10.0% during the fourth quarter. DAVENPORT & Co LLC now owns 1,996 shares of the company's stock valued at $388,000 after buying an additional 182 shares during the last quarter. Capital Insight Partners LLC raised its position in Toyota Motor by 5.6% in the fourth quarter. Capital Insight Partners LLC now owns 13,286 shares of the company's stock worth $2,586,000 after acquiring an additional 699 shares during the period. Finally, Abundance Wealth Counselors raised its position in Toyota Motor by 9.5% in the fourth quarter. Abundance Wealth Counselors now owns 2,839 shares of the company's stock worth $552,000 after acquiring an additional 246 shares during the period. Institutional investors own 1.48% of the company's stock.

Toyota Motor Price Performance

Shares of NYSE TM traded down $6.52 during midday trading on Friday, reaching $183.98. The stock had a trading volume of 478,361 shares, compared to its average volume of 354,593. The company has a market capitalization of $247.90 billion, a price-to-earnings ratio of 7.60, a price-to-earnings-growth ratio of 0.37 and a beta of 0.63. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $255.23. The stock has a 50-day moving average of $184.45 and a 200-day moving average of $180.22. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.07 and a current ratio of 1.21.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.36 by $5.62. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. As a group, research analysts anticipate that Toyota Motor Co. will post 19.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TM shares. CLSA lowered Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research report on Tuesday. Finally, StockNews.com raised Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th.

Toyota Motor 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.