Modus Advisors LLC Purchases Shares of 157 Toyota Motor Co. (NYSE:TM)

Modus Advisors LLC acquired a new stake in shares of Toyota Motor Co. (NYSE:TM) during the 4th quarter, Holdings Channel reports. The fund acquired 157 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds also recently bought and sold shares of TM. Stifel Financial Corp lifted its position in shares of Toyota Motor by 7.3% in the third quarter. Stifel Financial Corp now owns 311,483 shares of the company’s stock valued at $55,632,000 after acquiring an additional 21,092 shares in the last quarter. Fisher Asset Management LLC raised its stake in Toyota Motor by 2.4% during the 3rd quarter. Fisher Asset Management LLC now owns 6,762,449 shares of the company’s stock valued at $1,207,571,000 after purchasing an additional 160,720 shares during the period. Atom Investors LP purchased a new position in Toyota Motor in the 3rd quarter worth approximately $841,000. Dynamic Technology Lab Private Ltd purchased a new position in Toyota Motor in the 3rd quarter worth approximately $664,000. Finally, Moran Wealth Management LLC boosted its stake in Toyota Motor by 62.4% in the 3rd quarter. Moran Wealth Management LLC now owns 27,433 shares of the company’s stock worth $4,899,000 after purchasing an additional 10,545 shares during the period. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Up 1.1 %

TM opened at $195.25 on Friday. Toyota Motor Co. has a 52 week low of $159.04 and a 52 week high of $255.23. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The firm has a 50-day simple moving average of $177.37 and a two-hundred day simple moving average of $182.90. The company has a market capitalization of $263.08 billion, a PE ratio of 9.28, a price-to-earnings-growth ratio of 0.31 and a beta of 0.67.

Toyota Motor (NYSE:TM) last posted its earnings results on Wednesday, November 6th. The company reported $2.90 EPS for the quarter, missing analysts’ consensus estimates of $4.39 by ($1.49). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The firm had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. Analysts forecast that Toyota Motor Co. will post 21.56 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Toyota Motor from a “hold” rating to a “sell” rating in a report on Friday, December 27th.

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.