Lockheed Martin Investment Management Co. Purchases 3,200 Shares of Toyota Motor Co. (NYSE:TM)

Lockheed Martin Investment Management Co. increased its position in shares of Toyota Motor Co. (NYSE:TM) by 87.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,840 shares of the company’s stock after purchasing an additional 3,200 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Toyota Motor were worth $1,331,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Squarepoint Ops LLC purchased a new stake in Toyota Motor during the 2nd quarter valued at approximately $753,000. AQR Capital Management LLC boosted its position in shares of Toyota Motor by 88.3% during the second quarter. AQR Capital Management LLC now owns 3,619 shares of the company’s stock worth $742,000 after acquiring an additional 1,697 shares during the last quarter. Truist Financial Corp grew its stake in Toyota Motor by 6.5% during the second quarter. Truist Financial Corp now owns 9,019 shares of the company’s stock valued at $1,849,000 after acquiring an additional 550 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Toyota Motor in the 2nd quarter valued at $1,880,000. Finally, Dynamic Advisor Solutions LLC lifted its stake in Toyota Motor by 9.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 4,951 shares of the company’s stock worth $884,000 after purchasing an additional 431 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on TM shares. StockNews.com upgraded Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Macquarie upgraded Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday.

Toyota Motor Price Performance

Toyota Motor stock opened at $187.25 on Wednesday. Toyota Motor Co. has a 52-week low of $159.04 and a 52-week high of $255.23. The company has a market cap of $252.30 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 0.36 and a beta of 0.63. The firm’s fifty day moving average is $182.96 and its 200 day moving average is $180.22. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61.

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

About Toyota Motor

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.