Optimum Investment Advisors Has $35,000 Stake in Toyota Motor Corp (TM)

Optimum Investment Advisors decreased its stake in Toyota Motor Corp (NYSE:TM) by 40.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 300 shares of the company’s stock after selling 200 shares during the quarter. Optimum Investment Advisors’ holdings in Toyota Motor were worth $35,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Clean Yield Group purchased a new position in Toyota Motor in the fourth quarter valued at about $30,000. Lenox Wealth Management Inc. boosted its holdings in Toyota Motor by 60.7% in the fourth quarter. Lenox Wealth Management Inc. now owns 344 shares of the company’s stock valued at $40,000 after purchasing an additional 130 shares during the last quarter. Trust Co. of Vermont boosted its holdings in Toyota Motor by 104.8% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the company’s stock valued at $44,000 after purchasing an additional 195 shares during the last quarter. Financial Gravity Companies Inc. purchased a new position in Toyota Motor in the fourth quarter valued at about $46,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in Toyota Motor in the fourth quarter valued at about $46,000. 0.69% of the stock is owned by institutional investors.

NYSE:TM opened at $119.63 on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.86 and a current ratio of 1.00. Toyota Motor Corp has a 52 week low of $111.12 and a 52 week high of $138.68. The company has a market cap of $175.73 billion, a price-to-earnings ratio of 7.95, a PEG ratio of 1.63 and a beta of 0.70.

A number of research analysts recently commented on the company. Zacks Investment Research downgraded Toyota Motor from a “buy” rating to a “hold” rating in a report on Thursday, January 10th. ValuEngine raised Toyota Motor from a “sell” rating to a “hold” rating in a report on Tuesday, December 11th. Jefferies Financial Group raised Toyota Motor from a “hold” rating to a “buy” rating in a report on Thursday, December 6th. JPMorgan Chase & Co. raised Toyota Motor from a “neutral” rating to an “overweight” rating in a report on Monday, November 19th. Finally, Bank of America raised Toyota Motor from a “neutral” rating to a “buy” rating in a report on Monday, October 22nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $134.00.

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Toyota Motor Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates through Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius, Alphard, Vellfire, Sienta, RX-HV, Auris, Prius PHV, C-HR, LC, Camry, JPN TAXI, Avalon, Corolla HB, Crown, and Century names; fuel cell vehicles under the MIRAI and SORA names; and conventional engine vehicles, including subcompact and compact cars under the Corolla, Yaris, Vitz, Aygo, Prius C, Aqua, Passo, Roomy, Tank, Etios, Vios, AGYA, Rush, and Yaris iA names.

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Institutional Ownership by Quarter for Toyota Motor (NYSE:TM)

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