Millstone Evans Group LLC Purchases Shares of 862 Toyota Motor Co. (NYSE:TM)

Millstone Evans Group LLC purchased a new stake in Toyota Motor Co. (NYSE:TM) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 862 shares of the company’s stock, valued at approximately $168,000.

Other hedge funds also recently made changes to their positions in the company. Modus Advisors LLC purchased a new position in shares of Toyota Motor in the 4th quarter valued at $31,000. Trust Co. of Vermont raised its stake in shares of Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock valued at $31,000 after acquiring an additional 85 shares during the period. Roxbury Financial LLC purchased a new position in shares of Toyota Motor in the 4th quarter valued at $41,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Toyota Motor in the 4th quarter valued at $42,000. Finally, GPS Wealth Strategies Group LLC raised its stake in shares of Toyota Motor by 800.0% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock valued at $44,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on TM shares. Macquarie raised shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. CLSA downgraded shares of Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

Toyota Motor Stock Performance

Toyota Motor stock opened at $190.88 on Friday. The firm’s fifty day moving average price is $185.40 and its 200 day moving average price is $180.66. The company has a market capitalization of $257.19 billion, a price-to-earnings ratio of 7.88, a price-to-earnings-growth ratio of 0.35 and a beta of 0.63. Toyota Motor Co. has a 12-month low of $159.04 and a 12-month high of $254.79. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share for the quarter, topping 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%. On average, research 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.