Toyota Motor Co. (NYSE:TM) Stake Boosted by Martin Investment Management LLC

Martin Investment Management LLC lifted its position in Toyota Motor Co. (NYSE:TM) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,654 shares of the company’s stock after acquiring an additional 2,690 shares during the quarter. Toyota Motor accounts for approximately 5.3% of Martin Investment Management LLC’s investment portfolio, making the stock its 7th largest holding. Martin Investment Management LLC’s holdings in Toyota Motor were worth $21,545,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Optas LLC raised its stake in Toyota Motor by 21.1% in the third quarter. Optas LLC now owns 2,150 shares of the company’s stock worth $384,000 after buying an additional 374 shares in the last quarter. Americana Partners LLC raised its position in shares of Toyota Motor by 2.2% in the 3rd quarter. Americana Partners LLC now owns 5,071 shares of the company’s stock worth $906,000 after acquiring an additional 107 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in shares of Toyota Motor by 5.9% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,909 shares of the company’s stock worth $341,000 after purchasing an additional 106 shares during the last quarter. HM Payson & Co. bought a new stake in Toyota Motor during the third quarter valued at about $54,000. Finally, Highline Wealth Partners LLC purchased a new position in Toyota Motor in the third quarter valued at about $27,000. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Stock Performance

TM stock opened at $172.70 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.02 and a current ratio of 1.18. The firm has a market cap of $232.70 billion, a price-to-earnings ratio of 6.99, a PEG ratio of 0.30 and a beta of 0.68. Toyota Motor Co. has a one year low of $159.04 and a one year high of $255.23. The firm has a 50-day simple moving average of $177.87 and a two-hundred day simple moving average of $194.88.

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.