Cerity Partners LLC Grows Stake in Toyota Motor Co. (NYSE:TM)

Cerity Partners LLC lifted its stake in shares of Toyota Motor Co. (NYSE:TM) by 43.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,700 shares of the company’s stock after purchasing an additional 8,340 shares during the period. Cerity Partners LLC’s holdings in Toyota Motor were worth $5,080,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Global Retirement Partners LLC boosted its position in Toyota Motor by 3.5% during the fourth quarter. Global Retirement Partners LLC now owns 1,524 shares of the company’s stock worth $298,000 after acquiring an additional 51 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in Toyota Motor by 1.5% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 3,612 shares of the company’s stock valued at $649,000 after purchasing an additional 52 shares during the last quarter. Optas LLC boosted its holdings in Toyota Motor by 4.9% in the 3rd quarter. Optas LLC now owns 1,323 shares of the company’s stock valued at $238,000 after purchasing an additional 62 shares during the last quarter. Allworth Financial LP boosted its holdings in Toyota Motor by 2.2% in the 3rd quarter. Allworth Financial LP now owns 2,919 shares of the company’s stock valued at $525,000 after purchasing an additional 62 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in Toyota Motor by 7.1% in the 3rd quarter. UMB Bank n.a. now owns 949 shares of the company’s stock valued at $171,000 after purchasing an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

TM has been the topic of several recent analyst reports. StockNews.com lowered shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Friday, January 19th. Nomura lowered shares of Toyota Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st.

Toyota Motor Price Performance

Toyota Motor stock opened at $236.52 on Wednesday. The company’s 50 day simple moving average is $239.53 and its 200-day simple moving average is $205.03. The company has a market capitalization of $320.44 billion, a price-to-earnings ratio of 10.08, a price-to-earnings-growth ratio of 0.36 and a beta of 0.69. Toyota Motor Co. has a 1 year low of $133.02 and a 1 year high of $255.23. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.02 and a current ratio of 1.18.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.66 by $3.15. The business had revenue of $81.54 billion for the quarter, compared to the consensus estimate of $73.72 billion. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. As a group, equities research analysts expect that Toyota Motor Co. will post 23.06 earnings per share for the current year.

Toyota Motor 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.