Cerity Partners LLC Buys 14,054 Shares of Toyota Motor Co. (NYSE:TM)

Cerity Partners LLC raised its stake in Toyota Motor Co. (NYSE:TM) by 50.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 42,102 shares of the company’s stock after acquiring an additional 14,054 shares during the period. Cerity Partners LLC’s holdings in Toyota Motor were worth $7,518,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Highline Wealth Partners LLC purchased a new position in shares of Toyota Motor during the third quarter valued at about $27,000. Pathway Financial Advisers LLC bought a new stake in Toyota Motor in the 1st quarter worth approximately $30,000. Jamison Private Wealth Management Inc. boosted its position in shares of Toyota Motor by 300.0% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after acquiring an additional 126 shares during the last quarter. POM Investment Strategies LLC grew its holdings in shares of Toyota Motor by 292.1% in the second quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock valued at $31,000 after purchasing an additional 111 shares in the last quarter. Finally, Grove Bank & Trust bought a new stake in Toyota Motor in the third quarter worth $32,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Price Performance

Toyota Motor stock opened at $169.68 on Thursday. 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 $228.63 billion, a price-to-earnings ratio of 8.06, a PEG ratio of 0.31 and a beta of 0.68. The firm’s fifty day moving average is $175.53 and its 200 day moving average is $188.57. 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). Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. The business had revenue of $76.92 billion during the quarter, compared to the consensus estimate of $79.78 billion. Sell-side analysts forecast that Toyota Motor Co. will post 21.7 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.