Mutual of America Capital Management LLC Has $363,000 Holdings in Meritor, Inc. (NYSE:MTOR)

Mutual of America Capital Management LLC grew its stake in shares of Meritor, Inc. (NYSE:MTORGet Rating) by 6.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,198 shares of the auto parts company’s stock after acquiring an additional 614 shares during the period. Mutual of America Capital Management LLC’s holdings in Meritor were worth $363,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Nisa Investment Advisors LLC raised its position in shares of Meritor by 6,666.7% in the first quarter. Nisa Investment Advisors LLC now owns 1,015 shares of the auto parts company’s stock valued at $36,000 after buying an additional 1,000 shares in the last quarter. Point72 Hong Kong Ltd raised its position in shares of Meritor by 121.8% in the fourth quarter. Point72 Hong Kong Ltd now owns 3,648 shares of the auto parts company’s stock valued at $90,000 after buying an additional 2,003 shares in the last quarter. Advisor Group Holdings Inc. raised its position in shares of Meritor by 38.8% in the fourth quarter. Advisor Group Holdings Inc. now owns 5,075 shares of the auto parts company’s stock valued at $126,000 after buying an additional 1,418 shares in the last quarter. Bailard Inc. acquired a new stake in shares of Meritor in the fourth quarter valued at approximately $211,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of Meritor in the fourth quarter valued at approximately $221,000. 96.26% of the stock is currently owned by institutional investors and hedge funds.

Meritor Stock Down 0.0 %

NYSE MTOR opened at $36.42 on Monday. The company has a current ratio of 1.40, a quick ratio of 0.79 and a debt-to-equity ratio of 1.42. Meritor, Inc. has a 1-year low of $20.50 and a 1-year high of $36.46. The company has a 50 day moving average of $36.21 and a 200-day moving average of $33.67. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 11.86, a PEG ratio of 0.59 and a beta of 1.55.

Meritor (NYSE:MTORGet Rating) last released its quarterly earnings results on Tuesday, May 3rd. The auto parts company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.07 billion. Meritor had a net margin of 5.37% and a return on equity of 34.85%. The firm’s quarterly revenue was up 17.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 earnings per share. On average, equities research analysts expect that Meritor, Inc. will post 3.65 earnings per share for the current fiscal year.

Meritor Company Profile

(Get Rating)

Meritor, Inc designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components in North America, South America, Europe, and the Asia Pacific. It operates through two segments, Commercial Truck, and Aftermarket and Industrial. The company offers axles, including front steer and rear drive axles for medium- and heavy-duty commercial vehicles; heavy-duty trailer axles; suspension modules and brake products comprising drum and disc brakes; universal joints and driveline components; trailer air suspension systems and products; transfer cases and drivelines; and advanced suspension modules for use in light-, medium- and heavy-duty military tactical wheeled vehicles.

Further Reading

Want to see what other hedge funds are holding MTOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meritor, Inc. (NYSE:MTORGet Rating).

Institutional Ownership by Quarter for Meritor (NYSE:MTOR)

Receive News & Ratings for Meritor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meritor and related companies with MarketBeat.com's FREE daily email newsletter.