Toyota Motor Co. (NYSE:TM) Stake Increased by Cerity Partners LLC

Cerity Partners LLC raised its holdings in shares of Toyota Motor Co. (NYSE:TM) by 43.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Qube Research & Technologies Ltd acquired a new position in shares of Toyota Motor during the third quarter valued at $25,000. Coppell Advisory Solutions LLC bought a new stake in Toyota Motor in the second quarter worth about $25,000. Lazard Asset Management LLC raised its position in Toyota Motor by 1,563.6% in the second quarter. Lazard Asset Management LLC now owns 183 shares of the company’s stock worth $29,000 after acquiring an additional 172 shares in the last quarter. Byrne Asset Management LLC raised its holdings in Toyota Motor by 105.6% during the 3rd quarter. Byrne Asset Management LLC now owns 185 shares of the company’s stock worth $33,000 after buying an additional 95 shares during the period. Finally, Venturi Wealth Management LLC raised its holdings in Toyota Motor by 101.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 214 shares of the company’s stock worth $38,000 after buying an additional 108 shares during the period. Institutional investors own 1.48% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on TM shares. StockNews.com downgraded Toyota Motor from a “buy” rating to a “hold” rating in a report on Friday, January 19th. Nomura downgraded Toyota Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st.

Toyota Motor Price Performance

NYSE TM opened at $236.52 on Wednesday. The company has a market cap of $320.44 billion, a PE ratio of 10.08, a PEG 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 current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.57. The stock’s 50-day moving average price is $239.53 and its two-hundred day moving average price is $205.03.

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