Cerity Partners LLC Boosts Holdings in Toyota Motor Co. (NYSE:TM)

Cerity Partners LLC grew its stake in Toyota Motor Co. (NYSE:TM - Free Report) by 43.1% during the 4th quarter, according to its most recent 13F filing 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.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Morgan Stanley lifted its position in Toyota Motor by 2.5% in the third quarter. Morgan Stanley now owns 1,623,169 shares of the company's stock worth $291,765,000 after purchasing an additional 40,254 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Toyota Motor by 7.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 830,242 shares of the company's stock valued at $127,998,000 after acquiring an additional 57,478 shares in the last quarter. BlackRock Inc. increased its stake in Toyota Motor by 8.9% in the second quarter. BlackRock Inc. now owns 668,545 shares of the company's stock valued at $107,469,000 after acquiring an additional 54,582 shares during the period. FMR LLC increased its stake in Toyota Motor by 6.2% in the third quarter. FMR LLC now owns 610,358 shares of the company's stock valued at $109,712,000 after acquiring an additional 35,642 shares during the period. Finally, Northern Trust Corp raised its position in Toyota Motor by 2.8% in the third quarter. Northern Trust Corp now owns 576,363 shares of the company's stock worth $103,601,000 after purchasing an additional 15,570 shares in the last quarter. Institutional investors own 1.48% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TM. Nomura downgraded Toyota Motor from a "buy" rating to a "neutral" rating in a report on Wednesday, January 31st. StockNews.com cut Toyota Motor from a "buy" rating to a "hold" rating in a report on Friday, January 19th.

Toyota Motor Trading Down 1.1 %

Shares of TM stock traded down $2.55 on Wednesday, reaching $233.97. The company had a trading volume of 306,384 shares, compared to its average volume of 297,066. The stock has a market cap of $316.99 billion, a PE ratio of 10.08, a PEG ratio of 0.36 and a beta of 0.69. The company has a 50-day moving average of $239.53 and a 200-day moving average of $205.03. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.57. Toyota Motor Co. has a 12 month low of $133.02 and a 12 month high of $255.23.

Toyota Motor (NYSE:TM - Get Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The company reported $6.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.66 by $3.15. The company had revenue of $81.54 billion during the quarter, compared to analyst estimates of $73.72 billion. Toyota Motor had a net margin of 10.22% and a return on equity of 14.13%. On average, equities analysts forecast 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.