Moran Wealth Management LLC Purchases 10,545 Shares of Toyota Motor Co. (NYSE:TM)

Moran Wealth Management LLC raised its holdings in Toyota Motor Co. (NYSE:TM - Free Report) by 62.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,433 shares of the company's stock after purchasing an additional 10,545 shares during the quarter. Moran Wealth Management LLC's holdings in Toyota Motor were worth $4,899,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of TM. Advisors Asset Management Inc. increased its holdings in Toyota Motor by 43.9% in the third quarter. Advisors Asset Management Inc. now owns 1,901 shares of the company's stock valued at $339,000 after purchasing an additional 580 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Toyota Motor by 14.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 100,714 shares of the company's stock valued at $17,984,000 after buying an additional 12,467 shares during the period. Commerce Bank raised its position in shares of Toyota Motor by 2.3% during the third quarter. Commerce Bank now owns 3,214 shares of the company's stock worth $574,000 after acquiring an additional 73 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of Toyota Motor by 48.4% in the third quarter. Avior Wealth Management LLC now owns 1,595 shares of the company's stock worth $285,000 after acquiring an additional 520 shares during the period. Finally, West Family Investments Inc. boosted its holdings in Toyota Motor by 47.2% in the third quarter. West Family Investments Inc. now owns 3,509 shares of the company's stock valued at $627,000 after acquiring an additional 1,125 shares during the last quarter. Institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Up 0.3 %

TM stock traded up $0.47 during midday trading on Thursday, reaching $173.38. 306,624 shares of the company's stock traded hands, compared to its average volume of 324,065. 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 $233.62 billion, a price-to-earnings ratio of 8.24, a P/E/G ratio of 0.31 and a beta of 0.68. The firm's fifty day moving average price is $175.71 and its 200-day moving average price is $190.40. 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 - Get Free Report) last issued 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 return on equity of 12.02% and a net margin of 9.17%. The business had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. As a group, sell-side analysts forecast that Toyota Motor Co. will post 21.7 earnings per share for the current fiscal 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.