Commerce Bank Raises Position in Toyota Motor Co. (NYSE:TM)

Commerce Bank lifted its position in Toyota Motor Co. (NYSE:TM) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,214 shares of the company’s stock after buying an additional 73 shares during the period. Commerce Bank’s holdings in Toyota Motor were worth $574,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TM. Highline Wealth Partners LLC bought a new position in Toyota Motor in the 3rd quarter valued at approximately $27,000. Pathway Financial Advisers LLC bought a new position in shares of Toyota Motor during the first quarter valued at $30,000. Jamison Private Wealth Management Inc. boosted its position in shares of Toyota Motor by 300.0% during the third quarter. Jamison Private Wealth Management Inc. now owns 168 shares of the company’s stock valued at $30,000 after buying an additional 126 shares during the last quarter. POM Investment Strategies LLC increased its holdings in Toyota Motor by 292.1% in the 2nd quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock worth $31,000 after buying an additional 111 shares in the last quarter. Finally, Grove Bank & Trust purchased a new position in Toyota Motor in the 3rd quarter worth about $32,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Stock Performance

Shares of NYSE TM opened at $175.83 on Tuesday. The firm’s 50-day moving average price is $175.68 and its 200-day moving average price is $189.02. 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 $236.92 billion, a PE ratio of 8.35, a PEG ratio of 0.30 and a beta of 0.68. 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 issued its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.39 by ($1.49). The company had revenue of $76.92 billion during the quarter, compared to analysts’ expectations of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. As a group, analysts anticipate that Toyota Motor Co. will post 21.7 EPS 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.