Fisher Asset Management LLC Acquires 160,720 Shares of Toyota Motor Co. (NYSE:TM)

Fisher Asset Management LLC grew its stake in Toyota Motor Co. (NYSE:TM) by 2.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,762,449 shares of the company’s stock after acquiring an additional 160,720 shares during the period. Fisher Asset Management LLC owned 0.50% of Toyota Motor worth $1,207,571,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Kingsview Wealth Management LLC boosted its stake in shares of Toyota Motor by 8.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 1,680 shares of the company’s stock valued at $300,000 after purchasing an additional 128 shares during the last quarter. Cerity Partners LLC lifted its holdings in Toyota Motor by 50.1% in the third quarter. Cerity Partners LLC now owns 42,102 shares of the company’s stock valued at $7,518,000 after buying an additional 14,054 shares during the period. Citigroup Inc. boosted its stake in Toyota Motor by 4.4% in the third quarter. Citigroup Inc. now owns 26,386 shares of the company’s stock valued at $4,712,000 after acquiring an additional 1,112 shares during the last quarter. Eagle Asset Management Inc. grew its holdings in Toyota Motor by 15.4% during the 3rd quarter. Eagle Asset Management Inc. now owns 3,896 shares of the company’s stock worth $670,000 after acquiring an additional 519 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Toyota Motor by 14.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 61,315 shares of the company’s stock valued at $10,949,000 after acquiring an additional 7,768 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Performance

TM stock opened at $174.40 on Monday. Toyota Motor Co. has a twelve month low of $159.04 and a twelve month high of $255.23. The company has a quick ratio of 1.07, a current ratio of 1.23 and a debt-to-equity ratio of 0.61. The company has a market cap of $234.99 billion, a P/E ratio of 8.29, a price-to-earnings-growth ratio of 0.30 and a beta of 0.68. The business’s fifty day moving average is $175.69 and its 200-day moving average is $189.39.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, November 6th. The company reported $2.90 earnings per share 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 analyst estimates of $79.78 billion. Toyota Motor had a net margin of 9.17% and a return on equity of 12.02%. Equities research analysts forecast that Toyota Motor Co. will post 21.7 EPS for the current year.

Toyota Motor Company 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.