2 weeks Ago By ABMN Staff
The Manufacturers Life Insurance Company trimmed its stake in shares of The Toronto-Dominion Bank ( NYSE:TD – Free Report ) (TSE:TD) by 14.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,819,729 shares of the bank’s stock after selling 1,805,626 shares during the quarter.
The Manufacturers Life Insurance Company owned approximately 0.62% of Toronto-Dominion Bank worth $593,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other large investors have also bought and sold shares of the company.
Park Avenue Securities LLC raised its stake in shares of Toronto-Dominion Bank by 5.3% during the first quarter. Park Avenue Securities LLC now owns 3,641 shares of the bank’s stock valued at $220,000 after acquiring an additional 184 shares during the last quarter.
Consolidated Portfolio Review Corp raised its position in Toronto-Dominion Bank by 1.6% during the 1st quarter. Consolidated Portfolio Review Corp now owns 11,583 shares of the bank’s stock valued at $699,000 after purchasing an additional 186 shares during the last quarter.
First Affirmative Financial Network lifted its holdings in Toronto-Dominion Bank by 1.9% in the 2nd quarter. First Affirmative Financial Network now owns 10,120 shares of the bank’s stock worth $556,000 after buying an additional 190 shares during the period.
Wright Investors Service Inc. grew its position in shares of Toronto-Dominion Bank by 0.5% in the 1st quarter.
Wright Investors Service Inc. now owns 35,158 shares of the bank’s stock worth $2,123,000 after buying an additional 191 shares during the last quarter. Finally, Balanced Rock Investment Advisors LLC increased its stake in shares of Toronto-Dominion Bank by 1.
4% during the second quarter. Balanced Rock Investment Advisors LLC now owns 14,959 shares of the bank’s stock valued at $822,000 after buying an additional 203 shares during the period. 52.
37% of the stock is owned by hedge funds and other institutional investors. Toronto-Dominion Bank Stock Performance TD stock opened at $63.32 on Friday.
The stock’s 50 day simple moving average is $59.66 and its 200 day simple moving average is $57.99.
The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.
10. The Toronto-Dominion Bank has a 12-month low of $53.52 and a 12-month high of $65.
12. The stock has a market capitalization of $110.69 billion, a PE ratio of 14.
39, a price-to-earnings-growth ratio of 1.86 and a beta of 0.81.
Toronto-Dominion Bank Cuts Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 10th will be given a dividend of $0.739 per share.
This represents a $2.96 dividend on an annualized basis and a yield of 4.67%.
The ex-dividend date of this dividend is Thursday, October 10th. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 67.73%.
Analysts Set New Price Targets TD has been the topic of several research analyst reports. UBS Group started coverage on shares of Toronto-Dominion Bank in a research report on Tuesday, July 2nd. They set a “neutral” rating on the stock.
StockNews.com cut Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Thursday, August 22nd. Finally, National Bank Financial raised Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research report on Thursday, August 22nd.
One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $84.
00. Check Out Our Latest Research Report on Toronto-Dominion Bank Toronto-Dominion Bank Company Profile ( Free Report ) The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.
S. Retail, Wealth Management and Insurance, and Wholesale Banking. See Also Want to see what other hedge funds are holding TD? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Toronto-Dominion Bank ( NYSE:TD – Free Report ) (TSE:TD). Receive News & Ratings for Toronto-Dominion Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto-Dominion Bank and related companies with MarketBeat.com's FREE daily email newsletter .
.
