The Toronto-Dominion Bank (NYSE:TD) Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its holdings in The Toronto-Dominion Bank (NYSE:TDFree Report) (TSE:TD) by 64.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,011 shares of the bank’s stock after acquiring an additional 7,854 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Toronto-Dominion Bank were worth $1,206,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TD. Fairfield Bush & CO. acquired a new position in Toronto-Dominion Bank during the first quarter worth $26,000. Fortis Capital Advisors LLC acquired a new position in Toronto-Dominion Bank during the fourth quarter worth $26,000. PCA Investment Advisory Services Inc. acquired a new position in Toronto-Dominion Bank during the second quarter worth $26,000. Bray Capital Advisors lifted its stake in Toronto-Dominion Bank by 206.7% during the third quarter. Bray Capital Advisors now owns 460 shares of the bank’s stock worth $28,000 after purchasing an additional 310 shares in the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in Toronto-Dominion Bank during the second quarter worth $31,000. 51.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Bank of America cut Toronto-Dominion Bank from a “buy” rating to a “neutral” rating in a research note on Monday, December 18th. CIBC cut Toronto-Dominion Bank from a “sector outperform” rating to a “neutral” rating in a research note on Wednesday, November 22nd. Scotiabank cut Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a research note on Wednesday, December 20th. Finally, StockNews.com raised Toronto-Dominion Bank from a “sell” rating to a “hold” rating in a report on Monday, December 4th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Toronto-Dominion Bank currently has a consensus rating of “Hold” and an average price target of $93.00.

Check Out Our Latest Analysis on Toronto-Dominion Bank

Toronto-Dominion Bank Stock Performance

NYSE:TD opened at $59.36 on Monday. The business’s fifty day moving average price is $61.60 and its 200 day moving average price is $60.90. The firm has a market capitalization of $105.35 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 2.30 and a beta of 0.87. The Toronto-Dominion Bank has a 12 month low of $54.69 and a 12 month high of $70.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00.

Toronto-Dominion Bank (NYSE:TDGet Free Report) (TSE:TD) last issued its quarterly earnings data on Thursday, November 30th. The bank reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.04). The firm had revenue of $13.19 billion for the quarter, compared to analysts’ expectations of $9.02 billion. Toronto-Dominion Bank had a return on equity of 14.68% and a net margin of 10.65%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.64 EPS. On average, sell-side analysts anticipate that The Toronto-Dominion Bank will post 5.87 earnings per share for the current fiscal year.

Toronto-Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Wednesday, January 10th were issued a dividend of $0.7506 per share. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $0.73. The ex-dividend date of this dividend was Tuesday, January 9th. This represents a $3.00 annualized dividend and a dividend yield of 5.06%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 68.19%.

Toronto-Dominion Bank 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.

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Institutional Ownership by Quarter for Toronto-Dominion Bank (NYSE:TD)

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