Renaissance Technologies LLC decreased its holdings in shares of The Toronto-Dominion Bank (NYSE:TD – Get Rating) (TSE:TD) by 75.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 137,275 shares of the bank’s stock after selling 432,400 shares during the period. Renaissance Technologies LLC’s holdings in Toronto-Dominion Bank were worth $8,418,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fairfield Bush & CO. purchased a new stake in Toronto-Dominion Bank in the first quarter valued at approximately $26,000. BlackRock Inc. lifted its holdings in shares of Toronto-Dominion Bank by 6.3% during the 1st quarter. BlackRock Inc. now owns 914,064 shares of the bank’s stock worth $72,595,000 after acquiring an additional 54,121 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new stake in Toronto-Dominion Bank during the first quarter valued at about $200,000. Raymond James Trust N.A. raised its position in Toronto-Dominion Bank by 1.7% during the first quarter. Raymond James Trust N.A. now owns 9,868 shares of the bank’s stock valued at $784,000 after purchasing an additional 161 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Toronto-Dominion Bank by 21.8% in the 1st quarter. Cetera Investment Advisers now owns 12,022 shares of the bank’s stock worth $955,000 after purchasing an additional 2,154 shares in the last quarter. 49.22% of the stock is currently owned by hedge funds and other institutional investors.
Toronto-Dominion Bank Price Performance
Shares of Toronto-Dominion Bank stock opened at $63.46 on Wednesday. The business has a 50 day moving average of $66.91 and a 200 day moving average of $65.51. The Toronto-Dominion Bank has a 52 week low of $57.27 and a 52 week high of $82.64. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.11. The company has a market cap of $116.13 billion, a PE ratio of 10.03, a P/E/G ratio of 1.23 and a beta of 0.90.
Toronto-Dominion Bank Increases Dividend
Wall Street Analysts Forecast Growth
TD has been the subject of a number of recent research reports. Canaccord Genuity Group upgraded Toronto-Dominion Bank from a “hold” rating to a “buy” rating in a research report on Friday, December 2nd. Scotiabank upgraded shares of Toronto-Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research report on Friday, March 3rd. StockNews.com lowered shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Monday. National Bank Financial lowered their target price on Toronto-Dominion Bank from C$106.00 to C$103.00 in a research note on Friday, November 18th. Finally, Canaccord Genuity Group upgraded Toronto-Dominion Bank from a “hold” rating to a “buy” rating and raised their price target for the stock from C$95.00 to C$103.00 in a research report on Monday, December 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $100.57.
Toronto-Dominion Bank Company Profile
The Toronto-Dominion Bank engages in the provision of financial products and services. It operates through the following segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The Canadian Retail segment offers various financial products and services, as well as telephone, Internet, and mobile banking services.
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