Gradient Investments LLC decreased its stake in shares of The Toronto-Dominion Bank (NYSE:TD – Get Rating) (TSE:TD) by 3.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,174 shares of the bank’s stock after selling 220 shares during the quarter. Gradient Investments LLC’s holdings in Toronto-Dominion Bank were worth $400,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Financial Management Professionals Inc. increased its holdings in shares of Toronto-Dominion Bank by 75.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 408 shares of the bank’s stock valued at $25,000 after acquiring an additional 175 shares during the last quarter. Fairfield Bush & CO. purchased a new position in shares of Toronto-Dominion Bank in the 1st quarter valued at about $26,000. Massmutual Trust Co. FSB ADV increased its holdings in shares of Toronto-Dominion Bank by 130.6% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 747 shares of the bank’s stock valued at $46,000 after acquiring an additional 423 shares during the last quarter. Capital Analysts LLC increased its holdings in shares of Toronto-Dominion Bank by 30.5% in the 2nd quarter. Capital Analysts LLC now owns 783 shares of the bank’s stock valued at $51,000 after acquiring an additional 183 shares during the last quarter. Finally, Hexagon Capital Partners LLC increased its holdings in shares of Toronto-Dominion Bank by 149.3% in the 3rd quarter. Hexagon Capital Partners LLC now owns 875 shares of the bank’s stock valued at $54,000 after acquiring an additional 524 shares during the last quarter. Hedge funds and other institutional investors own 49.22% of the company’s stock.
Toronto-Dominion Bank Stock Down 1.9 %
Toronto-Dominion Bank stock opened at $56.72 on Friday. The Toronto-Dominion Bank has a twelve month low of $56.36 and a twelve month high of $82.64. The stock has a 50 day moving average of $66.09 and a two-hundred day moving average of $65.15. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $103.80 billion, a price-to-earnings ratio of 8.96, a PEG ratio of 1.09 and a beta of 0.90.
Toronto-Dominion Bank Increases Dividend
Analyst Ratings Changes
A number of research analysts have recently commented on TD shares. StockNews.com started coverage on Toronto-Dominion Bank in a report on Thursday. They issued a “sell” rating on the stock. Credit Suisse Group increased their price objective on Toronto-Dominion Bank from C$96.00 to C$98.00 in a report on Friday, December 2nd. Scotiabank raised Toronto-Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research report on Friday, March 3rd. Canaccord Genuity Group raised Toronto-Dominion Bank from a “hold” rating to a “buy” rating and upped their target price for the company from C$95.00 to C$103.00 in a research report on Monday, December 5th. Finally, Desjardins upped their target price on Toronto-Dominion Bank from C$105.00 to C$106.00 in a research report on Tuesday, February 7th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.57.
Toronto-Dominion Bank 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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