The Toronto-Dominion Bank (NYSE:TD) Holdings Reduced by Cromwell Holdings LLC

Cromwell Holdings LLC decreased its position in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 7.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,736 shares of the bank’s stock after selling 205 shares during the period. Cromwell Holdings LLC’s holdings in Toronto-Dominion Bank were worth $146,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC grew its position in Toronto-Dominion Bank by 26.3% in the 4th quarter. Global Retirement Partners LLC now owns 2,309 shares of the bank’s stock worth $123,000 after purchasing an additional 481 shares during the last quarter. Bank of Jackson Hole Trust bought a new position in shares of Toronto-Dominion Bank in the fourth quarter valued at approximately $32,000. Lorne Steinberg Wealth Management Inc. boosted its holdings in shares of Toronto-Dominion Bank by 5.8% in the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 147,442 shares of the bank’s stock valued at $7,842,000 after acquiring an additional 8,074 shares in the last quarter. Cardinal Capital Management boosted its holdings in shares of Toronto-Dominion Bank by 0.5% in the fourth quarter. Cardinal Capital Management now owns 44,685 shares of the bank’s stock valued at $2,379,000 after acquiring an additional 205 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Toronto-Dominion Bank by 18.0% in the fourth quarter. D.A. Davidson & CO. now owns 14,052 shares of the bank’s stock valued at $748,000 after acquiring an additional 2,148 shares in the last quarter. Institutional investors own 52.37% of the company’s stock.

Toronto-Dominion Bank Trading Up 0.4 %

Shares of NYSE:TD opened at $60.38 on Friday. The stock has a market capitalization of $105.68 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 1.94 and a beta of 0.84. The Toronto-Dominion Bank has a 1-year low of $51.25 and a 1-year high of $64.91. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.03 and a current ratio of 1.03. The company has a 50 day moving average price of $55.91 and a 200 day moving average price of $57.51.

Toronto-Dominion Bank Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 10th were issued a dividend of $0.7482 per share. This represents a $2.99 dividend on an annualized basis and a yield of 4.96%. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. The ex-dividend date was Friday, January 10th. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 84.15%.

Wall Street Analysts Forecast Growth

TD has been the subject of several recent analyst reports. Scotiabank cut shares of Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a report on Friday, December 6th. Bank of America upgraded shares of Toronto-Dominion Bank from a “neutral” rating to a “buy” rating in a report on Friday, January 17th. Royal Bank of Canada decreased their price objective on shares of Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating for the company in a report on Friday, December 6th. Desjardins cut shares of Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Finally, BMO Capital Markets upgraded shares of Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $80.50.

About Toronto-Dominion Bank

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.