Toronto Dominion Bank (The) (NYSE:TD) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its holdings in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 4.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,976,105 shares of the bank’s stock after selling 313,264 shares during the quarter. Dimensional Fund Advisors LP owned 0.40% of Toronto Dominion Bank worth $418,153,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Larson Financial Group LLC raised its holdings in shares of Toronto Dominion Bank by 122.9% during the first quarter. Larson Financial Group LLC now owns 428 shares of the bank’s stock valued at $26,000 after acquiring an additional 236 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in shares of Toronto Dominion Bank by 322.4% during the first quarter. Financial Management Professionals Inc. now owns 490 shares of the bank’s stock valued at $29,000 after acquiring an additional 374 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Toronto Dominion Bank during the first quarter valued at approximately $32,000. ORG Partners LLC acquired a new position in shares of Toronto Dominion Bank during the first quarter valued at approximately $34,000. Finally, CoreCap Advisors LLC raised its holdings in shares of Toronto Dominion Bank by 57.5% during the fourth quarter. CoreCap Advisors LLC now owns 630 shares of the bank’s stock valued at $34,000 after acquiring an additional 230 shares during the last quarter. Institutional investors and hedge funds own 52.37% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on TD. Wall Street Zen upgraded Toronto Dominion Bank from a “sell” rating to a “hold” rating in a research report on Saturday, May 24th. Desjardins upgraded Toronto Dominion Bank from a “hold” rating to a “buy” rating in a research report on Wednesday. Scotiabank began coverage on Toronto Dominion Bank in a research report on Thursday, May 15th. They issued a “sector perform” rating for the company. Finally, Royal Bank Of Canada upped their price target on Toronto Dominion Bank from $87.00 to $93.00 and gave the company a “sector perform” rating in a research report on Friday, May 23rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $93.00.

Toronto Dominion Bank Trading Down 0.6%

Shares of Toronto Dominion Bank stock opened at $74.08 on Friday. The firm has a market capitalization of $127.06 billion, a price-to-earnings ratio of 10.86, a PEG ratio of 1.68 and a beta of 0.84. Toronto Dominion Bank has a fifty-two week low of $51.25 and a fifty-two week high of $75.58. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a 50 day moving average of $73.11 and a 200 day moving average of $65.38.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings data on Thursday, May 22nd. The bank reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.14. The company had revenue of $10.97 billion during the quarter, compared to analyst estimates of $13.36 billion. Toronto Dominion Bank had a return on equity of 13.11% and a net margin of 13.53%. During the same period in the prior year, the business posted $2.04 earnings per share. As a group, research analysts predict that Toronto Dominion Bank will post 5.48 earnings per share for the current year.

Toronto Dominion Bank Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 10th were given a $0.7568 dividend. The ex-dividend date was Thursday, July 10th. This is a positive change from Toronto Dominion Bank’s previous quarterly dividend of $0.73. This represents a $3.03 annualized dividend and a yield of 4.1%. Toronto Dominion Bank’s dividend payout ratio (DPR) is currently 45.31%.

Toronto Dominion Bank Company Profile

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.