Themes Management Co LLC Makes New $951,000 Investment in Toronto Dominion Bank (The) $TD

Themes Management Co LLC bought a new position in shares of Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 10,098 shares of the bank’s stock, valued at approximately $951,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC acquired a new position in Toronto Dominion Bank during the 4th quarter worth $34,000. Legal & General Group Plc lifted its position in Toronto Dominion Bank by 4.3% during the 4th quarter. Legal & General Group Plc now owns 10,148,324 shares of the bank’s stock worth $957,711,000 after acquiring an additional 419,105 shares during the last quarter. Morningstar Investment Management LLC acquired a new position in Toronto Dominion Bank during the 4th quarter worth $1,988,000. Genus Capital Management Inc. lifted its position in Toronto Dominion Bank by 68.2% during the 4th quarter. Genus Capital Management Inc. now owns 177,625 shares of the bank’s stock worth $16,763,000 after acquiring an additional 72,002 shares during the last quarter. Finally, Coldstream Capital Management Inc. lifted its position in Toronto Dominion Bank by 23.6% during the 4th quarter. Coldstream Capital Management Inc. now owns 3,913 shares of the bank’s stock worth $369,000 after acquiring an additional 747 shares during the last quarter. Institutional investors and hedge funds own 52.37% of the company’s stock.

Toronto Dominion Bank Stock Performance

NYSE:TD opened at $111.92 on Tuesday. The firm’s 50-day moving average is $101.78 and its 200-day moving average is $95.25. Toronto Dominion Bank has a 52-week low of $66.53 and a 52-week high of $112.32. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $185.37 billion, a price-to-earnings ratio of 12.37, a PEG ratio of 1.25 and a beta of 0.71.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last posted its earnings results on Thursday, February 26th. The bank reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $11.01 billion for the quarter, compared to analysts’ expectations of $10.43 billion. Toronto Dominion Bank had a net margin of 17.52% and a return on equity of 14.29%. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.02 earnings per share. Equities research analysts anticipate that Toronto Dominion Bank will post 6.89 earnings per share for the current year.

Toronto Dominion Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 9th were paid a $1.08 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $4.32 dividend on an annualized basis and a yield of 3.9%. Toronto Dominion Bank’s payout ratio is presently 34.36%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Toronto Dominion Bank from a “buy (b)” rating to a “buy (a-)” rating in a report on Friday, March 27th. Wall Street Zen downgraded shares of Toronto Dominion Bank from a “hold” rating to a “sell” rating in a report on Saturday. Raymond James Financial upgraded shares of Toronto Dominion Bank from a “market perform” rating to an “outperform” rating in a report on Tuesday, May 12th. Canadian Imperial Bank of Commerce downgraded shares of Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Finally, Scotiabank upgraded shares of Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Toronto Dominion Bank Profile

Toronto-Dominion Bank (TD) is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. Formed through the 1955 merger of the Bank of Toronto (founded 1855) and the Dominion Bank (founded 1869), TD is one of Canada’s largest banks and offers a broad range of financial products and services to individual, small business, commercial and institutional clients.

TD’s core businesses include Canadian and U.S. personal and commercial banking, wealth management, wholesale banking and insurance.