Toronto Dominion Bank (The) $TD Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 1,329.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,283,296 shares of the bank’s stock after purchasing an additional 1,193,510 shares during the quarter. Natixis Advisors LLC’s holdings in Toronto Dominion Bank were worth $120,886,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC acquired a new position in Toronto Dominion Bank in the 4th quarter worth about $34,000. Smartleaf Asset Management LLC raised its holdings in Toronto Dominion Bank by 660.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 525 shares of the bank’s stock worth $38,000 after purchasing an additional 456 shares during the period. Cornerstone Planning Group LLC raised its holdings in Toronto Dominion Bank by 177.9% in the 4th quarter. Cornerstone Planning Group LLC now owns 428 shares of the bank’s stock worth $40,000 after purchasing an additional 274 shares during the period. Sound Income Strategies LLC raised its holdings in Toronto Dominion Bank by 80.6% in the 4th quarter. Sound Income Strategies LLC now owns 466 shares of the bank’s stock worth $44,000 after purchasing an additional 208 shares during the period. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Toronto Dominion Bank in the 3rd quarter worth about $48,000. Institutional investors and hedge funds own 52.37% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Zacks Research cut Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Scotiabank raised Toronto Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a report on Monday, May 4th. Royal Bank Of Canada upped their price target on Toronto Dominion Bank from $138.00 to $156.00 and gave the stock an “outperform” rating in a report on Monday. Canadian Imperial Bank of Commerce cut Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 12th. Finally, Wall Street Zen cut Toronto Dominion Bank from a “hold” rating to a “sell” rating in a report on Saturday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Toronto Dominion Bank currently has an average rating of “Moderate Buy” and a consensus price target of $156.00.

Toronto Dominion Bank Price Performance

NYSE:TD opened at $113.16 on Wednesday. Toronto Dominion Bank has a 12 month low of $69.08 and a 12 month high of $114.26. The stock has a 50 day moving average of $103.58 and a two-hundred day moving average of $96.36. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.09. The firm has a market cap of $186.99 billion, a P/E ratio of 17.65, a price-to-earnings-growth ratio of 1.22 and a beta of 0.72.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last posted its quarterly earnings data on Thursday, May 28th. The bank reported $1.74 EPS for the quarter, topping the consensus estimate of $1.63 by $0.11. Toronto Dominion Bank had a return on equity of 14.83% and a net margin of 13.20%.The company had revenue of $11.80 billion during the quarter, compared to analyst estimates of $11.04 billion. During the same period in the previous year, the business earned $1.97 EPS. Toronto Dominion Bank’s quarterly revenue was down 31.1% on a year-over-year basis. On average, analysts expect that Toronto Dominion Bank will post 6.92 earnings per share for the current fiscal year.

Toronto Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 10th will be paid a dividend of $1.12 per share. This is an increase from Toronto Dominion Bank’s previous quarterly dividend of $1.08. The ex-dividend date is Friday, July 10th. This represents a $4.48 annualized dividend and a yield of 4.0%. Toronto Dominion Bank’s dividend payout ratio (DPR) is presently 48.52%.

Toronto Dominion Bank Company 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.