The Toronto-Dominion Bank (NYSE:TD) Holdings Lifted by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its position in The Toronto-Dominion Bank (NYSE:TDFree Report) (TSE:TD) by 64.6% in the 3rd quarter, Holdings Channel reports. The fund owned 20,011 shares of the bank’s stock after buying an additional 7,854 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Toronto-Dominion Bank were worth $1,206,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in Toronto-Dominion Bank in the 4th quarter valued at approximately $1,484,341,000. National Bank of Canada FI increased its stake in Toronto-Dominion Bank by 20.8% in the 3rd quarter. National Bank of Canada FI now owns 38,707,020 shares of the bank’s stock valued at $2,275,959,000 after buying an additional 6,665,503 shares during the period. JPMorgan Chase & Co. increased its stake in Toronto-Dominion Bank by 40.7% in the 1st quarter. JPMorgan Chase & Co. now owns 15,905,184 shares of the bank’s stock valued at $952,719,000 after buying an additional 4,604,833 shares during the period. State Street Corp increased its stake in Toronto-Dominion Bank by 38,639.3% in the 2nd quarter. State Street Corp now owns 3,121,614 shares of the bank’s stock valued at $193,571,000 after buying an additional 3,113,556 shares during the period. Finally, Bank of Nova Scotia increased its stake in Toronto-Dominion Bank by 8.2% in the 2nd quarter. Bank of Nova Scotia now owns 36,757,624 shares of the bank’s stock valued at $2,300,294,000 after buying an additional 2,777,516 shares during the period. Hedge funds and other institutional investors own 51.52% of the company’s stock.

Toronto-Dominion Bank Stock Performance

NYSE:TD opened at $59.36 on Monday. The Toronto-Dominion Bank has a 1 year low of $54.69 and a 1 year high of $70.67. The firm’s fifty day simple moving average is $61.60 and its 200 day simple moving average is $60.90. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $105.35 billion, a PE ratio of 14.30, a PEG ratio of 2.30 and a beta of 0.87.

Toronto-Dominion Bank (NYSE:TDGet Free Report) (TSE:TD) last posted its earnings results on Thursday, November 30th. The bank reported $1.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.04). Toronto-Dominion Bank had a net margin of 10.65% and a return on equity of 14.68%. The firm had revenue of $13.19 billion during the quarter, compared to analyst estimates of $9.02 billion. During the same quarter in the previous year, the business posted $1.64 earnings per share. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. On average, sell-side analysts anticipate that The Toronto-Dominion Bank will post 5.87 EPS for the current year.

Toronto-Dominion Bank Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 10th were paid a $0.7506 dividend. The ex-dividend date of this dividend was Tuesday, January 9th. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $0.73. This represents a $3.00 dividend on an annualized basis and a yield of 5.06%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 68.19%.

Wall Street Analyst Weigh In

TD has been the topic of several research reports. Bank of America lowered shares of Toronto-Dominion Bank from a “buy” rating to a “neutral” rating in a research note on Monday, December 18th. CIBC lowered shares of Toronto-Dominion Bank from a “sector outperform” rating to a “neutral” rating in a research note on Wednesday, November 22nd. StockNews.com upgraded shares of Toronto-Dominion Bank from a “sell” rating to a “hold” rating in a research note on Monday, December 4th. Finally, Scotiabank lowered shares of Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a research note on Wednesday, December 20th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Toronto-Dominion Bank presently has a consensus rating of “Hold” and an average target price of $93.00.

Get Our Latest Research Report on Toronto-Dominion Bank

About Toronto-Dominion Bank

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding TD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Toronto-Dominion Bank (NYSE:TDFree Report) (TSE:TD).

Institutional Ownership by Quarter for Toronto-Dominion Bank (NYSE:TD)

Receive News & Ratings for Toronto-Dominion Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto-Dominion Bank and related companies with MarketBeat.com's FREE daily email newsletter.