Toronto-Dominion Bank (NYSE:TD) Shares Sold by Dean Capital Investments Management LLC

Dean Capital Investments Management LLC lessened its holdings in Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 11.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 4,944 shares of the bank’s stock after selling 639 shares during the period. Dean Capital Investments Management LLC’s holdings in Toronto-Dominion Bank were worth $288,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. KCS Wealth Advisory acquired a new stake in shares of Toronto-Dominion Bank during the 3rd quarter worth approximately $30,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Toronto-Dominion Bank during the 3rd quarter worth approximately $38,000. Sandy Spring Bank grew its stake in shares of Toronto-Dominion Bank by 640.7% during the 2nd quarter. Sandy Spring Bank now owns 800 shares of the bank’s stock worth $47,000 after purchasing an additional 692 shares during the period. North Star Investment Management Corp. acquired a new stake in shares of Toronto-Dominion Bank during the 3rd quarter worth approximately $49,000. Finally, Coastal Capital Group Inc. acquired a new stake in shares of Toronto-Dominion Bank during the 2nd quarter worth approximately $51,000. Institutional investors own 47.71% of the company’s stock.

TD has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research note on Saturday, November 2nd. Scotiabank set a $80.00 price objective on shares of Toronto-Dominion Bank and gave the stock a “buy” rating in a research note on Friday, August 30th. ValuEngine cut shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research note on Wednesday. Desjardins dropped their price objective on shares of Toronto-Dominion Bank from $83.00 to $81.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Canaccord Genuity set a $81.00 target price on Toronto-Dominion Bank and gave the company a “buy” rating in a research report on Friday, August 30th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $78.36.

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Shares of NYSE:TD traded down $0.20 during midday trading on Thursday, reaching $57.52. 18,953 shares of the company’s stock traded hands, compared to its average volume of 948,567. Toronto-Dominion Bank has a 1 year low of $47.73 and a 1 year high of $59.55. The company has a market cap of $104.77 billion, a P/E ratio of 11.44, a PEG ratio of 1.80 and a beta of 1.06. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.01. The company has a fifty day simple moving average of $56.84 and a two-hundred day simple moving average of $56.66.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last announced its earnings results on Thursday, August 29th. The bank reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.45. Toronto-Dominion Bank had a return on equity of 16.08% and a net margin of 20.02%. The firm had revenue of $10.50 billion for the quarter, compared to analyst estimates of $9.80 billion. During the same quarter last year, the firm posted $1.66 EPS. The business’s revenue was up 6.1% on a year-over-year basis. As a group, research analysts forecast that Toronto-Dominion Bank will post 5.17 EPS for the current fiscal year.

The firm also recently announced a — dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were given a dividend of $0.556 per share. The ex-dividend date was Wednesday, October 9th. This represents a dividend yield of 4.1%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is 44.53%.

About Toronto-Dominion Bank

The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. It offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; financing options to customers at point of sale for automotive and recreational vehicle purchases through auto dealer network; credit cards; investing, advice-based, and asset management services to retail and institutional clients; and property and casualty insurance, as well as life and health insurance products.

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

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

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