Generali Investments CEE investicni spolecnost a.s. Has $2.70 Million Stake in Toronto Dominion Bank (The) (NYSE:TD)

Generali Investments CEE investicni spolecnost a.s. lifted its holdings in Toronto Dominion Bank (The) (NYSE:TD - Free Report) TSE: TD by 15.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,000 shares of the bank's stock after purchasing an additional 6,000 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.'s holdings in Toronto Dominion Bank were worth $2,697,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Lee Danner & Bass Inc. bought a new stake in shares of Toronto Dominion Bank during the fourth quarter worth about $27,000. Financial Management Professionals Inc. increased 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 in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new position in Toronto Dominion Bank during the 1st quarter valued at $32,000. CoreCap Advisors LLC grew its holdings in shares of Toronto Dominion Bank by 57.5% in 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 in the last quarter. Finally, ORG Partners LLC bought a new stake in shares of Toronto Dominion Bank in the 1st quarter worth approximately $34,000. Institutional investors and hedge funds own 52.37% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TD shares. Wall Street Zen upgraded Toronto Dominion Bank from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. Royal Bank Of Canada upped their target price on Toronto Dominion Bank from $87.00 to $93.00 and gave the company a "sector perform" rating in a report on Friday, May 23rd. Finally, Scotiabank assumed coverage on Toronto Dominion Bank in a research note on Thursday, May 15th. They issued a "sector perform" rating for the company. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Toronto Dominion Bank presently has a consensus rating of "Hold" and a consensus price target of $93.00.

Toronto Dominion Bank Price Performance

Shares of TD opened at $74.81 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.03 and a quick ratio of 1.03. The company's fifty day moving average price is $68.28 and its 200-day moving average price is $61.39. Toronto Dominion Bank has a 1-year low of $51.25 and a 1-year high of $75.05. The firm has a market capitalization of $128.70 billion, a PE ratio of 10.97, a price-to-earnings-growth ratio of 1.83 and a beta of 0.83.

Toronto Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last released its quarterly earnings data on Thursday, May 22nd. The bank reported $1.39 EPS for the quarter, topping the consensus estimate of $1.25 by $0.14. Toronto Dominion Bank had a return on equity of 13.11% and a net margin of 13.53%. The business had revenue of $10.97 billion for the quarter, compared to analyst estimates of $13.36 billion. During the same quarter in the prior year, the firm posted $2.04 EPS. On average, equities research analysts predict that Toronto Dominion Bank will post 5.48 EPS for the current year.

Toronto Dominion Bank Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th will be given a $0.7568 dividend. This is an increase from Toronto Dominion Bank's previous quarterly dividend of $0.73. This represents a $3.03 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend is Thursday, July 10th. Toronto Dominion Bank's payout ratio is currently 42.82%.

About Toronto Dominion Bank

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.

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