M. Kulyk & Associates LLC Has $5.96 Million Position in Toronto Dominion Bank (The) (NYSE:TD)

M. Kulyk & Associates LLC lessened its holdings in shares of Toronto Dominion Bank (The) (NYSE:TD - Free Report) TSE: TD by 9.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 99,343 shares of the bank's stock after selling 10,918 shares during the period. Toronto Dominion Bank makes up approximately 1.4% of M. Kulyk & Associates LLC's portfolio, making the stock its 25th biggest holding. M. Kulyk & Associates LLC's holdings in Toronto Dominion Bank were worth $5,955,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TD. Proficio Capital Partners LLC acquired a new stake in Toronto Dominion Bank in the fourth quarter valued at $581,000. Lee Danner & Bass Inc. acquired a new stake in Toronto Dominion Bank in the 4th quarter valued at about $27,000. TD Private Client Wealth LLC increased its holdings in Toronto Dominion Bank by 321.4% during the 4th quarter. TD Private Client Wealth LLC now owns 1,003 shares of the bank's stock valued at $53,000 after acquiring an additional 765 shares in the last quarter. American Century Companies Inc. raised its position in Toronto Dominion Bank by 7.0% during the fourth quarter. American Century Companies Inc. now owns 334,137 shares of the bank's stock worth $17,789,000 after acquiring an additional 21,927 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Toronto Dominion Bank by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 74,118,551 shares of the bank's stock valued at $3,946,072,000 after purchasing an additional 1,415,934 shares in the last quarter. Hedge funds and other institutional investors own 52.37% of the company's stock.

Toronto Dominion Bank Stock Performance

Shares of NYSE TD traded up $0.67 during midday trading on Tuesday, hitting $75.10. The company's stock had a trading volume of 1,317,124 shares, compared to its average volume of 2,268,836. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.03 and a current ratio of 1.03. Toronto Dominion Bank has a 1-year low of $51.25 and a 1-year high of $75.12. The firm's fifty day moving average price is $70.38 and its 200-day moving average price is $62.99. The firm has a market cap of $129.20 billion, a P/E ratio of 11.01, a P/E/G ratio of 1.68 and a beta of 0.83.

Toronto Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last issued its earnings results on Thursday, May 22nd. The bank reported $1.39 earnings per share 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 firm had revenue of $10.97 billion for the quarter, compared to analyst estimates of $13.36 billion. During the same period last year, the company earned $2.04 earnings per share. On average, sell-side analysts forecast that Toronto Dominion Bank will post 5.48 EPS for the current fiscal year.

Toronto Dominion Bank Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th will be issued a $0.7568 dividend. The ex-dividend date is Thursday, July 10th. This is a boost from Toronto Dominion Bank's previous quarterly dividend of $0.73. This represents a $3.03 annualized dividend and a dividend yield of 4.03%. Toronto Dominion Bank's dividend payout ratio (DPR) is 45.31%.

Analyst Upgrades and Downgrades

Several analysts have commented on TD shares. Scotiabank started coverage on shares of Toronto Dominion Bank in a research note on Thursday, May 15th. They issued a "sector perform" rating for the company. Wall Street Zen raised Toronto Dominion Bank from a "sell" rating to a "hold" rating in a research report on Saturday, May 24th. Finally, Royal Bank Of Canada increased their target price on Toronto Dominion Bank from $87.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Friday, May 23rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, Toronto Dominion Bank has an average rating of "Hold" and an average target price of $93.00.

Toronto Dominion Bank Company Profile

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.