Tableaux LLC Makes New $1.96 Million Investment in The Toronto-Dominion Bank (NYSE:TD)

Tableaux LLC acquired a new position in The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,819 shares of the bank's stock, valued at approximately $1,960,000. Toronto-Dominion Bank accounts for approximately 1.6% of Tableaux LLC's investment portfolio, making the stock its 16th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lee Danner & Bass Inc. bought a new stake in shares of Toronto-Dominion Bank in the 4th quarter worth $27,000. Bank of Jackson Hole Trust acquired a new position in Toronto-Dominion Bank during the fourth quarter worth about $32,000. CoreCap Advisors LLC raised its position in Toronto-Dominion Bank by 57.5% in the fourth quarter. CoreCap Advisors LLC now owns 630 shares of the bank's stock worth $34,000 after acquiring an additional 230 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new stake in Toronto-Dominion Bank in the 4th quarter valued at about $39,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Toronto-Dominion Bank in the 4th quarter valued at about $51,000. Institutional investors own 52.37% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Royal Bank of Canada lifted their price objective on shares of Toronto-Dominion Bank from $87.00 to $93.00 and gave the stock a "sector perform" rating in a research note on Friday, May 23rd. Jefferies Financial Group lowered shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research report on Tuesday, February 18th. Wall Street Zen raised Toronto-Dominion Bank from a "sell" rating to a "hold" rating in a report on Saturday, May 24th. Finally, Scotiabank began coverage on Toronto-Dominion Bank in a research note on Thursday, May 15th. They set a "sector perform" rating for the company. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $93.00.

Toronto-Dominion Bank Trading Up 0.5%

Shares of Toronto-Dominion Bank stock traded up $0.33 during trading on Friday, hitting $69.07. The stock had a trading volume of 1,635,509 shares, compared to its average volume of 2,363,031. The Toronto-Dominion Bank has a 1 year low of $51.25 and a 1 year high of $69.30. The stock has a 50 day simple moving average of $62.04 and a 200 day simple moving average of $58.45. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $119.90 billion, a PE ratio of 19.90, a P/E/G ratio of 1.95 and a beta of 0.81.

Toronto-Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last announced its earnings results on Thursday, May 22nd. The bank reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.14. The company had revenue of $10.97 billion for the quarter, compared to the consensus estimate of $13.36 billion. Toronto-Dominion Bank had a net margin of 7.37% and a return on equity of 13.96%. During the same period in the previous year, the business earned $2.04 EPS. On average, research analysts expect that The Toronto-Dominion Bank will post 5.48 EPS for the current fiscal year.

Toronto-Dominion Bank Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 10th will be given a dividend of $0.7568 per share. This represents a $3.03 annualized dividend and a yield of 4.38%. This is a positive change from Toronto-Dominion Bank's previous quarterly dividend of $0.73. The ex-dividend date of this dividend is Thursday, July 10th. Toronto-Dominion Bank's payout ratio is presently 42.67%.

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.