Toronto Dominion Bank (The) (NYSE:TD) Shares Acquired by Signaturefd LLC

Signaturefd LLC lifted its position in shares of Toronto Dominion Bank (The) (NYSE:TD - Free Report) TSE: TD by 29.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,412 shares of the bank's stock after acquiring an additional 4,825 shares during the period. Signaturefd LLC's holdings in Toronto Dominion Bank were worth $1,283,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Frank Rimerman Advisors LLC increased its position in Toronto Dominion Bank by 3.2% in the fourth quarter. Frank Rimerman Advisors LLC now owns 5,446 shares of the bank's stock worth $290,000 after buying an additional 171 shares during the period. MFA Wealth Services increased its position in Toronto Dominion Bank by 4.5% in the first quarter. MFA Wealth Services now owns 4,179 shares of the bank's stock worth $250,000 after buying an additional 179 shares during the period. Hexagon Capital Partners LLC increased its position in Toronto Dominion Bank by 14.5% in the first quarter. Hexagon Capital Partners LLC now owns 1,500 shares of the bank's stock worth $90,000 after buying an additional 190 shares during the period. JFS Wealth Advisors LLC increased its position in Toronto Dominion Bank by 6.0% in the first quarter. JFS Wealth Advisors LLC now owns 3,421 shares of the bank's stock worth $205,000 after buying an additional 194 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its position in Toronto Dominion Bank by 14.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,619 shares of the bank's stock worth $97,000 after buying an additional 202 shares during the period. 52.37% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. 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. Scotiabank assumed coverage on Toronto Dominion Bank in a research note on Thursday, May 15th. They issued a "sector perform" rating for the company. Finally, Wall Street Zen raised Toronto Dominion Bank from a "sell" rating to a "hold" rating in a research note on Saturday, May 24th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $93.00.

Toronto Dominion Bank Trading Down 0.7%

NYSE:TD opened at $73.48 on Wednesday. Toronto Dominion Bank has a 1 year low of $51.25 and a 1 year high of $75.12. The stock has a market cap of $126.42 billion, a price-to-earnings ratio of 10.77, a PEG ratio of 1.67 and a beta of 0.83. The business has a fifty day moving average of $69.74 and a 200-day moving average of $62.49. 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 (NYSE:TD - Get Free Report) TSE: TD last announced its earnings results on Thursday, May 22nd. The bank reported $1.39 earnings per share for the quarter, beating 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 during the quarter, compared to analysts' expectations of $13.36 billion. During the same quarter last year, the business posted $2.04 earnings per share. Equities analysts predict that Toronto Dominion Bank will post 5.48 earnings per share 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. Investors of record on Thursday, July 10th will be paid a dividend of $0.7568 per share. The ex-dividend date is Thursday, July 10th. This represents a $3.03 annualized dividend and a yield of 4.12%. This is a boost from Toronto Dominion Bank's previous quarterly dividend of $0.73. Toronto Dominion Bank's dividend payout ratio (DPR) is currently 45.31%.

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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