Oppenheimer & Co. Inc. Has $691,000 Holdings in Toronto Dominion Bank (The) (NYSE:TD)

Oppenheimer & Co. Inc. boosted its holdings in Toronto Dominion Bank (The) (NYSE:TD - Free Report) TSE: TD by 144.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,532 shares of the bank's stock after purchasing an additional 6,818 shares during the period. Oppenheimer & Co. Inc.'s holdings in Toronto Dominion Bank were worth $691,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Lee Danner & Bass Inc. bought a new position in Toronto Dominion Bank in the fourth quarter worth about $27,000. Financial Management Professionals Inc. increased its holdings in shares of Toronto Dominion Bank by 322.4% in the 1st quarter. Financial Management Professionals Inc. now owns 490 shares of the bank's stock worth $29,000 after acquiring an additional 374 shares during the period. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Toronto Dominion Bank in the first quarter valued at approximately $32,000. CoreCap Advisors LLC grew its holdings in Toronto Dominion Bank by 57.5% in the 4th quarter. CoreCap Advisors LLC now owns 630 shares of the bank's stock worth $34,000 after buying an additional 230 shares in the last quarter. Finally, ORG Partners LLC acquired a new stake in Toronto Dominion Bank in the 1st quarter valued at approximately $34,000. Institutional investors and hedge funds own 52.37% of the company's stock.

Toronto Dominion Bank Stock Down 0.1%

TD traded down $0.07 during midday trading on Wednesday, hitting $74.04. 243,913 shares of the company's stock traded hands, compared to its average volume of 2,317,769. 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 has a market cap of $127.39 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 1.79 and a beta of 0.83. The stock's fifty day simple moving average is $67.52 and its 200-day simple moving average is $61.00. Toronto Dominion Bank has a one year low of $51.25 and a one year high of $74.35.

Toronto Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last announced its quarterly earnings results on Thursday, May 22nd. The bank reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.14. The company had revenue of $10.97 billion during the quarter, compared to analysts' expectations of $13.36 billion. Toronto Dominion Bank had a return on equity of 13.11% and a net margin of 13.53%. During the same quarter in the previous year, the firm earned $2.04 earnings per share. As a group, equities analysts anticipate that Toronto Dominion Bank will post 5.48 earnings per share for the current fiscal year.

Toronto Dominion Bank Increases Dividend

The firm 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. This is an increase from Toronto Dominion Bank's previous quarterly dividend of $0.73. The ex-dividend date of this dividend is Thursday, July 10th. This represents a $3.03 annualized dividend and a yield of 4.09%. Toronto Dominion Bank's dividend payout ratio is presently 42.82%.

Analyst Ratings Changes

TD has been the topic of a number of research analyst reports. Scotiabank assumed coverage on shares of Toronto Dominion Bank in a research note on Thursday, May 15th. They set a "sector perform" rating on the stock. Royal Bank Of Canada boosted their price objective on 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. 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 research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $93.00.

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.