Insider Buying: The Toronto-Dominion Bank (TSE:TD) Director Purchases 3,000 Shares of Stock

The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD Director Ana Arsov acquired 3,000 shares of the firm's stock in a transaction on Wednesday, May 28th. The shares were bought at an average cost of C$94.49 per share, with a total value of C$283,470.00.

Ana Arsov also recently made the following trade(s):

• On Friday, April 11th, Ana Arsov purchased 3,483 shares of Toronto-Dominion Bank stock. The stock was bought at an average cost of C$80.24 per share, with a total value of C$279,475.92.

Toronto-Dominion Bank Stock Performance

Shares of TD traded up C$0.09 during mid-day trading on Friday, reaching C$95.01. The company had a trading volume of 4,933,789 shares, compared to its average volume of 8,105,374. The firm has a 50-day moving average price of C$86.84 and a 200 day moving average price of C$82.97. The Toronto-Dominion Bank has a 52 week low of C$73.22 and a 52 week high of C$95.10. The company has a market capitalization of C$166.68 billion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th will be given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.42%. Toronto-Dominion Bank's dividend payout ratio is currently 80.84%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TD. CIBC dropped their price target on Toronto-Dominion Bank from C$95.00 to C$94.00 in a research note on Thursday, May 22nd. Scotiabank upgraded Toronto-Dominion Bank to a "hold" rating in a report on Wednesday, May 14th. Jefferies Financial Group cut Toronto-Dominion Bank from a "buy" rating to a "hold" rating and upped their price objective for the stock from C$90.00 to C$99.00 in a report on Tuesday, February 18th. National Bankshares set a C$80.00 price objective on Toronto-Dominion Bank and gave the stock a "sector perform" rating in a report on Thursday, May 22nd. Finally, UBS Group lifted their price objective on Toronto-Dominion Bank from C$83.00 to C$90.00 in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Toronto-Dominion Bank has an average rating of "Hold" and an average target price of C$88.67.

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.