Natixis Advisors L.P. Purchases 26,713 Shares of The Toronto-Dominion Bank (NYSE:TD)

Natixis Advisors L.P. raised its holdings in The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD by 25.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,214 shares of the bank's stock after acquiring an additional 26,713 shares during the period. Natixis Advisors L.P.'s holdings in Toronto-Dominion Bank were worth $8,479,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Bray Capital Advisors lifted its position in Toronto-Dominion Bank by 206.7% during the third quarter. Bray Capital Advisors now owns 460 shares of the bank's stock valued at $28,000 after purchasing an additional 310 shares during the last quarter. Bank of New Hampshire purchased a new position in Toronto-Dominion Bank in the fourth quarter worth $32,000. Avior Wealth Management LLC grew its position in Toronto-Dominion Bank by 92.9% in the fourth quarter. Avior Wealth Management LLC now owns 594 shares of the bank's stock worth $38,000 after acquiring an additional 286 shares in the last quarter. Bruce G. Allen Investments LLC bought a new position in Toronto-Dominion Bank in the fourth quarter valued at $50,000. Finally, Bfsg LLC purchased a new stake in Toronto-Dominion Bank during the fourth quarter valued at about $57,000. Institutional investors own 52.37% of the company's stock.

Toronto-Dominion Bank Trading Up 0.2 %

Shares of NYSE TD traded up $0.11 during mid-day trading on Thursday, hitting $56.12. The stock had a trading volume of 2,358,601 shares, compared to its average volume of 3,064,935. The business has a 50 day moving average price of $58.91 and a two-hundred day moving average price of $59.97. The Toronto-Dominion Bank has a 1 year low of $54.12 and a 1 year high of $66.15. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market cap of $98.95 billion, a P/E ratio of 11.99, a price-to-earnings-growth ratio of 1.71 and a beta of 0.84.

Toronto-Dominion Bank (NYSE:TD - Get Free Report) TSE: TD last released its quarterly earnings data on Thursday, February 29th. The bank reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.05. The firm had revenue of $10.07 billion for the quarter, compared to analysts' expectations of $9.35 billion. Toronto-Dominion Bank had a net margin of 11.16% and a return on equity of 14.15%. On average, equities analysts anticipate that The Toronto-Dominion Bank will post 5.77 EPS for the current fiscal year.

Toronto-Dominion Bank Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 9th were issued a $0.7519 dividend. The ex-dividend date of this dividend was Monday, April 8th. This represents a $3.01 annualized dividend and a yield of 5.36%. This is a boost from Toronto-Dominion Bank's previous quarterly dividend of $0.75. Toronto-Dominion Bank's dividend payout ratio (DPR) is 64.53%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Barclays initiated coverage on Toronto-Dominion Bank in a report on Wednesday, March 20th. They set an "equal weight" rating on the stock. Scotiabank raised shares of Toronto-Dominion Bank from a "sector perform" rating to a "sector outperform" rating in a research note on Wednesday, April 17th. Finally, Jefferies Financial Group started coverage on shares of Toronto-Dominion Bank in a report on Thursday, February 22nd. They set a "hold" rating on the stock. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Toronto-Dominion Bank has an average rating of "Hold" and a consensus target price of $89.33.

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.