Melanie Burns Sells 6,272 Shares of The Toronto-Dominion Bank (TSE:TD) Stock

The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD Senior Officer Melanie Burns sold 6,272 shares of the firm's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of C$97.46, for a total value of C$611,269.12.

Toronto-Dominion Bank Trading Up 0.4%

Toronto-Dominion Bank stock traded up C$0.38 during trading hours on Monday, hitting C$97.77. 8,092,047 shares of the stock traded hands, compared to its average volume of 7,604,104. The firm's 50-day moving average price is C$90.88 and its two-hundred day moving average price is C$84.88. The company has a market cap of C$171.53 billion, a PE ratio of 19.37, a PEG ratio of 1.22 and a beta of 0.82. The Toronto-Dominion Bank has a one year low of C$73.22 and a one year high of C$98.20.

Toronto-Dominion Bank Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 10th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.30%. Toronto-Dominion Bank's dividend payout ratio (DPR) is currently 80.84%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TD. National Bankshares set a C$80.00 price objective on Toronto-Dominion Bank and gave the company a "sector perform" rating in a research note on Thursday, May 22nd. CIBC lifted their target price on Toronto-Dominion Bank from C$96.00 to C$99.00 and gave the company an "outperform" rating in a research note on Thursday, June 5th. Scotiabank upgraded Toronto-Dominion Bank to a "hold" rating in a research report on Wednesday, May 14th. Barclays raised their price objective on shares of Toronto-Dominion Bank from C$83.00 to C$91.00 in a research report on Monday, June 9th. Finally, Canaccord Genuity Group upped their price target on shares of Toronto-Dominion Bank from C$80.00 to C$81.00 and gave the company a "buy" rating in a research report on Monday, June 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of C$89.31.

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.