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

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

Toronto-Dominion Bank Price Performance

Shares of TD traded down C$0.04 during trading hours on Friday, reaching C$97.39. 11,901,530 shares of the company's stock traded hands, compared to its average volume of 7,600,004. The Toronto-Dominion Bank has a twelve month low of C$73.22 and a twelve month high of C$98.20. The business's fifty day simple moving average is C$90.55 and its two-hundred day simple moving average is C$84.71. The firm has a market capitalization of C$170.86 billion, a price-to-earnings ratio of 19.30, a P/E/G ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 4.31%. Toronto-Dominion Bank's payout ratio is presently 80.84%.

Analyst Ratings Changes

A number of research firms have weighed in on TD. CIBC increased their target price on Toronto-Dominion Bank from C$96.00 to C$99.00 and gave the stock an "outperform" rating in a research note on Thursday, June 5th. Barclays lifted 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. National Bankshares set a C$80.00 price target on shares of Toronto-Dominion Bank and gave the stock a "sector perform" rating in a report on Thursday, May 22nd. Canaccord Genuity Group increased their price objective 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. Finally, Scotiabank upgraded Toronto-Dominion Bank to a "hold" rating in a research note on Wednesday, May 14th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Toronto-Dominion Bank 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.

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