Kelvin Vi Luan Tran Sells 9,612 Shares of The Toronto-Dominion Bank (TSE:TD) Stock

The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD Senior Officer Kelvin Vi Luan Tran sold 9,612 shares of the firm's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of C$94.98, for a total value of C$912,947.76.

Toronto-Dominion Bank Stock Down 0.8%

TD traded down C$0.80 on Wednesday, hitting C$95.22. 1,986,736 shares of the company traded hands, compared to its average volume of 7,993,001. The Toronto-Dominion Bank has a 12-month low of C$73.22 and a 12-month high of C$96.02. The company has a 50 day moving average of C$87.16 and a 200-day moving average of C$83.26. The stock has a market capitalization of C$167.05 billion, a PE ratio of 18.87, a PEG ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 10th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 4.41%. Toronto-Dominion Bank's dividend payout ratio is currently 80.84%.

Wall Street Analyst Weigh In

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