The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD's share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$81.14 and traded as high as C$84.44. Toronto-Dominion Bank shares last traded at C$84.18, with a volume of 3,926,144 shares.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on TD. National Bankshares cut their price target on shares of Toronto-Dominion Bank from C$84.00 to C$80.00 and set a "sector perform" rating for the company in a report on Monday, April 7th. Royal Bank of Canada upped their target price on Toronto-Dominion Bank from C$77.00 to C$86.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 8th. CIBC decreased their price target on Toronto-Dominion Bank from C$96.00 to C$95.00 in a research note on Thursday, March 6th. Jefferies Financial Group downgraded 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 research report on Tuesday, February 18th. Finally, UBS Group lifted their target price on Toronto-Dominion Bank from C$83.00 to C$90.00 in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of C$88.75.
Check Out Our Latest Stock Analysis on TD
Toronto-Dominion Bank Trading Down 0.0 %
The stock has a market cap of C$151.18 billion, a P/E ratio of 17.07, a PEG ratio of 1.22 and a beta of 0.82. The company's 50-day simple moving average is C$84.44 and its 200 day simple moving average is C$81.14.
Toronto-Dominion Bank Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 30th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 4.87%. The ex-dividend date of this dividend is Thursday, April 10th. Toronto-Dominion Bank's dividend payout ratio is presently 80.84%.
Insider Transactions at Toronto-Dominion Bank
In other news, Director Ana Arsov acquired 3,483 shares of the stock in a transaction that occurred on Friday, April 11th. The shares were acquired at an average cost of C$80.24 per share, for a total transaction of C$279,475.92. Also, Director Ajay Kumar Virmani bought 24,636 shares of Toronto-Dominion Bank stock in a transaction dated Wednesday, April 9th. The stock was acquired at an average price of C$81.22 per share, with a total value of C$2,000,935.92. Company insiders own 0.08% of the company's stock.
Toronto-Dominion Bank Company Profile
(
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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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