Cape Cod Five Cents Savings Bank Has $870,000 Position in Toronto Dominion Bank (The) (TD)

Cape Cod Five Cents Savings Bank reduced its stake in shares of Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 1.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,269 shares of the bank’s stock after selling 300 shares during the period. Cape Cod Five Cents Savings Bank’s holdings in Toronto Dominion Bank (The) were worth $870,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. LVM Capital Management Ltd. MI increased its stake in shares of Toronto Dominion Bank (The) by 2.3% in the second quarter. LVM Capital Management Ltd. MI now owns 184,812 shares of the bank’s stock valued at $9,311,000 after buying an additional 4,137 shares in the last quarter. Eqis Capital Management Inc. increased its stake in shares of Toronto Dominion Bank (The) by 12.2% in the second quarter. Eqis Capital Management Inc. now owns 11,883 shares of the bank’s stock valued at $599,000 after buying an additional 1,293 shares in the last quarter. Mn Services Vermogensbeheer B.V. acquired a new stake in shares of Toronto Dominion Bank (The) during the second quarter valued at $15,344,000. Leavell Investment Management Inc. increased its stake in shares of Toronto Dominion Bank (The) by 6.8% in the second quarter. Leavell Investment Management Inc. now owns 22,035 shares of the bank’s stock valued at $1,110,000 after buying an additional 1,400 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of Toronto Dominion Bank (The) by 2.1% in the second quarter. Fisher Asset Management LLC now owns 17,753 shares of the bank’s stock valued at $894,000 after buying an additional 372 shares in the last quarter. Hedge funds and other institutional investors own 52.58% of the company’s stock.

Toronto Dominion Bank (TD) traded up 0.74% during trading on Friday, reaching $51.52. The company had a trading volume of 1,231,830 shares. The firm has a 50-day moving average price of $50.43 and a 200 day moving average price of $49.84. The stock has a market cap of $94.97 billion, a P/E ratio of 12.83 and a beta of 0.89. Toronto Dominion Bank has a 12-month low of $42.75 and a 12-month high of $54.44.

Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) last posted its quarterly earnings data on Thursday, May 25th. The bank reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.08. Toronto Dominion Bank (The) had a net margin of 22.56% and a return on equity of 14.09%. The company had revenue of $8.47 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter in the previous year, the firm posted $1.20 EPS. The business’s revenue was up 2.6% compared to the same quarter last year. Equities research analysts predict that Toronto Dominion Bank will post $4.23 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 31st. Stockholders of record on Monday, July 10th will be issued a dividend of $0.444 per share. The ex-dividend date of this dividend is Thursday, July 6th. This represents a $1.78 annualized dividend and a dividend yield of 3.45%. Toronto Dominion Bank (The)’s payout ratio is 48.18%.

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TD has been the subject of several recent analyst reports. Zacks Investment Research downgraded Toronto Dominion Bank (The) from a “hold” rating to a “sell” rating in a research note on Thursday, May 4th. National Bank Financial restated a “sector perform overweight” rating on shares of Toronto Dominion Bank (The) in a research note on Thursday, May 18th. Barclays PLC upgraded Toronto Dominion Bank (The) from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, May 23rd. Royal Bank Of Canada raised their target price on Toronto Dominion Bank (The) from $68.00 to $70.00 and gave the company a “sector perform” rating in a research note on Friday, May 26th. Finally, BidaskClub upgraded Toronto Dominion Bank (The) from a “sell” rating to a “hold” rating in a research note on Tuesday, June 13th. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Toronto Dominion Bank (The) presently has a consensus rating of “Buy” and an average target price of $61.71.

Toronto Dominion Bank (The) Company Profile

Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses.

Institutional Ownership by Quarter for Toronto Dominion Bank (The) (NYSE:TD)

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