Cidel Asset Administration Inc. decreased its holdings in The Toronto-Dominion Financial institution (NYSE:TD – Get Score) (TSE:TD) by 3.0% throughout the third quarter, in accordance with the corporate in its most up-to-date submitting with the SEC. The fund owned 2,095,658 shares of the financial institution’s inventory after promoting 64,615 shares throughout the interval. Toronto-Dominion Financial institution makes up about 6.1% of Cidel Asset Administration Inc.’s portfolio, making the inventory its 2nd largest place. Cidel Asset Administration Inc. owned about 0.12% of Toronto-Dominion Financial institution price $129,212,000 on the finish of the newest quarter.
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Different hedge funds and different institutional buyers additionally not too long ago modified their holdings of the corporate. Fairfield Bush & CO. acquired a brand new place in Toronto-Dominion Financial institution throughout the 1st quarter price about $26,000. BlackRock Inc. lifted its holdings in Toronto-Dominion Financial institution by 6.3% throughout the 1st quarter. BlackRock Inc. now owns 914,064 shares of the financial institution’s inventory price $72,595,000 after shopping for a further 54,121 shares throughout the interval. U.S. Capital Wealth Advisors LLC acquired a brand new place in Toronto-Dominion Financial institution throughout the 1st quarter price about $200,000. Raymond James Belief N.A. lifted its stake in shares of Toronto-Dominion Financial institution by 1.7% within the 1st quarter. Raymond James Belief N.A. now owns 9,868 shares of the financial institution’s inventory valued at $784,000 after buying a further 161 shares throughout the interval. Lastly, Cetera Funding Advisers lifted its stake in shares of Toronto-Dominion Financial institution by 21.8% within the 1st quarter. Cetera Funding Advisers now owns 12,022 shares of the financial institution’s inventory valued at $955,000 after buying a further 2,154 shares throughout the interval. Institutional buyers personal 49.22% of the corporate’s inventory.
Toronto-Dominion Financial institution Buying and selling Up 1.4 %
Shares of TD inventory traded up $0.90 throughout buying and selling hours on Friday, reaching $66.65. The corporate’s inventory had a buying and selling quantity of 1,554,677 shares, in comparison with its common quantity of 1,680,808. The inventory has a market capitalization of $121.43 billion, a P/E ratio of 9.11, a P/E/G ratio of 1.28 and a beta of 0.89. The Toronto-Dominion Financial institution has a one yr low of $57.27 and a one yr excessive of $86.01. The agency’s fifty day easy shifting common is $65.76 and its 200 day easy shifting common is $64.76. The corporate has a present ratio of 0.97, a fast ratio of 0.97 and a debt-to-equity ratio of 0.11.
Toronto-Dominion Financial institution Will increase Dividend
The enterprise additionally not too long ago disclosed a quarterly dividend, which shall be paid on Tuesday, January thirty first. Shareholders of report on Friday, January sixth shall be paid a dividend of $0.7081 per share. This can be a increase from Toronto-Dominion Financial institution’s earlier quarterly dividend of $0.70. The ex-dividend date is Thursday, January fifth. This represents a $2.83 dividend on an annualized foundation and a yield of 4.25%. Toronto-Dominion Financial institution’s payout ratio is presently 38.66%.
Analyst Scores Modifications
TD has been the subject of a variety of analysis reviews. Credit score Suisse Group upped their goal worth on Toronto-Dominion Financial institution from C$96.00 to C$98.00 in a analysis report on Friday, December 2nd. Canaccord Genuity Group upgraded Toronto-Dominion Financial institution from a “hold” ranking to a “buy” ranking in a analysis be aware on Friday, December 2nd. StockNews.com started protection on Toronto-Dominion Financial institution in a analysis be aware on Wednesday, October twelfth. They issued a “hold” ranking for the corporate. Canaccord Genuity Group upgraded Toronto-Dominion Financial institution from a “hold” ranking to a “buy” ranking and raised their goal worth for the inventory from C$95.00 to C$103.00 in a analysis be aware on Monday, December fifth. Lastly, Scotiabank lower their goal worth on Toronto-Dominion Financial institution from C$103.00 to C$100.00 in a analysis be aware on Tuesday, December twentieth. 5 analysts have rated the inventory with a maintain ranking and 4 have given a purchase ranking to the corporate. In keeping with MarketBeat, the corporate presently has a consensus ranking of “Hold” and a mean worth goal of $101.00.
Toronto-Dominion Financial institution Firm Profile
The Toronto-Dominion Financial institution, along with its subsidiaries, gives varied monetary services in Canada, america, and internationally. It operates by way of Canadian Private and Industrial Banking, U.S. Retail, Wealth Administration and Insurance coverage, and Wholesale Banking segments. The corporate provides private deposits, equivalent to checking, financial savings, and funding merchandise; financing, funding, money administration, worldwide commerce, and day-to-day banking providers to companies; and financing choices to clients at level of sale for automotive and leisure automobile purchases.
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