WealthTrust Axiom LLC held its stake in The Toronto-Dominion Bank (NYSE:TD) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 51,301 shares of the company’s stock at the end of the second quarter. WealthTrust Axiom LLC’s holdings in The Toronto-Dominion Bank were worth $2,202,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. 1832 Asset Management L.P. increased its position in shares of The Toronto-Dominion Bank by 2.3% in the first quarter. 1832 Asset Management L.P. now owns 16,848,471 shares of the company’s stock worth $1,082,688,000 after buying an additional 378,084 shares during the last quarter. Canada Pension Plan Investment Board increased its position in shares of The Toronto-Dominion Bank by 436.1% in the first quarter. Canada Pension Plan Investment Board now owns 227,910 shares of the company’s stock worth $9,878,000 after buying an additional 185,400 shares during the last quarter. AMF Pensionsforsakring AB increased its position in shares of The Toronto-Dominion Bank by 9.9% in the first quarter. AMF Pensionsforsakring AB now owns 1,367,363 shares of the company’s stock worth $59,620,000 after buying an additional 122,664 shares during the last quarter. M&T Bank Corp increased its position in shares of The Toronto-Dominion Bank by 3.8% in the first quarter. M&T Bank Corp now owns 15,529 shares of the company’s stock worth $669,000 after buying an additional 565 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. bought a new position in shares of The Toronto-Dominion Bank during the first quarter worth $101,665,000. 51.77% of the stock is owned by institutional investors.

The Toronto-Dominion Bank (NYSE:TD) traded up 1.02% during mid-day trading on Thursday, reaching $44.60. The company’s stock had a trading volume of 1,165,043 shares. The company has a 50 day moving average of $44.19 and a 200-day moving average of $43.44. The Toronto-Dominion Bank has a 52-week low of $33.49 and a 52-week high of $45.98. The stock has a market cap of $82.72 billion, a PE ratio of 13.25 and a beta of 0.98.

The Toronto-Dominion Bank (NYSE:TD) last posted its quarterly earnings data on Thursday, August 25th. The company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.06. The company earned $8.70 billion during the quarter. The Toronto-Dominion Bank had a return on equity of 13.56% and a net margin of 21.02%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.20 earnings per share. Equities analysts forecast that The Toronto-Dominion Bank will post $3.68 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 31st. Stockholders of record on Friday, October 7th will be given a dividend of $0.4249 per share. This is a boost from The Toronto-Dominion Bank’s previous quarterly dividend of $0.42. This represents a $1.70 annualized dividend and a dividend yield of 3.81%. The ex-dividend date is Wednesday, October 5th. The Toronto-Dominion Bank’s dividend payout ratio is currently 50.45%.

A number of research analysts recently weighed in on TD shares. Zacks Investment Research raised The Toronto-Dominion Bank from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Tuesday, August 30th. TD Securities reissued a “buy” rating and issued a $64.00 price objective (up from $61.00) on shares of The Toronto-Dominion Bank in a research note on Monday, August 29th. Bank of America Corp. reissued a “buy” rating on shares of The Toronto-Dominion Bank in a research note on Tuesday, July 12th. BMO Capital Markets reissued a “buy” rating on shares of The Toronto-Dominion Bank in a research note on Wednesday, July 6th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $23.00 price objective on shares of The Toronto-Dominion Bank in a research note on Wednesday, June 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $56.88.

About The Toronto-Dominion Bank

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments, such as Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses, including credit cards, auto finance, wealth and insurance businesses.

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