IFP Advisors Inc raised its position in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 14.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 11,142 shares of the bank’s stock after buying an additional 1,448 shares during the period. IFP Advisors Inc’s holdings in Toronto Dominion Bank (The) were worth $561,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of TD. Acadian Asset Management LLC raised its stake in shares of Toronto Dominion Bank (The) by 46.1% in the first quarter. Acadian Asset Management LLC now owns 6,676,336 shares of the bank’s stock worth $333,462,000 after buying an additional 2,106,791 shares during the period. Foster & Motley Inc. raised its stake in shares of Toronto Dominion Bank (The) by 4.4% in the first quarter. Foster & Motley Inc. now owns 272,625 shares of the bank’s stock worth $13,656,000 after buying an additional 11,368 shares during the period. Fieldpoint Private Advisors Inc. raised its stake in shares of Toronto Dominion Bank (The) by 4.1% in the first quarter. Fieldpoint Private Advisors Inc. now owns 16,215 shares of the bank’s stock worth $812,000 after buying an additional 640 shares during the period. Ferguson Wellman Capital Management Inc. raised its stake in shares of Toronto Dominion Bank (The) by 3.0% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 217,664 shares of the bank’s stock worth $10,903,000 after buying an additional 6,432 shares during the period. Finally, Candriam Luxembourg S.C.A. raised its stake in shares of Toronto Dominion Bank (The) by 11.5% in the first quarter. Candriam Luxembourg S.C.A. now owns 140,352 shares of the bank’s stock worth $7,010,000 after buying an additional 14,430 shares during the period. Institutional investors own 52.41% of the company’s stock.

Toronto Dominion Bank (NYSE TD) opened at 50.11 on Friday. The firm has a 50-day moving average of $50.92 and a 200 day moving average of $49.85. Toronto Dominion Bank has a one year low of $43.09 and a one year high of $54.44. The stock has a market capitalization of $92.37 billion, a PE ratio of 12.42 and a beta of 0.89.

Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) last announced its quarterly earnings data on Thursday, May 25th. The bank reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.08. The firm had revenue of $8.47 billion during the quarter, compared to analyst estimates of $8.72 billion. Toronto Dominion Bank (The) had a net margin of 22.56% and a return on equity of 14.09%. Toronto Dominion Bank (The)’s revenue was up 2.6% on a year-over-year basis. During the same period last year, the firm posted $1.20 EPS. On average, equities research analysts anticipate that Toronto Dominion Bank will post $4.19 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Monday, July 10th were given a $0.444 dividend. This represents a $1.78 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend was Thursday, July 6th. Toronto Dominion Bank (The)’s payout ratio is currently 48.18%.

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A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Toronto Dominion Bank (The) from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. BidaskClub raised shares of Toronto Dominion Bank (The) from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th. Canaccord Genuity initiated coverage on shares of Toronto Dominion Bank (The) in a research note on Tuesday, July 18th. They set a “buy” rating on the stock. Royal Bank Of Canada lifted their target price on shares of 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, Barclays PLC raised shares of Toronto Dominion Bank (The) from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, May 23rd. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus 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.

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

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