Charter Trust Co. lifted its position in shares of Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 47.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,182 shares of the bank’s stock after buying an additional 3,267 shares during the period. Charter Trust Co.’s holdings in Toronto-Dominion Bank were worth $619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in TD. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its holdings in shares of Toronto-Dominion Bank by 60.0% during the 2nd quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 10,773,218 shares of the bank’s stock worth $819,734,000 after buying an additional 4,039,200 shares during the last quarter. Toronto Dominion Bank increased its holdings in shares of Toronto-Dominion Bank by 29.9% during the 2nd quarter. Toronto Dominion Bank now owns 14,732,953 shares of the bank’s stock worth $852,369,000 after buying an additional 3,391,735 shares during the last quarter. FIL Ltd increased its holdings in shares of Toronto-Dominion Bank by 8.6% during the 3rd quarter. FIL Ltd now owns 36,739,701 shares of the bank’s stock worth $2,232,570,000 after buying an additional 2,900,086 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Toronto-Dominion Bank by 64.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,568,938 shares of the bank’s stock worth $277,791,000 after buying an additional 1,791,776 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Toronto-Dominion Bank by 48.5% during the 3rd quarter. Renaissance Technologies LLC now owns 4,331,758 shares of the bank’s stock worth $263,332,000 after buying an additional 1,415,378 shares during the last quarter. Institutional investors and hedge funds own 47.92% of the company’s stock.

NYSE:TD opened at $52.49 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market cap of $99.38 billion, a P/E ratio of 10.44, a P/E/G ratio of 1.35 and a beta of 1.02. Toronto-Dominion Bank has a fifty-two week low of $51.96 and a fifty-two week high of $62.00.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last posted its quarterly earnings data on Thursday, November 29th. The bank reported $1.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.40. The firm had revenue of $10.12 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Toronto-Dominion Bank had a net margin of 21.27% and a return on equity of 16.78%. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the company posted $1.36 EPS. As a group, equities analysts forecast that Toronto-Dominion Bank will post 5.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 31st. Investors of record on Thursday, January 10th will be given a dividend of $0.509 per share. The ex-dividend date is Wednesday, January 9th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.88%. Toronto-Dominion Bank’s payout ratio is currently 41.35%.

TD has been the subject of a number of recent analyst reports. Royal Bank of Canada restated a “hold” rating on shares of Toronto-Dominion Bank in a report on Monday, December 3rd. TheStreet cut shares of Toronto-Dominion Bank from a “b-” rating to a “c” rating in a research report on Thursday, November 29th. Zacks Investment Research cut shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Friday, November 9th. Canaccord Genuity reaffirmed a “buy” rating on shares of Toronto-Dominion Bank in a research report on Thursday, November 22nd. Finally, ValuEngine cut shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. Toronto-Dominion Bank presently has an average rating of “Hold” and a consensus target price of $76.50.

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About Toronto-Dominion Bank

The Toronto-Dominion Bank engages in providing financial products and services. It operates through the following business segments: Canadian Retail, U.S. Retail, and Wholesale Banking. The Canadian Retail segment offers various financial products and services, as well as telephone, Internet, and mobile banking services.

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

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