Insider Buying: The Toronto-Dominion Bank (TSE:TD) Director Buys 3,483 Shares of Stock

The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD Director Ana Arsov acquired 3,483 shares of the company's stock in a transaction that occurred on Friday, April 11th. The shares were acquired at an average cost of C$80.24 per share, for a total transaction of C$279,475.92.

Toronto-Dominion Bank Trading Up 0.2 %

TSE TD traded up C$0.18 on Friday, hitting C$83.98. 12,163,776 shares of the company were exchanged, compared to its average volume of 8,933,388. The Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$87.99. The company has a market cap of C$147.33 billion, a PE ratio of 16.64, a PEG ratio of 1.22 and a beta of 0.82. The stock has a fifty day moving average of C$84.44 and a 200-day moving average of C$81.16.

Toronto-Dominion Bank Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 30th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 5.00%. The ex-dividend date is Thursday, April 10th. Toronto-Dominion Bank's payout ratio is presently 80.84%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TD shares. UBS Group upped their price objective on Toronto-Dominion Bank from C$83.00 to C$90.00 in a research report on Friday, February 14th. Jefferies Financial Group cut shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating and raised their price target for the stock from C$90.00 to C$99.00 in a research note on Tuesday, February 18th. Royal Bank of Canada boosted their price objective on shares of Toronto-Dominion Bank from C$77.00 to C$86.00 and gave the stock a "sector perform" rating in a research report on Wednesday, January 8th. Scotiabank decreased their target price on shares of Toronto-Dominion Bank from C$83.00 to C$82.00 and set a "sector perform" rating for the company in a research report on Thursday, February 20th. Finally, CIBC cut their price target on shares of Toronto-Dominion Bank from C$96.00 to C$95.00 in a research report on Thursday, March 6th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of C$88.75.

About Toronto-Dominion Bank

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.