Fmr LLC Has $414.42 Million Stock Holdings in The Toronto-Dominion Bank (NYSE:TD)

FMR LLC raised its position in shares of The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD by 9.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,553,761 shares of the bank's stock after purchasing an additional 587,947 shares during the quarter. FMR LLC owned 0.37% of Toronto-Dominion Bank worth $414,417,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of TD. Mackenzie Financial Corp raised its position in Toronto-Dominion Bank by 0.8% during the second quarter. Mackenzie Financial Corp now owns 25,997,122 shares of the bank's stock valued at $1,429,186,000 after buying an additional 218,807 shares during the period. 1832 Asset Management L.P. boosted its holdings in shares of Toronto-Dominion Bank by 6.0% during the second quarter. 1832 Asset Management L.P. now owns 25,803,480 shares of the bank's stock worth $1,418,159,000 after purchasing an additional 1,462,794 shares during the period. CIBC Asset Management Inc grew its position in Toronto-Dominion Bank by 5.4% during the third quarter. CIBC Asset Management Inc now owns 16,515,643 shares of the bank's stock valued at $1,046,825,000 after purchasing an additional 853,313 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Toronto-Dominion Bank by 9.6% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,814,269 shares of the bank's stock valued at $759,449,000 after purchasing an additional 1,206,574 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in Toronto-Dominion Bank by 24.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 13,509,261 shares of the bank's stock valued at $854,815,000 after buying an additional 2,689,532 shares during the period. Hedge funds and other institutional investors own 52.37% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TD shares. StockNews.com cut shares of Toronto-Dominion Bank from a "hold" rating to a "sell" rating in a report on Thursday, August 22nd. Barclays lowered Toronto-Dominion Bank from an "equal weight" rating to an "underweight" rating in a report on Thursday, November 21st. Royal Bank of Canada lowered shares of Toronto-Dominion Bank from an "outperform" rating to a "sector perform" rating in a research report on Friday, October 11th. Finally, National Bank Financial raised shares of Toronto-Dominion Bank from an "underperform" rating to a "sector perform" rating in a research report on Thursday, August 22nd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Toronto-Dominion Bank presently has a consensus rating of "Hold" and an average target price of $84.00.

Toronto-Dominion Bank Trading Up 0.3 %

Shares of NYSE:TD opened at $56.56 on Friday. The Toronto-Dominion Bank has a 52-week low of $53.52 and a 52-week high of $65.12. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.02. The company has a market cap of $99.00 billion, a P/E ratio of 18.07, a P/E/G ratio of 1.94 and a beta of 0.82. The stock's 50-day moving average is $58.17 and its 200-day moving average is $57.71.

Toronto-Dominion Bank Company Profile

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.