FORA Capital LLC Sells 33,104 Shares of The Toronto-Dominion Bank (NYSE:TD)

FORA Capital LLC lessened its stake in The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD by 60.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,030 shares of the bank's stock after selling 33,104 shares during the quarter. FORA Capital LLC's holdings in Toronto-Dominion Bank were worth $1,394,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 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 worth $854,815,000 after acquiring an additional 2,689,532 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Toronto-Dominion Bank by 61.1% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,011,579 shares of the bank's stock valued at $380,118,000 after purchasing an additional 2,279,864 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Toronto-Dominion Bank by 61.7% in the second quarter. Dimensional Fund Advisors LP now owns 5,806,974 shares of the bank's stock worth $319,151,000 after purchasing an additional 2,215,185 shares during the last quarter. 1832 Asset Management L.P. raised its stake in 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 valued at $1,418,159,000 after purchasing an additional 1,462,794 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted 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 during the last quarter. Institutional investors own 52.37% of the company's stock.

Toronto-Dominion Bank Trading Up 0.9 %

Shares of NYSE:TD traded up $0.51 during trading hours on Thursday, hitting $56.39. 1,514,118 shares of the company's stock traded hands, compared to its average volume of 2,731,589. The firm has a market capitalization of $98.70 billion, a P/E ratio of 18.02, a price-to-earnings-growth ratio of 1.92 and a beta of 0.82. The business has a fifty day moving average price of $58.49 and a 200-day moving average price of $57.72. The Toronto-Dominion Bank has a 1 year low of $53.52 and a 1 year high of $65.12. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.02 and a quick ratio of 1.02.

Analyst Ratings Changes

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

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.