The Toronto-Dominion Bank (TSE:TD - Get Free Report) NYSE: TD Director Theresa Lynn Currie sold 45,172 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of C$86.50, for a total transaction of C$3,907,378.00. Following the sale, the director now owns 163 shares in the company, valued at approximately C$14,099.50. This trade represents a 99.64 % decrease in their position.
Toronto-Dominion Bank Stock Up 1.0 %
TSE:TD traded up C$0.85 during trading hours on Friday, reaching C$85.58. 4,991,858 shares of the company's stock were exchanged, compared to its average volume of 8,136,942. The company has a market capitalization of C$150.14 billion, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. The Toronto-Dominion Bank has a 12 month low of C$73.22 and a 12 month high of C$87.99. The business's 50-day simple moving average is C$82.38 and its two-hundred day simple moving average is C$80.90.
Toronto-Dominion Bank Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 10th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 4.91%. Toronto-Dominion Bank's dividend payout ratio (DPR) is presently 80.84%.
Wall Street Analyst Weigh In
Several research firms have commented on TD. National Bankshares decreased their target price on shares of Toronto-Dominion Bank from C$85.00 to C$80.00 in a research report on Friday, December 6th. Desjardins cut shares of Toronto-Dominion Bank from a "moderate buy" rating to a "hold" rating in a research report on Thursday, December 5th. BMO Capital Markets upgraded shares of Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating and set a C$90.00 target price for the company in a research report on Thursday, December 19th. Jefferies Financial Group cut shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating and upped their target price for the stock from C$90.00 to C$99.00 in a research report on Tuesday, February 18th. Finally, UBS Group upped their target price on shares of Toronto-Dominion Bank from C$83.00 to C$90.00 in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of C$88.75.
Read Our Latest Analysis on Toronto-Dominion Bank
About Toronto-Dominion Bank
(
Get Free Report)
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.
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