Natixis Advisors LLC Sells 24,399 Shares of The Toronto-Dominion Bank (NYSE:TD)

Natixis Advisors LLC reduced its holdings in The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD by 36.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,705 shares of the bank's stock after selling 24,399 shares during the quarter. Natixis Advisors LLC's holdings in Toronto-Dominion Bank were worth $2,274,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Dunhill Financial LLC lifted its position in shares of Toronto-Dominion Bank by 164.9% during the third quarter. Dunhill Financial LLC now owns 400 shares of the bank's stock worth $25,000 after purchasing an additional 249 shares in the last quarter. Bank of Jackson Hole Trust acquired a new position in Toronto-Dominion Bank during the 4th quarter worth $32,000. Versant Capital Management Inc boosted its position in Toronto-Dominion Bank by 40.0% in the 4th quarter. Versant Capital Management Inc now owns 700 shares of the bank's stock valued at $37,000 after buying an additional 200 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Toronto-Dominion Bank in the 4th quarter valued at $51,000. Finally, Union Bancaire Privee UBP SA acquired a new stake in shares of Toronto-Dominion Bank in the 4th quarter valued at $58,000. 52.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Desjardins cut Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a report on Friday, December 6th. Scotiabank lowered shares of Toronto-Dominion Bank from a "sector outperform" rating to a "sector perform" rating in a research note on Friday, December 6th. Jefferies Financial Group downgraded shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research note on Tuesday, February 18th. Bank of America raised shares of Toronto-Dominion Bank from a "neutral" rating to a "buy" rating in a research note on Friday, January 17th. Finally, StockNews.com cut shares of Toronto-Dominion Bank from a "hold" rating to a "sell" rating in a research report on Monday, February 24th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $80.50.

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Toronto-Dominion Bank Trading Down 0.2 %

NYSE:TD traded down $0.15 during trading hours on Thursday, hitting $61.00. The stock had a trading volume of 2,704,548 shares, compared to its average volume of 2,403,104. The business's 50 day moving average is $58.82 and its 200-day moving average is $57.65. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $106.89 billion, a price-to-earnings ratio of 17.58, a P/E/G ratio of 1.95 and a beta of 0.83. The Toronto-Dominion Bank has a one year low of $51.25 and a one year high of $64.91.

Toronto-Dominion Bank Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be paid a $0.7278 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $2.91 dividend on an annualized basis and a yield of 4.77%. Toronto-Dominion Bank's payout ratio is 85.29%.

Toronto-Dominion Bank 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.