The Toronto-Dominion Bank (NYSE:TD) Shares Sold by Signaturefd LLC

Signaturefd LLC decreased its position in shares of The Toronto-Dominion Bank (NYSE:TD - Free Report) TSE: TD by 21.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,587 shares of the bank's stock after selling 4,447 shares during the quarter. Signaturefd LLC's holdings in Toronto-Dominion Bank were worth $883,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of TD. Oppenheimer & Co. Inc. raised its position in Toronto-Dominion Bank by 5.1% during the third quarter. Oppenheimer & Co. Inc. now owns 10,012 shares of the bank's stock worth $633,000 after acquiring an additional 485 shares during the last quarter. Natixis Advisors LLC increased its stake in shares of Toronto-Dominion Bank by 65.4% during the 3rd quarter. Natixis Advisors LLC now owns 67,104 shares of the bank's stock worth $4,245,000 after purchasing an additional 26,522 shares in the last quarter. Pathstone Holdings LLC raised its position in shares of Toronto-Dominion Bank by 0.8% during the 3rd quarter. Pathstone Holdings LLC now owns 22,309 shares of the bank's stock worth $1,411,000 after purchasing an additional 184 shares during the last quarter. Caprock Group LLC lifted its stake in Toronto-Dominion Bank by 6.2% in the 3rd quarter. Caprock Group LLC now owns 5,885 shares of the bank's stock valued at $372,000 after buying an additional 343 shares in the last quarter. Finally, West Family Investments Inc. grew its holdings in Toronto-Dominion Bank by 6.3% during the 3rd quarter. West Family Investments Inc. now owns 4,959 shares of the bank's stock valued at $314,000 after buying an additional 294 shares during the last quarter. Institutional investors and hedge funds own 52.37% of the company's stock.

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Toronto-Dominion Bank Trading Up 1.7 %

Shares of TD traded up $1.03 during mid-day trading on Monday, reaching $60.56. The company had a trading volume of 1,594,360 shares, compared to its average volume of 2,400,925. The Toronto-Dominion Bank has a fifty-two week low of $51.25 and a fifty-two week high of $64.91. The firm has a fifty day simple moving average of $58.46 and a 200-day simple moving average of $57.62. The stock has a market cap of $106.11 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 1.95 and a beta of 0.83. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.11.

Toronto-Dominion Bank Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.7278 per share. The ex-dividend date is Thursday, April 10th. This represents a $2.91 annualized dividend and a yield of 4.81%. Toronto-Dominion Bank's dividend payout ratio is presently 85.29%.

Analyst Upgrades and Downgrades

TD has been the topic of several recent research reports. StockNews.com downgraded Toronto-Dominion Bank from a "hold" rating to a "sell" rating in a research report on Monday, February 24th. Desjardins cut shares of Toronto-Dominion Bank from a "buy" rating to a "hold" rating in a research note on Friday, December 6th. Royal Bank of Canada lowered their price target on shares of Toronto-Dominion Bank from $82.00 to $77.00 and set a "sector perform" rating for the company in a report on Friday, December 6th. BMO Capital Markets raised shares of Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating in a research note on Thursday, December 19th. Finally, 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. 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $80.50.

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.