180 Wealth Advisors LLC Has $457,000 Holdings in The Toronto-Dominion Bank (NYSE:TD)

180 Wealth Advisors LLC decreased its position in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,593 shares of the bank’s stock after selling 1,251 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Toronto-Dominion Bank were worth $457,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. American Century Companies Inc. lifted its position in shares of Toronto-Dominion Bank by 105.1% in the second quarter. American Century Companies Inc. now owns 534,266 shares of the bank’s stock worth $29,368,000 after purchasing an additional 273,761 shares in the last quarter. Rathbones Group PLC lifted its position in Toronto-Dominion Bank by 74.5% during the 2nd quarter. Rathbones Group PLC now owns 32,255 shares of the bank’s stock worth $1,773,000 after buying an additional 13,771 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Toronto-Dominion Bank by 8.8% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 2,610 shares of the bank’s stock worth $143,000 after buying an additional 210 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Toronto-Dominion Bank by 3.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 11,884,896 shares of the bank’s stock valued at $653,194,000 after acquiring an additional 358,283 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of 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 valued at $319,151,000 after acquiring an additional 2,215,185 shares during the last quarter. 52.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TD has been the subject of several recent research reports. Desjardins cut Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Scotiabank cut 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 raised shares of Toronto-Dominion Bank from a “hold” rating to a “buy” rating in a research report on Thursday, December 12th. StockNews.com downgraded shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Friday, December 27th. Finally, Royal Bank of Canada dropped their target price on shares of Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating on the stock in a report on Friday, December 6th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $80.50.

Toronto-Dominion Bank Price Performance

Shares of TD opened at $54.74 on Wednesday. The company’s 50-day moving average is $54.52 and its 200-day moving average is $57.32. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.03 and a quick ratio of 1.02. The firm has a market capitalization of $95.81 billion, a PE ratio of 15.78, a PEG ratio of 1.69 and a beta of 0.83. The Toronto-Dominion Bank has a fifty-two week low of $51.25 and a fifty-two week high of $64.91.

Toronto-Dominion Bank Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 10th will be issued a $0.7482 dividend. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. This represents a $2.99 annualized dividend and a yield of 5.47%. The ex-dividend date is Friday, January 10th. Toronto-Dominion Bank’s dividend payout ratio is currently 83.86%.

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.