1,133 Shares in The Toronto-Dominion Bank (NYSE:TD) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA acquired a new stake in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,133 shares of the bank’s stock, valued at approximately $58,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TD. International Assets Investment Management LLC acquired a new position in Toronto-Dominion Bank during the 3rd quarter worth approximately $4,162,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Toronto-Dominion Bank by 16.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,895 shares of the bank’s stock worth $436,000 after purchasing an additional 992 shares during the last quarter. Pathway Financial Advisers LLC grew its position in Toronto-Dominion Bank by 11.7% in the third quarter. Pathway Financial Advisers LLC now owns 34,637 shares of the bank’s stock valued at $2,191,000 after purchasing an additional 3,638 shares in the last quarter. Galibier Capital Management Ltd. increased its stake in Toronto-Dominion Bank by 24.6% in the 3rd quarter. Galibier Capital Management Ltd. now owns 608,613 shares of the bank’s stock valued at $38,527,000 after buying an additional 119,978 shares during the last quarter. Finally, First Trust Direct Indexing L.P. lifted its position in Toronto-Dominion Bank by 30.3% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 16,049 shares of the bank’s stock worth $1,015,000 after buying an additional 3,730 shares in the last quarter. 52.37% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TD has been the subject of several analyst reports. Jefferies Financial Group cut Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th. Barclays downgraded 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 research note on Monday. 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, Royal Bank of Canada dropped their price target on shares of Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating on the stock in a research report on Friday, December 6th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Toronto-Dominion Bank currently has an average rating of “Hold” and a consensus target price of $80.50.

Toronto-Dominion Bank Stock Up 0.3 %

TD stock opened at $59.59 on Wednesday. The Toronto-Dominion Bank has a 1-year low of $51.25 and a 1-year high of $64.91. The business’s 50 day simple moving average is $56.30 and its 200 day simple moving average is $57.59. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $104.40 billion, a PE ratio of 17.17, a PEG ratio of 1.95 and a beta of 0.84.

Toronto-Dominion Bank Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 10th were issued a $0.7482 dividend. This is an increase from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. This represents a $2.99 annualized dividend and a dividend yield of 5.02%. The ex-dividend date of this dividend was Friday, January 10th. Toronto-Dominion Bank’s payout ratio is currently 83.86%.

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.