Toronto Dominion Bank (The) (NYSE:TD).
Cgov Asset Management says it lowered its position in Toronto Dominion Bank (The) by 0.5% in its quarterly SEC filing. Its stake was valued at $224,835,000 a decrease of 2.4% according to the filing.
Other firms have also shifted positions in (TD). Creative Planning augmented its investment by buying 3,122 shares an increase of 3.8%. Creative Planning now controls 85,559 shares valued at $4,310,000. The total value of its holdings increased 4.4%. Banced Corp downsized its stake by shedding 473 shares a decrease of 6.4% from 03/31/2017 to 06/30/2017. Banced Corp claims 6,894 shares with a value of $347,000. The value of the position overall is down by 6.0%.
As of quarter end Spiderrock Advisors LLC had disposed of a total of 900 shares trimming its stake by 27.3%. The value in dollars went from $8,000 to $4,000 a change of $4,000 quarter over quarter.
On May 23 the stock rating was upgraded from “” to “Equal-Weight” in a statement from Barclays. Credit Suisse started covering TD by announcing an initial rating of “Outperform”.
On November 1 analysts at Bank of America initiated coverage on TD with a rating of “Buy”. On August 26 the company was downgraded to “Outperform” from “” by analysts at CIBC.
On August 25 the company was rated “Buy” in a report from Canaccord Genuity which is down from the previous “Buy” rating. On May 3, 2016 the stock rating was changed to a “Outperform” by Credit Suisse which was a boost from the previous “Neutral” rating.
The company is now up by 1.59% since yesterday’s close of $50.39. Toronto Dominion Bank (The) also recently declared a dividend to be paid on Monday July 31st, 2017. The dividend payment will be $0.410 per share for the quarter which comes to $1.64 on an annualized basis. The dividend yield will be $3.27. The ex-dividend date will be Thursday the 6th of April 2017.
The stock is trading at $51.19 marginally over $48.07, the 50 day moving average and slightly over the 200 day moving average of $49.66. The 50 day moving average was up $3.12 or +6.49% whereas the 200 day average was up by +3.09%.
The company currently has a P/E ratio of 13.16 and the market cap is 94.36B. In the last earnings report the EPS was $3.89 and is estimated to be $4.11 for the current year with 1,843,400,000 shares currently outstanding. Next quarter’s EPS is estimated at $1.03 with next year’s EPS anticipated to be $4.39.