Toronto Dominion Bank (The) (NYSE:TD).
Cgov Asset Management reports that it lowered its ownership in Toronto Dominion Bank (The) by 16,619 shares in the last quarter. Its investment was valued at $224,835,000 a decrease of $5,442,000 as of the end of the quarter.
The following firms have also recently changed their position in TD. Creative Planning augmented its position by buying 3,122 shares an increase of 3.8% as of 06/30/2017. Creative Planning claims 85,559 shares valued at $4,310,000. The value of the position overall is up by 4.4%. As of quarter end Banced Corp had disposed of a total of 473 shares trimming its stake by 6.4%. The value in dollars decreased from $369,000 to $347,000 decreasing 6.0% quarter over quarter.
As of the end of the quarter Spiderrock Advisors LLC had sold 900 shares trimming its holdings by 27.3%. The value of the investment in (TD) went from $8,000 to $4,000 a change of 50.0% since the last quarter.
On May 23 the stock rating was upgraded to “Equal-Weight” from “” in a statement from Barclays. On November 14, 2016 Credit Suisse starting coverage on the stock with a rating of “Outperform”.
On November 1 analysts at Bank of America started coverage giving it an initial rating of “Buy”. On August 26, 2016 the stock rating was changed to a “Outperform” according to a CIBC report which was a cut from the previous “” rating.
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 the company was upgraded from “Neutral” to “Outperform” by Credit Suisse.
In the market the company is trading up since yesterday’s close of $50.39. Additionally the company recently announced a dividend for shareholders to be paid on Monday July 31st, 2017. The dividend will be $0.410 per share for the quarter which is $1.64 annualized. This dividend amount will represent a yeild of $3.27. The ex-dividend date is Thursday the 6th of April 2017.
Company shares last traded at $51.19 which is slightly above $48.07, the 50 day moving average and which is marginally over the 200 day moving average of $49.66. The 50 day moving average went up $3.12 or +6.49% whereas the 200 day average was up by +3.09%.
The P/E ratio is 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 projected to be $4.39.