Barclays PLC Has $13.01 Million Stock Position in The Toronto-Dominion Bank (NYSE:TD)

Barclays PLC reduced its holdings in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 16.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 205,637 shares of the bank’s stock after selling 41,242 shares during the quarter. Barclays PLC’s holdings in Toronto-Dominion Bank were worth $13,008,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of TD. CWM LLC boosted its holdings in Toronto-Dominion Bank by 2.4% during the third quarter. CWM LLC now owns 7,208 shares of the bank’s stock worth $456,000 after purchasing an additional 170 shares during the last quarter. Pathstone Holdings LLC lifted its holdings 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 acquiring an additional 184 shares during the last quarter. Balanced Rock Investment Advisors LLC boosted its holdings in shares of Toronto-Dominion Bank by 1.4% in the 2nd quarter. Balanced Rock Investment Advisors LLC now owns 14,959 shares of the bank’s stock worth $822,000 after purchasing an additional 203 shares in the last quarter. Hexagon Capital Partners LLC lifted its holdings in shares of Toronto-Dominion Bank by 18.5% in the 3rd quarter. Hexagon Capital Partners LLC now owns 1,337 shares of the bank’s stock worth $85,000 after acquiring an additional 209 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its stake in shares of Toronto-Dominion Bank by 8.8% during the second quarter. Brown Brothers Harriman & Co. now owns 2,610 shares of the bank’s stock valued at $143,000 after buying an additional 210 shares during the last quarter. 52.37% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Royal Bank of Canada lowered their price objective on shares of Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating for the company in a research note on Friday, December 6th. National Bank Financial raised Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research report on Thursday, August 22nd. StockNews.com raised Toronto-Dominion Bank from a “sell” rating to a “hold” rating in a report on Monday, December 9th. Barclays lowered shares of Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research report on Thursday, November 21st. Finally, Jefferies Financial Group upgraded shares of Toronto-Dominion Bank from a “hold” rating to a “buy” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Toronto-Dominion Bank presently has an average rating of “Hold” and an average target price of $80.50.

Toronto-Dominion Bank Stock Performance

TD stock opened at $53.25 on Monday. The Toronto-Dominion Bank has a twelve month low of $51.74 and a twelve month high of $65.12. The firm has a market cap of $93.20 billion, a price-to-earnings ratio of 15.35, a PEG ratio of 1.69 and a beta of 0.82. The business’s fifty day simple moving average is $56.29 and its two-hundred day simple moving average is $57.57. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.11.

Toronto-Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 10th will be 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 5.62%. The ex-dividend date is Friday, January 10th. Toronto-Dominion Bank’s payout ratio is presently 87.03%.

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.