The Toronto-Dominion Bank (TSE:TD) Director Sells C$791,802.00 in Stock

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) Director Michael A. French sold 9,288 shares of Toronto-Dominion Bank stock in a transaction on Monday, March 17th. The stock was sold at an average price of C$85.25, for a total transaction of C$791,802.00.

Toronto-Dominion Bank Trading Down 0.0 %

Toronto-Dominion Bank stock opened at C$85.81 on Friday. The firm has a market capitalization of C$150.54 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 1.22 and a beta of 0.82. The firm’s fifty day moving average price is C$83.71 and its two-hundred day moving average price is C$81.17. The Toronto-Dominion Bank has a 1-year low of C$73.22 and a 1-year high of C$87.99.

Toronto-Dominion Bank Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 10th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 4.89%. Toronto-Dominion Bank’s payout ratio is 80.84%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Canaccord Genuity Group lifted their price objective on Toronto-Dominion Bank from C$87.00 to C$89.00 in a research report on Monday, December 16th. UBS Group boosted their price target on Toronto-Dominion Bank from C$83.00 to C$90.00 in a research note on Friday, February 14th. Barclays downgraded shares of Toronto-Dominion Bank from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 21st. Desjardins downgraded shares of Toronto-Dominion Bank from a “moderate buy” rating to a “hold” rating in a research report on Thursday, December 5th. Finally, BMO Capital Markets upgraded shares of Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating and set a C$90.00 price target for the company in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Toronto-Dominion Bank presently has a consensus rating of “Hold” and a consensus target price of C$88.75.

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.