Atria Investments Inc Sells 2,789 Shares of The Toronto-Dominion Bank (NYSE:TD)

Atria Investments Inc decreased its position in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 35.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,976 shares of the bank’s stock after selling 2,789 shares during the period. Atria Investments Inc’s holdings in Toronto-Dominion Bank were worth $315,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Leavell Investment Management Inc. purchased a new stake in shares of Toronto-Dominion Bank in the 3rd quarter worth $213,000. Fiera Capital Corp raised its holdings in shares of Toronto-Dominion Bank by 1.2% in the third quarter. Fiera Capital Corp now owns 5,825,506 shares of the bank’s stock valued at $368,844,000 after acquiring an additional 66,436 shares in the last quarter. Radnor Capital Management LLC purchased a new stake in Toronto-Dominion Bank in the third quarter worth about $1,047,000. Crestwood Advisors Group LLC lifted its stake in Toronto-Dominion Bank by 7.1% in the third quarter. Crestwood Advisors Group LLC now owns 3,898 shares of the bank’s stock worth $247,000 after acquiring an additional 258 shares during the period. Finally, PDS Planning Inc grew its holdings in Toronto-Dominion Bank by 7.5% during the 3rd quarter. PDS Planning Inc now owns 6,357 shares of the bank’s stock worth $402,000 after acquiring an additional 441 shares in the last quarter. Institutional investors own 52.37% of the company’s stock.

Toronto-Dominion Bank Trading Up 0.4 %

NYSE:TD opened at $56.15 on Friday. The stock has a market capitalization of $98.28 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 1.59 and a beta of 0.82. The Toronto-Dominion Bank has a 52 week low of $53.52 and a 52 week high of $65.12. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.10. The firm has a 50 day moving average of $58.90 and a 200 day moving average of $57.71.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings data on Thursday, August 22nd. The bank reported $2.05 EPS for the quarter, beating the consensus estimate of $1.49 by $0.56. The firm had revenue of $14.18 billion during the quarter, compared to analyst estimates of $9.40 billion. Toronto-Dominion Bank had a return on equity of 14.34% and a net margin of 6.94%. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.48 EPS. As a group, sell-side analysts anticipate that The Toronto-Dominion Bank will post 5.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on TD shares. Barclays lowered shares of Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a report on Thursday. StockNews.com downgraded shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research note on Thursday, August 22nd. National Bank Financial upgraded Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a report on Thursday, August 22nd. Finally, Royal Bank of Canada downgraded Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a report on Friday, October 11th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $84.00.

Toronto-Dominion Bank 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.