The Toronto-Dominion Bank (NYSE:TD) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its position in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 25.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,641 shares of the bank’s stock after selling 6,820 shares during the quarter. Yousif Capital Management LLC’s holdings in Toronto-Dominion Bank were worth $1,046,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Dunhill Financial LLC increased its holdings in Toronto-Dominion Bank by 164.9% in the third quarter. Dunhill Financial LLC now owns 400 shares of the bank’s stock valued at $25,000 after buying an additional 249 shares during the last quarter. Versant Capital Management Inc raised its stake in Toronto-Dominion Bank by 40.0% during the fourth quarter. Versant Capital Management Inc now owns 700 shares of the bank’s stock valued at $37,000 after buying an additional 200 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in Toronto-Dominion Bank during the fourth quarter valued at approximately $58,000. Morse Asset Management Inc acquired a new stake in Toronto-Dominion Bank during the third quarter valued at approximately $63,000. Finally, Eastern Bank acquired a new stake in Toronto-Dominion Bank during the third quarter valued at approximately $66,000. Institutional investors and hedge funds own 52.37% of the company’s stock.

Analyst Ratings Changes

TD has been the topic of several research reports. StockNews.com upgraded Toronto-Dominion Bank from a “sell” rating to a “hold” rating in a research note on Wednesday, February 5th. Bank of America upgraded Toronto-Dominion Bank from a “neutral” rating to a “buy” rating in a research note on Friday, January 17th. Jefferies Financial Group upgraded Toronto-Dominion Bank from a “hold” rating to a “buy” rating in a research note on Thursday, December 12th. Desjardins cut Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Finally, Barclays cut Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research report on Thursday, November 21st. One analyst has rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Toronto-Dominion Bank currently has a consensus rating of “Hold” and an average target price of $80.50.

Toronto-Dominion Bank Stock Down 0.3 %

Shares of Toronto-Dominion Bank stock opened at $59.76 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.11. The business’s 50 day simple moving average is $55.20 and its 200-day simple moving average is $57.44. The stock has a market capitalization of $104.62 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 1.86 and a beta of 0.84. The Toronto-Dominion Bank has a twelve month low of $51.25 and a twelve month high of $64.91.

Toronto-Dominion Bank Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 10th were issued a $0.7482 dividend. This represents a $2.99 dividend on an annualized basis and a yield of 5.01%. This is a positive change from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. The ex-dividend date was Friday, January 10th. Toronto-Dominion Bank’s dividend payout ratio is 84.15%.

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.