Savant Capital LLC Has $219,000 Stock Holdings in The Toronto-Dominion Bank (NYSE:TD)

Savant Capital LLC lowered its stake in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 10.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,109 shares of the bank’s stock after selling 468 shares during the quarter. Savant Capital LLC’s holdings in Toronto-Dominion Bank were worth $219,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in TD. Dunhill Financial LLC increased its holdings in Toronto-Dominion Bank by 164.9% during the 3rd quarter. Dunhill Financial LLC now owns 400 shares of the bank’s stock worth $25,000 after purchasing an additional 249 shares in the last quarter. Versant Capital Management Inc increased its holdings in Toronto-Dominion Bank by 40.0% during the 4th quarter. Versant Capital Management Inc now owns 700 shares of the bank’s stock worth $37,000 after purchasing an additional 200 shares in the last quarter. Union Bancaire Privee UBP SA bought a new position in Toronto-Dominion Bank during the 4th quarter worth about $58,000. Morse Asset Management Inc bought a new position in Toronto-Dominion Bank during the 3rd quarter worth about $63,000. Finally, Eastern Bank bought a new position in Toronto-Dominion Bank during the 3rd quarter worth about $66,000. Institutional investors own 52.37% of the company’s stock.

Toronto-Dominion Bank Stock Performance

Shares of NYSE:TD opened at $60.13 on Thursday. The company’s 50 day simple moving average is $55.77 and its 200 day simple moving average is $57.49. The stock has a market capitalization of $105.26 billion, a price-to-earnings ratio of 17.33, a price-to-earnings-growth ratio of 1.92 and a beta of 0.84. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.03 and a quick ratio of 1.03. The Toronto-Dominion Bank has a 1 year low of $51.25 and a 1 year high of $64.91.

Toronto-Dominion Bank Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 10th were paid a dividend of $0.7482 per share. This represents a $2.99 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date of this dividend was Friday, January 10th. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. Toronto-Dominion Bank’s payout ratio is presently 84.15%.

Analyst Upgrades and Downgrades

TD has been the subject of several analyst reports. Royal Bank of Canada decreased their price objective on Toronto-Dominion Bank from $82.00 to $77.00 and set a “sector perform” rating for the company in a report on Friday, December 6th. BMO Capital Markets upgraded shares of Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating in a research note on Thursday, December 19th. StockNews.com upgraded shares of Toronto-Dominion Bank from a “sell” rating to a “hold” rating in a research note on Wednesday, February 5th. Desjardins downgraded shares of Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Barclays downgraded shares of Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research note on Thursday, November 21st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $80.50.

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.