Toronto Dominion Bank (The) (TD) Shares Sold by Raub Brock Capital Management LP

Raub Brock Capital Management LP lowered its holdings in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 300,059 shares of the bank’s stock after selling 10,711 shares during the quarter. Toronto Dominion Bank accounts for 4.4% of Raub Brock Capital Management LP’s holdings, making the stock its 9th biggest position. Raub Brock Capital Management LP’s holdings in Toronto Dominion Bank were worth $17,577,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TD. Public Sector Pension investment Board increased its stake in shares of Toronto Dominion Bank by 1,745.0% in the second quarter. Public Sector Pension investment Board now owns 3,658,692 shares of the bank’s stock worth $184,104,000 after acquiring an additional 3,881,100 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Toronto Dominion Bank by 44.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 6,535,700 shares of the bank’s stock worth $329,248,000 after acquiring an additional 2,022,507 shares during the period. Vanguard Group Inc. increased its stake in shares of Toronto Dominion Bank by 5.1% in the second quarter. Vanguard Group Inc. now owns 41,532,070 shares of the bank’s stock worth $2,092,385,000 after acquiring an additional 2,014,823 shares during the period. DSM Capital Partners LLC acquired a new stake in shares of Toronto Dominion Bank in the third quarter worth $103,030,000. Finally, Capital International Investors increased its stake in shares of Toronto Dominion Bank by 45.9% in the second quarter. Capital International Investors now owns 5,258,400 shares of the bank’s stock worth $264,918,000 after acquiring an additional 1,654,000 shares during the period. Hedge funds and other institutional investors own 48.75% of the company’s stock.

Several research firms recently commented on TD. Canaccord Genuity restated a “buy” rating and set a $80.00 price target on shares of Toronto Dominion Bank in a research report on Thursday, November 30th. Macquarie began coverage on shares of Toronto Dominion Bank in a research report on Tuesday, October 24th. They set an “outperform” rating on the stock. Zacks Investment Research lowered shares of Toronto Dominion Bank from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. Finally, Scotiabank restated a “buy” rating and set a $83.00 price target on shares of Toronto Dominion Bank in a research report on Wednesday, November 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. Toronto Dominion Bank has a consensus rating of “Buy” and a consensus target price of $72.50.

Toronto Dominion Bank (NYSE TD) traded up $0.68 during mid-day trading on Thursday, reaching $59.85. 749,973 shares of the company traded hands, compared to its average volume of 1,020,000. The firm has a market capitalization of $110,310.00, a price-to-earnings ratio of 13.66, a PEG ratio of 1.60 and a beta of 0.90. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.18. Toronto Dominion Bank has a 52 week low of $45.18 and a 52 week high of $59.87.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 10th will be given a dividend of $0.466 per share. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $1.86 annualized dividend and a yield of 3.11%. Toronto Dominion Bank’s dividend payout ratio is presently 42.47%.

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Toronto Dominion Bank Company Profile

Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It is an online financial services firm, with over 10.2 million online and mobile customers. Its segments include Canadian Retail, U.S. Retail, Wholesale Banking and Corporate. The Canadian Retail segment provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses.

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Institutional Ownership by Quarter for Toronto Dominion Bank (NYSE:TD)

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