Tableaux LLC Purchases Shares of 73,310 Toronto Dominion Bank (The) $TD

Tableaux LLC acquired a new position in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 73,310 shares of the bank’s stock, valued at approximately $5,861,000. Toronto Dominion Bank comprises 2.3% of Tableaux LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other large investors also recently modified their holdings of TD. Canada Pension Plan Investment Board lifted its stake in Toronto Dominion Bank by 18.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 12,470,618 shares of the bank’s stock valued at $917,832,000 after acquiring an additional 1,946,172 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Toronto Dominion Bank by 0.8% in the second quarter. The Manufacturers Life Insurance Company now owns 13,815,706 shares of the bank’s stock valued at $1,010,852,000 after purchasing an additional 115,203 shares during the last quarter. Picton Mahoney Asset Management bought a new position in shares of Toronto Dominion Bank during the second quarter valued at about $267,475,000. Bank of New York Mellon Corp lifted its position in shares of Toronto Dominion Bank by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 1,658,144 shares of the bank’s stock valued at $121,791,000 after purchasing an additional 51,698 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board boosted its holdings in Toronto Dominion Bank by 304.0% during the second quarter. Ontario Teachers Pension Plan Board now owns 2,446,307 shares of the bank’s stock worth $180,047,000 after purchasing an additional 1,840,747 shares during the last quarter. Institutional investors own 52.37% of the company’s stock.

Toronto Dominion Bank Price Performance

Shares of NYSE TD opened at $95.15 on Wednesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.09. The stock has a fifty day simple moving average of $94.76 and a two-hundred day simple moving average of $85.20. Toronto Dominion Bank has a 1-year low of $54.87 and a 1-year high of $99.04. The firm has a market cap of $159.02 billion, a price-to-earnings ratio of 11.29, a price-to-earnings-growth ratio of 1.28 and a beta of 0.67.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings results on Thursday, December 4th. The bank reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.10. Toronto Dominion Bank had a return on equity of 13.90% and a net margin of 16.52%.The firm had revenue of $11.44 billion for the quarter, compared to analysts’ expectations of $10.10 billion. During the same quarter in the prior year, the firm earned $1.72 EPS. The business’s revenue for the quarter was down .1% compared to the same quarter last year. Analysts anticipate that Toronto Dominion Bank will post 5.48 earnings per share for the current year.

Toronto Dominion Bank Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Friday, January 9th were paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, January 9th. This is an increase from Toronto Dominion Bank’s previous quarterly dividend of $1.05. Toronto Dominion Bank’s dividend payout ratio is currently 37.25%.

Wall Street Analyst Weigh In

TD has been the subject of several analyst reports. Canadian Imperial Bank of Commerce lowered shares of Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 12th. Zacks Research raised Toronto Dominion Bank from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. National Bank Financial upgraded Toronto Dominion Bank from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 18th. Wall Street Zen downgraded Toronto Dominion Bank from a “hold” rating to a “sell” rating in a research note on Sunday. Finally, Raymond James Financial raised Toronto Dominion Bank to a “hold” rating in a research report on Monday, November 24th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $93.00.

Toronto Dominion Bank Profile

Toronto-Dominion Bank (TD) is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. Formed through the 1955 merger of the Bank of Toronto (founded 1855) and the Dominion Bank (founded 1869), TD is one of Canada’s largest banks and offers a broad range of financial products and services to individual, small business, commercial and institutional clients.

TD’s core businesses include Canadian and U.S. personal and commercial banking, wealth management, wholesale banking and insurance.