Insider Selling: Toronto-Dominion Bank (TSE:TD) Senior Officer Sells 138,636 Shares of Stock

Share on StockTwits

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) Senior Officer Robert E. Dorrance sold 138,636 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of C$72.63, for a total transaction of C$10,069,132.68. Following the completion of the sale, the insider now directly owns 569,584 shares in the company, valued at C$41,368,885.92.

TSE TD opened at C$74.32 on Thursday. The company has a market cap of $132.69 billion and a P/E ratio of 11.81. The stock has a 50-day moving average of C$73.79 and a two-hundred day moving average of C$75.03. Toronto-Dominion Bank has a 1-year low of C$65.56 and a 1-year high of C$80.05.

Toronto-Dominion Bank (TSE:TD) (NYSE:TD) last issued its quarterly earnings results on Thursday, August 29th. The company reported C$1.79 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C$1.79. The business had revenue of C$10.50 billion for the quarter, compared to analyst estimates of C$10.09 billion. On average, sell-side analysts anticipate that Toronto-Dominion Bank will post 7.1799994 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 10th will be issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date is Wednesday, October 9th. Toronto-Dominion Bank’s dividend payout ratio (DPR) is currently 44.83%.

Several equities analysts have recently commented on TD shares. Barclays upgraded shares of Toronto-Dominion Bank from an “underweight” rating to an “overweight” rating and upped their price objective for the stock from C$79.00 to C$84.00 in a report on Tuesday, June 11th. CSFB dropped their target price on shares of Toronto-Dominion Bank from C$79.00 to C$78.00 in a report on Friday, September 6th. Citigroup cut their target price on Toronto-Dominion Bank from C$90.00 to C$82.00 in a research report on Tuesday. Canaccord Genuity decreased their price target on Toronto-Dominion Bank from C$82.00 to C$81.00 in a research note on Friday, August 30th. Finally, National Bank Financial decreased their price target on Toronto-Dominion Bank from C$85.00 to C$84.00 and set an “outperform” rating on the stock in a research note on Friday, August 30th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Toronto-Dominion Bank has an average rating of “Buy” and a consensus price target of C$81.90.

Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. It offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; financing options to customers at point of sale for automotive and recreational vehicle purchases through auto dealer network; credit cards; investing, advice-based, and asset management services to retail and institutional clients; and property and casualty insurance, as well as life and health insurance products.

Read More: When is a capital gain realized?

Receive News & Ratings for Toronto-Dominion Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto-Dominion Bank and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Clal Insurance Enterprises Holdings Ltd Has $13.35 Million Stock Holdings in DBX ETF TR/X-TRACKERS MSCI JAP
Clal Insurance Enterprises Holdings Ltd Has $13.35 Million Stock Holdings in DBX ETF TR/X-TRACKERS MSCI JAP
ISHARES TR/3-7 YR TREAS BD ETF  is Lyons Wealth Management LLC.’s 2nd Largest Position
ISHARES TR/3-7 YR TREAS BD ETF is Lyons Wealth Management LLC.’s 2nd Largest Position
Nanometrics  Lifted to Hold at BidaskClub
Nanometrics Lifted to Hold at BidaskClub
Nasdaq  Downgraded by BidaskClub
Nasdaq Downgraded by BidaskClub
NetScout Systems  Raised to “Hold” at BidaskClub
NetScout Systems Raised to “Hold” at BidaskClub
Intellia Therapeutics  Raised to Hold at BidaskClub
Intellia Therapeutics Raised to Hold at BidaskClub


© 2006-2019 Ticker Report