1,133 Shares in The Toronto-Dominion Bank (NYSE:TD) Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new stake in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,133 shares of the bank’s stock, valued at approximately $58,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dunhill Financial LLC raised its position in Toronto-Dominion Bank by 164.9% during the third quarter. Dunhill Financial LLC now owns 400 shares of the bank’s stock valued at $25,000 after purchasing an additional 249 shares in the last quarter. Bank of Jackson Hole Trust bought a new position in shares of Toronto-Dominion Bank in the 4th quarter valued at $32,000. Versant Capital Management Inc raised its holdings in shares of 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 buying an additional 200 shares in the last quarter. Morse Asset Management Inc bought a new stake in shares of Toronto-Dominion Bank during the 3rd quarter worth $63,000. Finally, Asset Planning Inc acquired a new stake in Toronto-Dominion Bank in the fourth quarter valued at about $104,000. Institutional investors own 52.37% of the company’s stock.

Toronto-Dominion Bank Stock Performance

Shares of Toronto-Dominion Bank stock opened at $59.59 on Wednesday. The stock has a market cap of $104.40 billion, a price-to-earnings ratio of 17.17, a P/E/G ratio of 1.95 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. The company’s fifty day moving average is $56.30 and its 200 day moving average is $57.59. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.11.

Toronto-Dominion Bank Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 10th were paid a $0.7482 dividend. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. The ex-dividend date was Friday, January 10th. This represents a $2.99 annualized dividend and a dividend yield of 5.02%. Toronto-Dominion Bank’s dividend payout ratio is presently 83.86%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TD shares. Bank of America raised Toronto-Dominion Bank from a “neutral” rating to a “buy” rating in a research note on Friday, January 17th. Barclays downgraded shares of Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research note on Thursday, November 21st. Royal Bank of Canada lowered their price target on shares of 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. Jefferies Financial Group downgraded Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th. Finally, BMO Capital Markets raised Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating in a report on Thursday, December 19th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $80.50.

Toronto-Dominion Bank 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.