Scotia Capital Inc. Has $790.22 Million Stock Holdings in Toronto Dominion Bank (The) $TD

Scotia Capital Inc. cut its holdings in shares of Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 0.4% during the second quarter, Holdings Channel reports. The fund owned 10,757,525 shares of the bank’s stock after selling 44,331 shares during the period. Toronto Dominion Bank makes up about 3.7% of Scotia Capital Inc.’s portfolio, making the stock its 3rd biggest position. Scotia Capital Inc.’s holdings in Toronto Dominion Bank were worth $790,218,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TD. Natixis Advisors LLC grew its holdings in shares of Toronto Dominion Bank by 57.1% during the first quarter. Natixis Advisors LLC now owns 67,083 shares of the bank’s stock worth $4,021,000 after purchasing an additional 24,378 shares during the last quarter. Brentview Investment Management LLC bought a new position in shares of Toronto Dominion Bank in the first quarter valued at about $40,000. US Bancorp DE lifted its position in Toronto Dominion Bank by 19.1% during the 1st quarter. US Bancorp DE now owns 19,666 shares of the bank’s stock worth $1,179,000 after buying an additional 3,154 shares in the last quarter. Alberta Investment Management Corp grew its holdings in Toronto Dominion Bank by 2.9% during the 1st quarter. Alberta Investment Management Corp now owns 4,629,156 shares of the bank’s stock worth $277,347,000 after acquiring an additional 131,158 shares during the last quarter. Finally, IFG Advisory LLC grew its holdings in Toronto Dominion Bank by 165.0% during the 1st quarter. IFG Advisory LLC now owns 23,752 shares of the bank’s stock worth $1,424,000 after acquiring an additional 14,790 shares during the last quarter. 52.37% of the stock is owned by institutional investors and hedge funds.

Toronto Dominion Bank Stock Up 1.3%

Shares of NYSE:TD opened at $83.40 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market cap of $140.91 billion, a price-to-earnings ratio of 9.74, a P/E/G ratio of 1.68 and a beta of 0.79. The company has a 50 day moving average of $80.75 and a 200-day moving average of $75.28. Toronto Dominion Bank has a one year low of $51.25 and a one year high of $83.57.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last announced its quarterly earnings data on Thursday, August 28th. The bank reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.45. Toronto Dominion Bank had a net margin of 16.40% and a return on equity of 13.59%. The firm had revenue of $10.12 billion for the quarter, compared to analysts’ expectations of $13.73 billion. During the same period last year, the firm earned $2.05 earnings per share. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, sell-side analysts forecast that Toronto Dominion Bank will post 5.48 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on TD shares. Wall Street Zen raised shares of Toronto Dominion Bank from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Raymond James Financial raised shares of Toronto Dominion Bank to a “hold” rating in a report on Monday. Weiss Ratings reissued a “buy (b)” rating on shares of Toronto Dominion Bank in a report on Wednesday, October 8th. Royal Bank Of Canada raised Toronto Dominion Bank from a “sector perform” rating to an “outperform” rating in a report on Friday, October 3rd. Finally, Jefferies Financial Group lowered Toronto Dominion Bank from a “buy” rating to a “hold” rating in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Toronto Dominion Bank presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.00.

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.