Comerica Bank boosted its holdings in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 1.4% in the 4th quarter, HoldingsChannel reports. The fund owned 124,487 shares of the bank’s stock after acquiring an additional 1,665 shares during the quarter. Comerica Bank’s holdings in Toronto Dominion Bank were worth $7,471,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TD. Advisory Services Network LLC increased its position in shares of Toronto Dominion Bank by 26.1% in the second quarter. Advisory Services Network LLC now owns 2,353 shares of the bank’s stock valued at $119,000 after buying an additional 487 shares in the last quarter. Teachers Advisors LLC increased its position in shares of Toronto Dominion Bank by 3.7% in the second quarter. Teachers Advisors LLC now owns 2,556 shares of the bank’s stock valued at $129,000 after buying an additional 92 shares in the last quarter. Beacon Investment Advisory Services Inc. purchased a new position in shares of Toronto Dominion Bank in the third quarter valued at $203,000. ARGI Investment Services LLC purchased a new position in shares of Toronto Dominion Bank in the third quarter valued at $205,000. Finally, Boyd Watterson Asset Management LLC OH purchased a new position in shares of Toronto Dominion Bank in the fourth quarter valued at $206,000. Hedge funds and other institutional investors own 48.59% of the company’s stock.

Shares of Toronto Dominion Bank (NYSE TD) opened at $56.33 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market capitalization of $103,790.00, a price-to-earnings ratio of 12.89, a P/E/G ratio of 1.26 and a beta of 0.93. Toronto Dominion Bank has a 52 week low of $45.18 and a 52 week high of $61.06.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last posted its quarterly earnings data on Thursday, November 30th. The bank reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.02). The company had revenue of $7.42 billion for the quarter, compared to analyst estimates of $7.13 billion. Toronto Dominion Bank had a net margin of 23.09% and a return on equity of 15.17%. research analysts expect that Toronto Dominion Bank will post 4.69 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 10th were paid a dividend of $0.466 per share. This represents a $1.86 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date was Tuesday, January 9th. Toronto Dominion Bank’s payout ratio is currently 44.62%.

TD has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Toronto Dominion Bank from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research report on Friday, February 2nd. Bank of America raised their price target on Toronto Dominion Bank from $71.00 to $87.00 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Canaccord Genuity restated a “buy” rating and issued a $80.00 price target on shares of Toronto Dominion Bank in a research report on Thursday, November 30th. Scotiabank restated a “buy” rating and issued a $83.00 price target on shares of Toronto Dominion Bank in a research report on Wednesday, November 22nd. Finally, Macquarie initiated coverage on Toronto Dominion Bank in a research report on Tuesday, October 24th. They issued an “outperform” rating for the company. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $77.60.

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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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