The Toronto-Dominion Bank (NYSE:TD) Shares Acquired by Fmr LLC

Fmr LLC lifted its holdings in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 9.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,553,761 shares of the bank’s stock after purchasing an additional 587,947 shares during the quarter. Fmr LLC’s holdings in Toronto-Dominion Bank were worth $414,417,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its holdings in shares of Toronto-Dominion Bank by 24.9% in the third quarter. The Manufacturers Life Insurance Company now owns 13,509,261 shares of the bank’s stock worth $854,815,000 after buying an additional 2,689,532 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Toronto-Dominion Bank by 61.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,806,974 shares of the bank’s stock worth $319,151,000 after acquiring an additional 2,215,185 shares during the last quarter. 1832 Asset Management L.P. raised its stake in Toronto-Dominion Bank by 6.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 25,803,480 shares of the bank’s stock worth $1,418,159,000 after acquiring an additional 1,462,794 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in Toronto-Dominion Bank by 9.6% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 13,814,269 shares of the bank’s stock valued at $759,449,000 after purchasing an additional 1,206,574 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in Toronto-Dominion Bank by 411.3% during the 2nd quarter. Marshall Wace LLP now owns 1,468,199 shares of the bank’s stock valued at $80,692,000 after purchasing an additional 1,181,021 shares during the last quarter. 52.37% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TD has been the subject of several research analyst reports. Barclays cut Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research note on Thursday, November 21st. National Bank Financial raised shares of Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research report on Thursday, August 22nd. StockNews.com downgraded shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a report on Thursday, August 22nd. Finally, Royal Bank of Canada cut shares of Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a report on Friday, October 11th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $84.00.

Toronto-Dominion Bank Stock Up 0.3 %

Toronto-Dominion Bank stock opened at $56.56 on Friday. The business’s 50-day moving average price is $58.17 and its 200 day moving average price is $57.71. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.10. The firm has a market cap of $99.00 billion, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 1.94 and a beta of 0.82. The Toronto-Dominion Bank has a 52 week low of $53.52 and a 52 week high of $65.12.

Toronto-Dominion Bank Company 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.