XTX Topco Ltd Has $831,000 Holdings in The Toronto-Dominion Bank (NYSE:TD)

XTX Topco Ltd trimmed its holdings in shares of The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 53.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,121 shares of the bank’s stock after selling 17,087 shares during the quarter. XTX Topco Ltd’s holdings in Toronto-Dominion Bank were worth $831,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Mather Group LLC. acquired a new position in shares of Toronto-Dominion Bank during the 1st quarter valued at about $29,000. LifeSteps Financial Inc. bought a new position in shares of Toronto-Dominion Bank in the first quarter valued at approximately $30,000. Triad Wealth Partners LLC acquired a new stake in shares of Toronto-Dominion Bank in the second quarter worth $31,000. Optiver Holding B.V. bought a new stake in shares of Toronto-Dominion Bank during the 4th quarter worth $39,000. Finally, Blue Trust Inc. grew its stake in Toronto-Dominion Bank by 50.7% in the 2nd quarter. Blue Trust Inc. now owns 630 shares of the bank’s stock valued at $38,000 after buying an additional 212 shares during the last quarter. 52.37% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Thursday, August 22nd. UBS Group initiated coverage on Toronto-Dominion Bank in a research report on Tuesday, July 2nd. They set a “neutral” rating for the company. Finally, National Bank Financial raised Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $84.00.

Toronto-Dominion Bank Trading Up 0.2 %

Toronto-Dominion Bank stock opened at $64.56 on Monday. The business has a 50 day moving average price of $59.22 and a two-hundred day moving average price of $57.87. 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 Toronto-Dominion Bank has a 12 month low of $53.52 and a 12 month high of $65.12. The stock has a market cap of $112.81 billion, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of 1.84 and a beta of 0.81.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last announced its quarterly earnings data on Thursday, August 22nd. The bank reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.56. The company had revenue of $14.18 billion during the quarter, compared to analysts’ expectations of $9.40 billion. Toronto-Dominion Bank had a net margin of 6.94% and a return on equity of 14.34%. The business’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.48 EPS. As a group, equities analysts forecast that The Toronto-Dominion Bank will post 5.84 EPS for the current year.

Toronto-Dominion Bank Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 10th will be paid a $0.739 dividend. The ex-dividend date is Thursday, October 10th. This represents a $2.96 dividend on an annualized basis and a yield of 4.58%. Toronto-Dominion Bank’s payout ratio is currently 68.64%.

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.