Natixis Advisors LLC Has $4.25 Million Holdings in The Toronto-Dominion Bank (NYSE:TD)

Natixis Advisors LLC boosted its stake in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 65.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 67,104 shares of the bank’s stock after buying an additional 26,522 shares during the period. Natixis Advisors LLC’s holdings in Toronto-Dominion Bank were worth $4,245,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Galibier Capital Management Ltd. lifted its holdings in shares of Toronto-Dominion Bank by 24.6% during the third quarter. Galibier Capital Management Ltd. now owns 608,613 shares of the bank’s stock valued at $38,527,000 after acquiring an additional 119,978 shares during the period. Forsta AP Fonden increased its position in shares of Toronto-Dominion Bank by 3.2% during the 3rd quarter. Forsta AP Fonden now owns 466,500 shares of the bank’s stock worth $29,531,000 after purchasing an additional 14,500 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. lifted its holdings in Toronto-Dominion Bank by 4.5% during the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 1,452,493 shares of the bank’s stock valued at $91,948,000 after purchasing an additional 62,569 shares during the last quarter. Williams Financial LLC acquired a new position in Toronto-Dominion Bank in the second quarter valued at about $10,454,000. Finally, Creative Planning grew its stake in Toronto-Dominion Bank by 9.8% during the third quarter. Creative Planning now owns 144,251 shares of the bank’s stock worth $9,125,000 after buying an additional 12,879 shares during the last quarter. 52.37% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TD has been the subject of a number of research analyst reports. Barclays cut shares of Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research note on Thursday. StockNews.com downgraded Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research report on Thursday, August 22nd. National Bank Financial upgraded Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a report on Thursday, August 22nd. Finally, Royal Bank of Canada cut 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 issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Toronto-Dominion Bank presently has a consensus rating of “Hold” and a consensus target price of $84.00.

Toronto-Dominion Bank Stock Up 0.5 %

NYSE:TD opened at $56.16 on Friday. The company has a market cap of $98.30 billion, a price-to-earnings ratio of 17.94, a P/E/G ratio of 1.93 and a beta of 0.82. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.02. The stock’s fifty day moving average price is $58.90 and its two-hundred day moving average price is $57.73. The Toronto-Dominion Bank has a 52-week low of $53.52 and a 52-week high of $65.12.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings results on Thursday, August 22nd. The bank reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.56. The business had revenue of $14.18 billion for the quarter, compared to analyst estimates of $9.40 billion. Toronto-Dominion Bank had a return on equity of 14.34% and a net margin of 6.94%. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.48 earnings per share. On average, analysts anticipate that The Toronto-Dominion Bank will post 5.46 EPS for the current year.

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.