Campbell & CO Investment Adviser LLC Sells 24,033 Shares of Toronto Dominion Bank (The) $TD

Campbell & CO Investment Adviser LLC decreased its position in Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 84.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,552 shares of the bank’s stock after selling 24,033 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Toronto Dominion Bank were worth $334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Toronto Dominion Bank by 1.3% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,796,385 shares of the bank’s stock worth $721,009,000 after acquiring an additional 128,560 shares in the last quarter. Scheer Rowlett & Associates Investment Management Ltd. grew its holdings in shares of Toronto Dominion Bank by 2.8% during the 2nd quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 2,113,730 shares of the bank’s stock valued at $155,570,000 after purchasing an additional 56,760 shares during the last quarter. PCJ Investment Counsel Ltd. raised its position in Toronto Dominion Bank by 12.7% in the 2nd quarter. PCJ Investment Counsel Ltd. now owns 112,030 shares of the bank’s stock worth $8,245,000 after purchasing an additional 12,610 shares during the period. Aviva PLC lifted its stake in Toronto Dominion Bank by 7.1% in the second quarter. Aviva PLC now owns 1,310,259 shares of the bank’s stock worth $96,356,000 after purchasing an additional 86,469 shares during the last quarter. Finally, Metis Global Partners LLC boosted its position in Toronto Dominion Bank by 8.6% during the second quarter. Metis Global Partners LLC now owns 82,841 shares of the bank’s stock valued at $6,093,000 after buying an additional 6,539 shares during the period. Hedge funds and other institutional investors own 52.37% of the company’s stock.

Toronto Dominion Bank Stock Performance

Shares of TD stock opened at $81.27 on Monday. The stock has a fifty day moving average of $79.78 and a 200 day moving average of $74.25. Toronto Dominion Bank has a 52 week low of $51.25 and a 52 week high of $82.93. The firm has a market capitalization of $137.88 billion, a price-to-earnings ratio of 9.49, a PEG ratio of 1.68 and a beta of 0.79. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.09.

Toronto Dominion Bank (NYSE:TD) (TSE:TD) last issued 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 business had revenue of $10.12 billion for the quarter, compared to the consensus estimate of $13.73 billion. During the same period in the previous year, the firm earned $2.05 EPS. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. As a group, research analysts expect that Toronto Dominion Bank will post 5.48 earnings per share for the current year.

Toronto Dominion Bank Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 10th were paid a $1.05 dividend. The ex-dividend date of this dividend was Friday, October 10th. This is an increase from Toronto Dominion Bank’s previous quarterly dividend of $0.76. This represents a $4.20 dividend on an annualized basis and a yield of 5.2%. Toronto Dominion Bank’s payout ratio is currently 35.16%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TD. Weiss Ratings reissued a “buy (b)” rating on shares of Toronto Dominion Bank in a research note on Wednesday, October 8th. Royal Bank Of Canada upgraded Toronto Dominion Bank from a “sector perform” rating to an “outperform” rating in a research report on Friday, October 3rd. Wall Street Zen raised Toronto Dominion Bank from a “sell” rating to a “hold” rating in a research note on Saturday. Zacks Research cut shares of Toronto Dominion Bank from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Finally, Desjardins upgraded shares of Toronto Dominion Bank from a “hold” rating to a “buy” rating in a report on Wednesday, August 13th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $93.00.

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.