First Trust Advisors LP increased its stake in shares of The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 17.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 295,934 shares of the company’s stock after buying an additional 43,351 shares during the period. First Trust Advisors LP’s holdings in The Toronto-Dominion Bank were worth $13,139,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Ferguson Wellman Capital Management Inc. boosted its position in shares of The Toronto-Dominion Bank by 2.1% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 212,329 shares of the company’s stock valued at $9,115,000 after buying an additional 4,350 shares during the last quarter. Cape Cod Five Cents Savings Bank boosted its position in shares of The Toronto-Dominion Bank by 6.3% in the second quarter. Cape Cod Five Cents Savings Bank now owns 19,609 shares of the company’s stock valued at $842,000 after buying an additional 1,166 shares during the last quarter. Johanson Financial Advisors Inc. boosted its position in shares of The Toronto-Dominion Bank by 9.4% in the second quarter. Johanson Financial Advisors Inc. now owns 8,107 shares of the company’s stock valued at $348,000 after buying an additional 695 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of The Toronto-Dominion Bank by 7.3% in the second quarter. Fisher Asset Management LLC now owns 41,900 shares of the company’s stock valued at $1,774,000 after buying an additional 2,840 shares during the last quarter. Finally, Banced Corp boosted its position in shares of The Toronto-Dominion Bank by 10.8% in the second quarter. Banced Corp now owns 8,741 shares of the company’s stock valued at $345,000 after buying an additional 850 shares during the last quarter. Institutional investors and hedge funds own 53.58% of the company’s stock.

Institutional Ownership by Quarter for The Toronto-Dominion Bank (NYSE:TD)

Shares of The Toronto-Dominion Bank (NYSE:TD) traded down 0.4227% on Wednesday, reaching $47.5382. The company had a trading volume of 749,808 shares. The stock has a 50 day moving average price of $45.51 and a 200-day moving average price of $44.22. The company has a market capitalization of $88.17 billion, a price-to-earnings ratio of 14.4934 and a beta of 0.97. The Toronto-Dominion Bank has a 12 month low of $33.49 and a 12 month high of $48.04.

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TD has been the subject of several recent analyst reports. Bank of America Corp. initiated coverage on The Toronto-Dominion Bank in a research note on Tuesday, November 1st. They set a “buy” rating for the company. Dundee Securities initiated coverage on The Toronto-Dominion Bank in a research note on Wednesday, September 21st. They set a “buy” rating for the company. Citigroup Inc. boosted their target price on The Toronto-Dominion Bank from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, September 14th. Zacks Investment Research upgraded The Toronto-Dominion Bank from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research note on Tuesday, August 30th. Finally, TD Securities restated a “buy” rating and set a $64.00 target price (up previously from $61.00) on shares of The Toronto-Dominion Bank in a research note on Monday, August 29th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $57.81.

The Toronto-Dominion Bank Company Profile

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank 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.

5 Day Chart for NYSE:TD

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