Cobblestone Capital Advisors LLC NY reduced its position in shares of Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) by 2.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,946 shares of the bank’s stock after selling 215 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in Toronto Dominion Bank (The) were worth $400,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in TD. Lowe Brockenbrough & Co. Inc. raised its stake in Toronto Dominion Bank (The) by 0.3% in the first quarter. Lowe Brockenbrough & Co. Inc. now owns 8,910 shares of the bank’s stock valued at $446,000 after buying an additional 30 shares in the last quarter. Johanson Financial Advisors Inc. raised its stake in Toronto Dominion Bank (The) by 0.8% in the second quarter. Johanson Financial Advisors Inc. now owns 7,841 shares of the bank’s stock valued at $394,000 after buying an additional 66 shares in the last quarter. Davis R M Inc. raised its stake in Toronto Dominion Bank (The) by 0.6% in the first quarter. Davis R M Inc. now owns 15,372 shares of the bank’s stock valued at $770,000 after buying an additional 88 shares in the last quarter. Cornerstone Advisors Inc. raised its stake in Toronto Dominion Bank (The) by 5.2% in the second quarter. Cornerstone Advisors Inc. now owns 2,319 shares of the bank’s stock valued at $117,000 after buying an additional 114 shares in the last quarter. Finally, Advisor Partners LLC raised its stake in Toronto Dominion Bank (The) by 2.6% in the second quarter. Advisor Partners LLC now owns 5,140 shares of the bank’s stock valued at $259,000 after buying an additional 130 shares in the last quarter. 52.43% of the stock is currently owned by institutional investors.

Shares of Toronto Dominion Bank (NYSE:TD) traded up 0.3800% during midday trading on Tuesday, reaching $51.4347. The company’s stock had a trading volume of 308,140 shares. Toronto Dominion Bank has a 52-week low of $43.09 and a 52-week high of $54.44. The stock has a 50 day moving average price of $51.04 and a 200-day moving average price of $49.77. The company has a market capitalization of $94.81 billion, a price-to-earnings ratio of 12.9071 and a beta of 0.89.

Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) last posted its earnings results on Thursday, May 25th. The bank reported $1.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.08. The business had revenue of $8.47 billion during the quarter, compared to the consensus estimate of $8.72 billion. Toronto Dominion Bank (The) had a return on equity of 14.09% and a net margin of 22.56%. Toronto Dominion Bank (The)’s revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the company earned $1.20 EPS. Equities research analysts expect that Toronto Dominion Bank will post $4.24 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Monday, July 10th were given a dividend of $0.444 per share. The ex-dividend date was Thursday, July 6th. This represents a $1.78 annualized dividend and a dividend yield of 3.47%. Toronto Dominion Bank (The)’s dividend payout ratio (DPR) is presently 48.18%.

TRADEMARK VIOLATION WARNING: “Toronto Dominion Bank (The) (TD) Position Lowered by Cobblestone Capital Advisors LLC NY” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international trademark and copyright legislation. The legal version of this article can be read at https://www.thecerbatgem.com/2017/08/22/toronto-dominion-bank-the-td-position-lowered-by-cobblestone-capital-advisors-llc-ny.html.

Several equities research analysts recently issued reports on TD shares. Zacks Investment Research lowered Toronto Dominion Bank (The) from a “hold” rating to a “sell” rating in a research report on Thursday, May 4th. Royal Bank Of Canada upped their price target on Toronto Dominion Bank (The) from $68.00 to $70.00 and gave the company a “sector perform” rating in a research report on Friday, May 26th. BidaskClub raised Toronto Dominion Bank (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. Barclays PLC raised Toronto Dominion Bank (The) from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, May 23rd. Finally, Canaccord Genuity started coverage on Toronto Dominion Bank (The) in a research report on Tuesday, July 18th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $62.83.

About Toronto Dominion Bank (The)

Toronto-Dominion Bank (the Bank) is a Canada-based bank, which operates in the North America. It 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.

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

Receive News & Stock Ratings for Toronto Dominion Bank (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto Dominion Bank (The) and related stocks with our FREE daily email newsletter.