Covington Investment Advisors Inc. maintained its stake in shares of Toronto Dominion Bank (The) (NYSE:TD) (TSE:TD) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 69,155 shares of the bank’s stock at the end of the second quarter. Covington Investment Advisors Inc.’s holdings in Toronto Dominion Bank (The) were worth $3,484,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of TD. Lowe Brockenbrough & Co. Inc. boosted its stake in shares of 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. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in Toronto Dominion Bank (The) by 0.8% in the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 6,181 shares of the bank’s stock valued at $319,000 after buying an additional 47 shares during the last quarter. Johanson Financial Advisors Inc. raised its position 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 during the last quarter. Davis R M Inc. raised its position 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 during the last quarter. Finally, Cornerstone Advisors Inc. raised its position 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 during the last quarter. Institutional investors own 47.85% of the company’s stock.

Shares of Toronto Dominion Bank (TD) traded up 3.66% on Thursday, reaching $53.25. 713,713 shares of the company’s stock were exchanged. The company’s 50 day moving average price is $51.13 and its 200-day moving average price is $49.80. Toronto Dominion Bank has a 52-week low of $43.09 and a 52-week high of $54.44. The stock has a market cap of $98.16 billion, a P/E ratio of 13.35 and a beta of 0.89.

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Several research analysts recently weighed in on the stock. BidaskClub raised shares of Toronto Dominion Bank (The) from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Scotiabank raised shares of Toronto Dominion Bank (The) from a “sector perform” rating to an “outperform” rating in a research note on Monday, August 21st. Howard Weil raised shares of Toronto Dominion Bank (The) to an “outperform” rating in a research note on Monday, August 21st. Zacks Investment Research raised shares of Toronto Dominion Bank (The) from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research note on Wednesday, August 9th. Finally, Canaccord Genuity assumed coverage on shares of Toronto Dominion Bank (The) in a research note on Tuesday, July 18th. They set a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $63.50.

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)

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