The Toronto-Dominion Bank (NYSE:TD) Shares Acquired by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC increased its stake in shares of The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 80.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,783 shares of the bank’s stock after purchasing an additional 795 shares during the quarter. Hexagon Capital Partners LLC’s holdings in Toronto-Dominion Bank were worth $115,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Bray Capital Advisors raised its position in Toronto-Dominion Bank by 206.7% in the third quarter. Bray Capital Advisors now owns 460 shares of the bank’s stock worth $28,000 after acquiring an additional 310 shares in the last quarter. Bank of New Hampshire purchased a new stake in Toronto-Dominion Bank during the fourth quarter worth $32,000. Avior Wealth Management LLC grew its holdings in Toronto-Dominion Bank by 92.9% in the fourth quarter. Avior Wealth Management LLC now owns 594 shares of the bank’s stock valued at $38,000 after purchasing an additional 286 shares during the last quarter. Arlington Trust Co LLC purchased a new position in shares of Toronto-Dominion Bank in the third quarter valued at $42,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in shares of Toronto-Dominion Bank in the 4th quarter worth about $50,000. 52.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Jefferies Financial Group started coverage on shares of Toronto-Dominion Bank in a research report on Thursday, February 22nd. They set a “hold” rating for the company. Barclays assumed coverage on Toronto-Dominion Bank in a report on Wednesday, March 20th. They issued an “equal weight” rating for the company. Finally, Scotiabank raised Toronto-Dominion Bank from a “sector perform” rating to a “sector outperform” rating in a research note on Wednesday, April 17th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $89.33.

Toronto-Dominion Bank Trading Down 1.1 %

NYSE TD opened at $58.69 on Thursday. The company has a market cap of $103.47 billion, a P/E ratio of 12.54, a P/E/G ratio of 1.83 and a beta of 0.85. The Toronto-Dominion Bank has a 12 month low of $54.69 and a 12 month high of $66.15. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.99 and a quick ratio of 0.99. The company has a 50-day moving average of $59.31 and a 200-day moving average of $60.08.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings results on Thursday, February 29th. The bank reported $1.47 EPS for the quarter, topping the consensus estimate of $1.42 by $0.05. The firm had revenue of $10.07 billion during the quarter, compared to analyst estimates of $9.35 billion. Toronto-Dominion Bank had a net margin of 11.16% and a return on equity of 14.15%. As a group, equities analysts predict that The Toronto-Dominion Bank will post 5.85 earnings per share for the current year.

Toronto-Dominion Bank Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, April 9th were issued a $0.7519 dividend. The ex-dividend date was Monday, April 8th. This represents a $3.01 dividend on an annualized basis and a yield of 5.12%. This is a boost from Toronto-Dominion Bank’s previous quarterly dividend of $0.75. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 30.56%.

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.