The Toronto-Dominion Bank (NYSE:TD) Shares Purchased by Wasatch Advisors LP

Wasatch Advisors LP boosted its stake in shares of The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 11.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 38,810 shares of the bank’s stock after purchasing an additional 4,080 shares during the quarter. Wasatch Advisors LP’s holdings in Toronto-Dominion Bank were worth $2,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its stake in Toronto-Dominion Bank by 173.2% in the first quarter. Cetera Investment Advisers now owns 74,887 shares of the bank’s stock valued at $4,522,000 after acquiring an additional 47,477 shares in the last quarter. Cetera Advisors LLC boosted its stake in Toronto-Dominion Bank by 217.1% in the first quarter. Cetera Advisors LLC now owns 34,664 shares of the bank’s stock valued at $2,093,000 after acquiring an additional 23,732 shares in the last quarter. Trust Co. of Vermont boosted its stake in Toronto-Dominion Bank by 1.5% in the second quarter. Trust Co. of Vermont now owns 50,265 shares of the bank’s stock valued at $2,763,000 after acquiring an additional 766 shares in the last quarter. Lynx Investment Advisory acquired a new position in Toronto-Dominion Bank in the second quarter valued at $83,000. Finally, CWM LLC boosted its stake in Toronto-Dominion Bank by 7.6% in the second quarter. CWM LLC now owns 7,038 shares of the bank’s stock valued at $387,000 after acquiring an additional 496 shares in the last quarter. Institutional investors and hedge funds own 52.37% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on TD shares. National Bank Financial upgraded shares of Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research note on Thursday, August 22nd. Royal Bank of Canada cut shares of Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a report on Friday, October 11th. StockNews.com cut shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a report on Thursday, August 22nd. Finally, Barclays cut shares of Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Toronto-Dominion Bank currently has an average rating of “Hold” and a consensus price target of $84.00.

Toronto-Dominion Bank Price Performance

Shares of NYSE:TD opened at $56.53 on Monday. The stock has a market capitalization of $98.94 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 1.95 and a beta of 0.82. The Toronto-Dominion Bank has a one year low of $53.52 and a one year high of $65.12. The company has a 50-day simple moving average of $58.17 and a 200-day simple moving average of $57.72. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.02.

Toronto-Dominion Bank 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.