The Toronto-Dominion Bank (TSE:TD) Director Theresa Lynn Currie Sells 45,172 Shares

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) Director Theresa Lynn Currie sold 45,172 shares of the firm’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of C$86.50, for a total transaction of C$3,907,378.00. Following the completion of the transaction, the director now owns 163 shares in the company, valued at approximately C$14,099.50. The trade was a 99.64 % decrease in their ownership of the stock.

Toronto-Dominion Bank Trading Up 0.1 %

Toronto-Dominion Bank stock opened at C$84.99 on Thursday. The stock has a market cap of C$149.11 billion, a price-to-earnings ratio of 16.84, a PEG ratio of 1.22 and a beta of 0.82. The company’s 50-day moving average price is C$82.03 and its two-hundred day moving average price is C$80.83. The Toronto-Dominion Bank has a 52 week low of C$73.22 and a 52 week high of C$87.99.

Toronto-Dominion Bank Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 10th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 4.94%. Toronto-Dominion Bank’s payout ratio is 80.84%.

Wall Street Analyst Weigh In

TD has been the topic of a number of recent research reports. Royal Bank of Canada raised their price target on shares of Toronto-Dominion Bank from C$77.00 to C$86.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 8th. Jefferies Financial Group downgraded shares of Toronto-Dominion Bank from a “buy” rating to a “hold” rating and lifted their price objective for the company from C$90.00 to C$99.00 in a research report on Tuesday, February 18th. Scotiabank cut their price objective on shares of Toronto-Dominion Bank from C$83.00 to C$82.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 20th. Cormark cut their price objective on shares of Toronto-Dominion Bank from C$99.00 to C$94.00 in a research report on Friday, December 6th. Finally, CIBC lifted their price objective on shares of Toronto-Dominion Bank from C$94.00 to C$96.00 in a research report on Friday, February 28th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$88.83.

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.