Michael A. French Sells 9,288 Shares of The Toronto-Dominion Bank (TSE:TD) Stock

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) Director Michael A. French sold 9,288 shares of Toronto-Dominion Bank stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$85.25, for a total value of C$791,802.00.

Toronto-Dominion Bank Stock Down 0.0 %

Shares of Toronto-Dominion Bank stock opened at C$85.81 on Friday. The stock has a market cap of C$150.54 billion, a price-to-earnings ratio of 17.00, a P/E/G ratio of 1.22 and a beta of 0.82. The Toronto-Dominion Bank has a twelve month low of C$73.22 and a twelve month high of C$87.99. The company’s fifty day moving average is C$83.71 and its 200 day moving average is C$81.17.

Toronto-Dominion Bank Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 10th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 4.89%. Toronto-Dominion Bank’s payout ratio is 80.84%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TD. CIBC reduced their price objective on Toronto-Dominion Bank from C$96.00 to C$95.00 in a research note on Thursday, March 6th. UBS Group raised their price target on shares of Toronto-Dominion Bank from C$83.00 to C$90.00 in a research note on Friday, February 14th. Canaccord Genuity Group upped their price objective on shares of Toronto-Dominion Bank from C$87.00 to C$89.00 in a research report on Monday, December 16th. Desjardins lowered shares of Toronto-Dominion Bank from a “moderate buy” rating to a “hold” rating in a research report on Thursday, December 5th. Finally, Cormark lowered their price target on shares of Toronto-Dominion Bank from C$99.00 to C$94.00 in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Toronto-Dominion Bank presently has a consensus rating of “Hold” and an average target price of C$88.75.

About Toronto-Dominion Bank

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.