Ana Arsov Acquires 3,483 Shares of The Toronto-Dominion Bank (TSE:TD) Stock

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) Director Ana Arsov acquired 3,483 shares of the stock in a transaction dated Friday, April 11th. The stock was acquired at an average cost of C$80.24 per share, for a total transaction of C$279,475.92.

Toronto-Dominion Bank Trading Up 0.4 %

TD opened at C$83.56 on Wednesday. The stock has a fifty day moving average price of C$84.46 and a 200 day moving average price of C$81.17. The Toronto-Dominion Bank has a 1 year low of C$73.22 and a 1 year high of C$87.99. The stock has a market cap of C$146.60 billion, a price-to-earnings ratio of 16.56, a PEG ratio of 1.22 and a beta of 0.82.

Toronto-Dominion Bank Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th will be paid a $1.05 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This represents a $4.20 annualized dividend and a dividend yield of 5.03%. Toronto-Dominion Bank’s payout ratio is 80.84%.

Analysts Set New Price Targets

TD has been the topic of several research reports. National Bankshares dropped their price target on Toronto-Dominion Bank from C$84.00 to C$80.00 and set a “sector perform” rating on the stock in a report on Monday, April 7th. BMO Capital Markets raised Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating and set a C$90.00 price target on the stock in a research note on Thursday, December 19th. CIBC reduced their price objective on shares of Toronto-Dominion Bank from C$96.00 to C$95.00 in a research note on Thursday, March 6th. Jefferies Financial Group downgraded shares of Toronto-Dominion Bank from a “buy” rating to a “hold” rating and upped their price target for the company from C$90.00 to C$99.00 in a research report on Tuesday, February 18th. Finally, UBS Group lifted their price objective on shares of Toronto-Dominion Bank from C$83.00 to C$90.00 in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target 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.