The Toronto-Dominion Bank (TSE:TD - Get Free Report) (NYSE:TD) Director Ana Arsov bought 3,483 shares of the firm's stock in a transaction that occurred on Friday, April 11th. The shares were acquired at an average cost of C$80.24 per share, for a total transaction of C$279,475.92.
Toronto-Dominion Bank Stock Up 2.6 %
TSE TD opened at C$83.19 on Tuesday. The Toronto-Dominion Bank has a 52 week low of C$73.22 and a 52 week high of C$87.99. The firm has a market capitalization of C$145.95 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 1.22 and a beta of 0.82. The company has a fifty day moving average of C$84.45 and a two-hundred day moving average of C$81.19.
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 issued a dividend of $1.05 per share. The ex-dividend date is Thursday, April 10th. This represents a $4.20 annualized dividend and a yield of 5.05%. Toronto-Dominion Bank's payout ratio is 80.84%.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on TD shares. UBS Group increased their price objective on shares of Toronto-Dominion Bank from C$83.00 to C$90.00 in a report on Friday, February 14th. Canaccord Genuity Group lifted their price target on shares of Toronto-Dominion Bank from C$87.00 to C$89.00 in a report on Monday, December 16th. Royal Bank of Canada increased their price objective on shares of Toronto-Dominion Bank from C$77.00 to C$86.00 and gave the company a "sector perform" rating in a report on Wednesday, January 8th. CIBC reduced their target price on Toronto-Dominion Bank from C$96.00 to C$95.00 in a report on Thursday, March 6th. Finally, BMO Capital Markets raised Toronto-Dominion Bank from a "market perform" rating to an "outperform" rating and set a C$90.00 price target for the company in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Toronto-Dominion Bank currently has a consensus rating of "Hold" and a consensus target price of C$88.75.
Get Our Latest Report on Toronto-Dominion Bank
Toronto-Dominion Bank Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
