Great Valley Advisor Group Inc. Sells 440 Shares of The Toronto-Dominion Bank (NYSE:TD)

Great Valley Advisor Group Inc. decreased its holdings in shares of The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 7.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,172 shares of the bank’s stock after selling 440 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Toronto-Dominion Bank were worth $327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Triad Wealth Partners LLC bought a new position in shares of Toronto-Dominion Bank in the second quarter worth $31,000. Blue Trust Inc. increased its holdings in shares of Toronto-Dominion Bank by 50.7% in the second quarter. Blue Trust Inc. now owns 630 shares of the bank’s stock worth $38,000 after purchasing an additional 212 shares during the period. Kimelman & Baird LLC bought a new position in shares of Toronto-Dominion Bank in the second quarter worth $49,000. BOKF NA increased its holdings in shares of Toronto-Dominion Bank by 203.6% in the first quarter. BOKF NA now owns 1,014 shares of the bank’s stock worth $61,000 after purchasing an additional 680 shares during the period. Finally, Eastern Bank bought a new position in shares of Toronto-Dominion Bank in the third quarter worth $66,000. Institutional investors own 52.37% of the company’s stock.

Toronto-Dominion Bank Stock Performance

NYSE TD opened at $56.39 on Thursday. The company has a 50-day simple moving average of $58.49 and a two-hundred day simple moving average of $57.72. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.10. The Toronto-Dominion Bank has a 12-month low of $53.52 and a 12-month high of $65.12. The firm has a market cap of $98.70 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 1.92 and a beta of 0.82.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TD. 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 Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research note on Thursday, August 22nd. Barclays cut Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research note on Thursday, November 21st. Finally, National Bank Financial raised Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research note on Thursday, August 22nd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $84.00.

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.