HM Payson & Co. Has $736,000 Stock Holdings in The Toronto-Dominion Bank (NYSE:TD)

HM Payson & Co. lessened its holdings in shares of The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 3.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 13,816 shares of the bank’s stock after selling 462 shares during the period. HM Payson & Co.’s holdings in Toronto-Dominion Bank were worth $736,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Dunhill Financial LLC raised its holdings in Toronto-Dominion Bank by 164.9% in the 3rd quarter. Dunhill Financial LLC now owns 400 shares of the bank’s stock valued at $25,000 after acquiring an additional 249 shares in the last quarter. Bank of Jackson Hole Trust acquired a new position in Toronto-Dominion Bank in the 4th quarter valued at approximately $32,000. Versant Capital Management Inc raised its holdings in Toronto-Dominion Bank by 40.0% in the 4th quarter. Versant Capital Management Inc now owns 700 shares of the bank’s stock valued at $37,000 after acquiring an additional 200 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Toronto-Dominion Bank in the 4th quarter valued at approximately $51,000. Finally, Union Bancaire Privee UBP SA acquired a new position in Toronto-Dominion Bank in the 4th quarter valued at approximately $58,000. Institutional investors and hedge funds own 52.37% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on TD shares. Jefferies Financial Group cut Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a report on Tuesday, February 18th. BMO Capital Markets raised Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating in a report on Thursday, December 19th. Desjardins cut Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Barclays lowered Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a research note on Thursday, November 21st. Finally, StockNews.com lowered Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a research note on Monday, February 24th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $80.50.

Toronto-Dominion Bank Trading Up 0.6 %

TD stock opened at $59.58 on Friday. The Toronto-Dominion Bank has a 1-year low of $51.25 and a 1-year high of $64.91. The firm has a market cap of $104.40 billion, a P/E ratio of 17.17, a P/E/G ratio of 1.95 and a beta of 0.83. The business’s 50 day moving average is $57.41 and its 200-day moving average is $57.66. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.11.

Toronto-Dominion Bank Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Thursday, April 10th will be given a dividend of $0.7278 per share. The ex-dividend date is Thursday, April 10th. This represents a $2.91 dividend on an annualized basis and a yield of 4.89%. Toronto-Dominion Bank’s dividend payout ratio (DPR) is presently 85.29%.

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.