Natixis grew its stake in shares of Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 1.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 74,201 shares of the bank’s stock after acquiring an additional 878 shares during the quarter. Natixis’ holdings in Toronto-Dominion Bank were worth $4,345,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. TD Asset Management Inc. raised its holdings in shares of Toronto-Dominion Bank by 2.4% during the 1st quarter. TD Asset Management Inc. now owns 48,855,643 shares of the bank’s stock worth $2,652,053,000 after buying an additional 1,157,886 shares in the last quarter. CIBC Asset Management Inc raised its holdings in shares of Toronto-Dominion Bank by 2.9% during the 2nd quarter. CIBC Asset Management Inc now owns 22,140,824 shares of the bank’s stock worth $1,292,138,000 after buying an additional 630,188 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Toronto-Dominion Bank by 2.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 15,979,026 shares of the bank’s stock worth $868,140,000 after buying an additional 411,540 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of Toronto-Dominion Bank by 0.7% during the 2nd quarter. Acadian Asset Management LLC now owns 10,084,600 shares of the bank’s stock worth $590,531,000 after buying an additional 69,129 shares in the last quarter. Finally, Fiera Capital Corp increased its holdings in Toronto-Dominion Bank by 3.2% in the 2nd quarter. Fiera Capital Corp now owns 8,527,110 shares of the bank’s stock worth $498,354,000 after purchasing an additional 262,148 shares in the last quarter. 50.31% of the stock is owned by institutional investors.

A number of equities analysts have issued reports on the company. Royal Bank of Canada set a $82.00 target price on Toronto-Dominion Bank and gave the stock a “hold” rating in a report on Friday, August 30th. Canaccord Genuity set a $81.00 target price on Toronto-Dominion Bank and gave the stock a “buy” rating in a report on Friday, August 30th. Barclays set a $80.00 target price on Toronto-Dominion Bank and gave the stock a “buy” rating in a report on Thursday, August 29th. CIBC set a $83.00 target price on Toronto-Dominion Bank and gave the stock a “buy” rating in a report on Friday, August 30th. Finally, National Bank Financial set a $84.00 target price on Toronto-Dominion Bank and gave the stock a “buy” rating in a report on Friday, August 30th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Toronto-Dominion Bank presently has an average rating of “Buy” and an average price target of $78.56.

Shares of TD stock traded up $0.24 on Friday, hitting $56.78. The company had a trading volume of 1,135,150 shares, compared to its average volume of 1,196,711. The firm has a market cap of $103.07 billion, a P/E ratio of 11.29, a P/E/G ratio of 2.16 and a beta of 1.07. The stock’s 50-day moving average is $55.71 and its two-hundred day moving average is $56.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.01. Toronto-Dominion Bank has a twelve month low of $47.73 and a twelve month high of $62.00.

Toronto-Dominion Bank (NYSE:TD) (TSE:TD) last issued its quarterly earnings results on Thursday, August 29th. The bank reported $1.79 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.45. The company had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $9.80 billion. Toronto-Dominion Bank had a return on equity of 16.08% and a net margin of 20.02%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.66 earnings per share. Equities research analysts predict that Toronto-Dominion Bank will post 5.14 EPS for the current year.

The business also recently declared a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th will be paid a $0.556 dividend. The ex-dividend date is Wednesday, October 9th. This represents a dividend yield of 4.1%. Toronto-Dominion Bank’s payout ratio is 44.93%.

Toronto-Dominion Bank Profile

The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The company operates through three segments: Canadian Retail, U.S. Retail, and Wholesale Banking. It offers personal deposits, such as checking, savings, and investment products; financing, investment, cash management, international trade, and day-to-day banking services to businesses; financing options to customers at point of sale for automotive and recreational vehicle purchases through auto dealer network; credit cards; investing, advice-based, and asset management services to retail and institutional clients; and property and casualty insurance, as well as life and health insurance products.

Featured Story: What is a portfolio manager?

Institutional Ownership by Quarter for Toronto-Dominion Bank (NYSE:TD)

Receive News & Ratings for Toronto-Dominion Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toronto-Dominion Bank and related companies with MarketBeat.com's FREE daily email newsletter.