The Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) insider Paul Martyn Clark sold 27,649 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of C$161.22, for a total transaction of C$4,457,571.78. Following the sale, the insider owned 260 shares in the company, valued at C$41,917.20. This trade represents a 99.07% decrease in their ownership of the stock.
Toronto-Dominion Bank Stock Performance
Shares of TD stock opened at C$167.45 on Thursday. The company has a market capitalization of C$276.64 billion, a P/E ratio of 19.65, a price-to-earnings-growth ratio of 1.22 and a beta of 0.92. The company’s 50 day moving average price is C$150.06 and its two-hundred day moving average price is C$136.50. The Toronto-Dominion Bank has a 52 week low of C$96.65 and a 52 week high of C$167.86.
Toronto-Dominion Bank (TSE:TD – Get Free Report) (NYSE:TD) last announced its earnings results on Thursday, May 28th. The company reported C$2.38 EPS for the quarter. The firm had revenue of C$16.04 billion for the quarter. Toronto-Dominion Bank had a net margin of 13.21% and a return on equity of 11.85%. Analysts forecast that The Toronto-Dominion Bank will post 7.2160149 earnings per share for the current year.
Toronto-Dominion Bank Announces Dividend
Analysts Set New Price Targets
A number of research firms have recently issued reports on TD. Desjardins lifted their price objective on shares of Toronto-Dominion Bank from C$154.00 to C$160.00 and gave the company a “buy” rating in a report on Friday, May 29th. National Bank Financial lifted their price objective on shares of Toronto-Dominion Bank from C$157.00 to C$162.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Jefferies Financial Group lifted their price objective on shares of Toronto-Dominion Bank from C$134.00 to C$142.00 in a report on Wednesday, May 20th. Raymond James Financial lifted their price objective on shares of Toronto-Dominion Bank from C$152.50 to C$155.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Finally, Barclays lifted their price objective on shares of Toronto-Dominion Bank from C$135.00 to C$140.00 and gave the company an “underweight” rating in a report on Friday, May 29th. Seven investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$150.08.
Check Out Our Latest Stock Report on Toronto-Dominion Bank
Toronto-Dominion Bank Company Profile
TD Asset Management Inc (‘TDAM’), a member of TD Bank Group, is a Canadian investment management firm with a growing global presence. Bringing together three decades of investment experience, our broad selection of strategies and solutions includes fundamental equities, quantitative and passive equities, fixed income across the credit quality spectrum and alternatives, such as private credit, infrastructure and real estate. TDAM offers institutional investment solutions to corporations, pension funds, endowments and foundations, sovereign wealth funds and superannuation funds, among others.
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