FORA Capital LLC Trims Position in The Toronto-Dominion Bank (NYSE:TD)

FORA Capital LLC trimmed its holdings in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 60.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 22,030 shares of the bank’s stock after selling 33,104 shares during the period. FORA Capital LLC’s holdings in Toronto-Dominion Bank were worth $1,394,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in TD. BOKF NA raised 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 valued at $61,000 after buying an additional 680 shares during the last quarter. Virtu Financial LLC raised its holdings in shares of Toronto-Dominion Bank by 41.6% in the first quarter. Virtu Financial LLC now owns 30,219 shares of the bank’s stock valued at $1,825,000 after buying an additional 8,885 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Toronto-Dominion Bank by 173.2% in the first quarter. Cetera Investment Advisers now owns 74,887 shares of the bank’s stock valued at $4,522,000 after buying an additional 47,477 shares during the last quarter. Cetera Advisors LLC raised its holdings in shares of Toronto-Dominion Bank by 217.1% in the first quarter. Cetera Advisors LLC now owns 34,664 shares of the bank’s stock valued at $2,093,000 after buying an additional 23,732 shares during the last quarter. Finally, Pathway Financial Advisers LLC purchased a new stake in shares of Toronto-Dominion Bank in the first quarter valued at about $1,882,000. 52.37% of the stock is owned by hedge funds and other institutional investors.

Toronto-Dominion Bank Trading Up 0.9 %

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

Analyst Ratings Changes

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

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.