The Toronto-Dominion Bank (TSE:TD) Director Ana Arsov Purchases 3,483 Shares

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) Director Ana Arsov acquired 3,483 shares of the firm’s stock in a transaction that occurred on Friday, April 11th. The stock was acquired at an average price of C$80.24 per share, with a total value of C$279,475.92.

Toronto-Dominion Bank Price Performance

Shares of TD stock opened at C$83.80 on Thursday. The stock has a market cap of C$147.02 billion, a P/E ratio of 16.60, a P/E/G ratio of 1.22 and a beta of 0.82. The company has a fifty day moving average price of C$84.48 and a two-hundred day moving average price of C$81.17. The Toronto-Dominion Bank has a one year low of C$73.22 and a one year high of C$87.99.

Toronto-Dominion Bank Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th will be issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend is Thursday, April 10th. Toronto-Dominion Bank’s payout ratio is currently 80.84%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on TD shares. BMO Capital Markets raised shares of Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating and set a C$90.00 price objective for the company in a research report on Thursday, December 19th. National Bankshares dropped their price target on Toronto-Dominion Bank from C$84.00 to C$80.00 and set a “sector perform” rating on the stock in a research note on Monday, April 7th. Royal Bank of Canada upped their price objective on Toronto-Dominion Bank from C$77.00 to C$86.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 8th. CIBC dropped their target price on Toronto-Dominion Bank from C$96.00 to C$95.00 in a research report on Thursday, March 6th. Finally, UBS Group upped their price target on Toronto-Dominion Bank from C$83.00 to C$90.00 in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$88.75.

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.