Plimoth Trust Co. LLC Has $1.14 Million Holdings in The Toronto-Dominion Bank (NYSE:TD)

Plimoth Trust Co. LLC cut its stake in shares of The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,317 shares of the bank’s stock after selling 215 shares during the period. Plimoth Trust Co. LLC’s holdings in Toronto-Dominion Bank were worth $1,135,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dunhill Financial LLC grew its stake in shares of Toronto-Dominion Bank by 164.9% during the third quarter. Dunhill Financial LLC now owns 400 shares of the bank’s stock worth $25,000 after buying an additional 249 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Toronto-Dominion Bank by 40.0% in the fourth quarter. Versant Capital Management Inc now owns 700 shares of the bank’s stock worth $37,000 after purchasing an additional 200 shares during the last quarter. Kimelman & Baird LLC bought a new stake in shares of Toronto-Dominion Bank in the second quarter worth $49,000. Union Bancaire Privee UBP SA bought a new stake in shares of Toronto-Dominion Bank in the fourth quarter worth $58,000. Finally, Morse Asset Management Inc bought a new stake in shares of Toronto-Dominion Bank in the third quarter worth $63,000. 52.37% of the stock is currently owned by institutional investors and hedge funds.

Toronto-Dominion Bank Stock Down 0.1 %

TD stock traded down $0.03 during trading on Wednesday, reaching $57.29. The stock had a trading volume of 154,921 shares, compared to its average volume of 2,834,212. The Toronto-Dominion Bank has a one year low of $51.25 and a one year high of $64.91. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $54.62 and its two-hundred day moving average is $57.41. The company has a market capitalization of $100.28 billion, a price-to-earnings ratio of 16.52, a P/E/G ratio of 1.82 and a beta of 0.83.

Toronto-Dominion Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 10th will be given a $0.7482 dividend. This represents a $2.99 dividend on an annualized basis and a yield of 5.22%. This is an increase from Toronto-Dominion Bank’s previous quarterly dividend of $0.74. The ex-dividend date is Friday, January 10th. Toronto-Dominion Bank’s dividend payout ratio is presently 84.15%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Desjardins lowered shares of Toronto-Dominion Bank from a “buy” rating to a “hold” rating in a report on Friday, December 6th. Scotiabank lowered shares of Toronto-Dominion Bank from a “sector outperform” rating to a “sector perform” rating in a report on Friday, December 6th. Jefferies Financial Group upgraded shares of Toronto-Dominion Bank from a “hold” rating to a “buy” rating in a report on Thursday, December 12th. BMO Capital Markets upgraded shares of Toronto-Dominion Bank from a “market perform” rating to an “outperform” rating in a report on Thursday, December 19th. Finally, StockNews.com lowered shares of Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a report on Friday, December 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Toronto-Dominion Bank presently has an average rating of “Hold” and an average target price of $80.50.

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.