Toronto-Dominion Bank (TSE:TD) Director Nathalie Palladitcheff Acquires 1,000 Shares

The Toronto-Dominion Bank (TSE:TD) (NYSE:TD) Director Nathalie Palladitcheff bought 1,000 shares of the stock in a transaction on Monday, October 6th. The shares were bought at an average cost of C$112.64 per share, for a total transaction of C$112,640.00. Following the purchase, the director owned 3,292 shares in the company, valued at C$370,810.88. This trade represents a 43.63% increase in their position.

Toronto-Dominion Bank Trading Up 0.0%

Shares of TSE:TD opened at C$113.30 on Tuesday. The company has a 50 day moving average of C$104.84 and a 200-day moving average of C$96.69. The firm has a market cap of C$193.43 billion, a P/E ratio of 9.70, a P/E/G ratio of 1.22 and a beta of 0.95. The Toronto-Dominion Bank has a twelve month low of C$73.22 and a twelve month high of C$114.24.

Toronto-Dominion Bank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 31st will be given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, October 10th. Toronto-Dominion Bank’s dividend payout ratio is 35.70%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on TD shares. Scotiabank lifted their price target on Toronto-Dominion Bank from C$95.00 to C$104.00 and gave the company a “sector perform” rating in a research report on Friday, August 29th. Desjardins boosted their price target on shares of Toronto-Dominion Bank from C$107.00 to C$110.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Canaccord Genuity Group raised their price objective on shares of Toronto-Dominion Bank from C$113.00 to C$119.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. Barclays lifted their price objective on shares of Toronto-Dominion Bank from C$95.00 to C$97.00 and gave the stock an “underweight” rating in a research note on Friday, August 29th. Finally, Jefferies Financial Group raised their target price on shares of Toronto-Dominion Bank from C$120.00 to C$124.00 in a report on Tuesday, September 30th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$105.50.

About Toronto-Dominion Bank

Toronto-Dominion is one of Canada’s two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank’s U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.