<div id="readability-page-1"><p>Bank of Nova Scotia reduced its stake in shares of  Toronto Dominion Bank (The) (NYSE:TD - Free Report) <span>TSE: TD<span></span></span> by 11.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 21,508,473 shares of the bank's stock after selling 2,803,066 shares during the quarter. Toronto Dominion Bank comprises approximately  3.2% of Bank of Nova Scotia's holdings, making the stock its 6th largest position. Bank of Nova Scotia owned about 1.25% of Toronto Dominion Bank worth $1,581,535,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Toronto Dominion Bank</strong> alerts:</span></p></div><ul><li>TransDigm’s Edge: From Spare Parts to Sky-High Profits</li></ul><p>Several other institutional investors and hedge funds have also recently modified their holdings of TD. Tobam increased its holdings in  Toronto Dominion Bank by 44.5% in the 2nd quarter. Tobam now owns 490 shares of the bank's stock valued at $36,000 after acquiring an additional 151 shares during the last quarter.  Wright Investors Service Inc. lifted its position in shares of  Toronto Dominion Bank by 3.1% in the second quarter. Wright Investors Service Inc. now owns 5,827 shares of the bank's stock worth $428,000 after buying an additional 173 shares in the last quarter.  Intrua Financial LLC boosted its stake in  Toronto Dominion Bank by 2.4% during the first quarter. Intrua Financial LLC now owns 7,812 shares of the bank's stock valued at $468,000 after buying an additional 183 shares during the last quarter.  Bridgewater Advisors Inc. grew its holdings in  Toronto Dominion Bank by 1.9% during the 2nd quarter. Bridgewater Advisors Inc. now owns 10,994 shares of the bank's stock valued at $808,000 after buying an additional 207 shares in the last quarter.  Finally, Evergreen Capital Management LLC increased its stake in  Toronto Dominion Bank by 2.4% in the 1st quarter. Evergreen Capital Management LLC now owns 8,892 shares of the bank's stock worth $533,000 after acquiring an additional 211 shares during the last quarter. Institutional investors own  52.37% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities analysts have commented on TD shares. Royal Bank Of Canada raised shares of Toronto Dominion Bank from a &#34;sector perform&#34; rating to an &#34;outperform&#34; rating in a research note on Friday, October 3rd. Weiss Ratings  restated a &#34;buy (b)&#34; rating on shares of Toronto Dominion Bank in a research report on Wednesday, October 8th. Jefferies Financial Group lowered Toronto Dominion Bank from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 25th. Zacks Research downgraded Toronto Dominion Bank from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Wednesday, August 13th. Finally, Wall Street Zen upgraded Toronto Dominion Bank from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, November 15th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $93.00.</p><ul><li>Defense Dividends: 3 Strong Performers That Are Raising Payouts</li></ul><p><b>Get Our Latest Stock Report on Toronto Dominion Bank</b></p><h2>Toronto Dominion Bank Trading Up 2.6%</h2><p>TD opened at $88.34 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.09. The stock's fifty day moving average is $81.51 and its two-hundred day moving average is $76.32. The company has a market capitalization of $149.24 billion, a P/E ratio of 10.49, a PEG ratio of 1.44 and a beta of 0.69. Toronto Dominion Bank has a 52 week low of $51.25 and a 52 week high of $88.45. </p><ul><li>Next-Gen Defense: 3 Stocks Riding the New Global Arms Race</li></ul><p>Toronto Dominion Bank (NYSE:TD - Get Free Report) <span>TSE: TD<span></span></span> last posted its quarterly earnings results on Thursday, December 4th. The bank reported $1.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.46 by $0.10. The business had revenue of $11.44 billion for the quarter, compared to the consensus estimate of $10.10 billion. Toronto Dominion Bank had a return on equity of 13.87% and a net margin of 16.53%.The business's revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.72 EPS.  Analysts forecast that  Toronto Dominion Bank will post 5.48 earnings per share for the current year. </p><h2>Toronto Dominion Bank Increases Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Friday, January 9th will be given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Friday, January 9th. This is a boost from Toronto Dominion Bank's previous quarterly dividend of $1.05. Toronto Dominion Bank's dividend payout ratio  is currently 35.87%. </p><h2>Toronto Dominion Bank Company Profile</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Toronto Dominion Bank</li><li>5 discounted opportunities for dividend growth investors</li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>What is a Dividend Harvesting Strategy and How Can Investors Profit from it?</li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li><li>Low PE Growth Stocks: Unlocking Investment Opportunities</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Toronto Dominion Bank Right Now?</h2><p>Before you consider Toronto Dominion Bank, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toronto Dominion Bank wasn't on the list.</p><p>While Toronto Dominion Bank currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Bank of Nova Scotia reduced its stake in Toronto Dominion Bank by 11.5% in Q2, owning 21.5 million shares worth $1.58 billion. Other investors adjusted their holdings, with Tobam increasing its stake by 44.5%. Analysts have mixed ratings, with a consensus price target of $93. TD's stock rose 2.6% to $88.34, with a market cap of $149.24 billion. The bank reported Q4 EPS of $1.56, beating estimates, and increased its dividend.</p>

Toronto Dominion Bank (The) $TD Holdings Reduced by Bank of Nova Scotia