Toronto-Dominion Bank (TD) : Lvm Capital Management Ltdmi reduced its stake in Toronto-Dominion Bank by 2.41% during the most recent quarter end. The investment management company now holds a total of 163,840 shares of Toronto-Dominion Bank which is valued at $7,231,898 after selling 4,050 shares in Toronto-Dominion Bank , the firm said in a disclosure report filed with the SEC on Oct 3, 2016.Toronto-Dominion Bank makes up approximately 2.28% of Lvm Capital Management Ltdmi’s portfolio.
Other Hedge Funds, Including ,
Toronto-Dominion Bank closed down -0.19 points or -0.43% at $44.27 with 18,59,148 shares getting traded on Tuesday. Post opening the session at $44.37, the shares hit an intraday low of $44.02 and an intraday high of $44.6 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Toronto-Dominion Bank reported $1.27 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 25, 2016. Analyst had a consensus of $1.21. The company had revenue of $8701.00 million for the quarter, compared to analysts expectations of $8082.08 million. The company’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.20 EPS.
Many Wall Street Analysts have commented on Toronto-Dominion Bank. Toronto-Dominion Bank was Downgraded by CIBC to ” Sector Perform” on Aug 26, 2016. Toronto-Dominion Bank was Resumed by BofA/Merrill to “Buy” on Jul 12, 2016.
The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank conducts its business through segments such as Canadian Retail U.S. Retail Wholesale Banking and Corporate. Canadian Retail provides a range of financial products and services to customers in the Canadian personal and commercial banking businesses including credit cards auto finance wealth and insurance businesses. U.S. Retail consists of the Bank’s retail and commercial banking operations operating under the brand TD Bank America’s Most Convenient Bank and wealth management services in the United States. Wholesale Banking provides a range of capital markets investment banking and corporate banking products and services including underwriting and distribution of new debt and equity issues providing advice on strategic acquisitions and divestitures and meeting the daily trading funding and investment needs of its clients. The Bank is also an online financial services firm.