Toronto Dominion Bk Ont (TD) Holder Tower Research Capital LLC Trc Raised Position

January 21, 2018 - By Adrian Erickson

Tower Research Capital Llc Trc increased its stake in Toronto Dominion Bk Ont (TD) by 28375.5% based on its latest 2017Q3 regulatory filing with the SEC. Tower Research Capital Llc Trc bought 70,655 shares as the company’s stock declined 12.05% while stock markets rallied. The institutional investor held 70,904 shares of the commercial banks company at the end of 2017Q3, valued at $4.98 million, up from 249 at the end of the previous reported quarter. Tower Research Capital Llc Trc who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be bullish on the $107.51B market cap company. The stock decreased 0.20% or $0.12 during the last trading session, reaching $59.25. About 894,606 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 8.67% since January 21, 2017 and is uptrending. It has underperformed by 8.03% the S&P500.

Tower Research Capital Llc Trc, which manages about $1.21B US Long portfolio, decreased its stake in Ishares Tr (IVV) by 22,270 shares to 9,663 shares, valued at $2.44 million in 2017Q3, according to the filing. It also reduced its holding in Vanguard Index Fds (VO) by 91,241 shares in the quarter, leaving it with 200 shares, and cut its stake in Ishares Tr (IWM).

More notable recent The Toronto-Dominion Bank (NYSE:TD) news were published by: Fool.ca which released: “Toronto-Dominion Bank and Royal Bank of Canada Are Still Attractive After the …” on January 20, 2018, also Fool.ca with their article: “Is Toronto-Dominion Bank a Forever Stock?” published on January 21, 2018, Nasdaq.com published: “Toronto Dominion Bank (TD) Ex-Dividend Date Scheduled for January 09, 2018” on January 08, 2018. More interesting news about The Toronto-Dominion Bank (NYSE:TD) were released by: Seekingalpha.com and their article: “TD Bank: Quality Isn’t Always Expensive” published on January 15, 2018 as well as Cbc.ca‘s news article titled: “Royal Bank, TD and CIBC raise their fixed 5-year mortgage rates” with publication date: January 12, 2018.

The Toronto-Dominion Bank (NYSE:TD) Ratings Coverage

Among 10 analysts covering TD Bank (NYSE:TD), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. TD Bank had 22 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Scotia Capital with “Sector Perform” on Friday, August 28. The firm has “Buy” rating by Bank of America given on Tuesday, November 1. The firm earned “Neutral” rating on Monday, September 21 by Credit Suisse. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Outperform” rating by Credit Suisse on Tuesday, May 3. RBC Capital Markets maintained the shares of TD in report on Friday, August 28 with “Outperform” rating. RBC Capital Markets downgraded The Toronto-Dominion Bank (NYSE:TD) on Monday, March 13 to “Sector Perform” rating. BMO Capital Markets maintained The Toronto-Dominion Bank (NYSE:TD) rating on Monday, August 31. BMO Capital Markets has “Outperform” rating and $57 target. National Bank Canada upgraded The Toronto-Dominion Bank (NYSE:TD) on Friday, September 1 to “Outperform” rating. On Tuesday, May 23 the stock rating was upgraded by Barclays Capital to “Equal-Weight”. The firm has “Buy” rating given on Wednesday, September 14 by Citigroup.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.