CreativeOne Wealth LLC Invests $227,000 in The Toronto-Dominion Bank (NYSE:TD)

CreativeOne Wealth LLC bought a new position in The Toronto-Dominion Bank (NYSE:TD) (TSE:TD) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,587 shares of the bank’s stock, valued at approximately $227,000.

A number of other hedge funds have also modified their holdings of TD. Triad Wealth Partners LLC acquired a new position in shares of Toronto-Dominion Bank in the 2nd quarter worth approximately $31,000. Blue Trust Inc. increased its holdings in Toronto-Dominion Bank by 50.7% during the 2nd quarter. Blue Trust Inc. now owns 630 shares of the bank’s stock valued at $38,000 after purchasing an additional 212 shares in the last quarter. Kimelman & Baird LLC acquired a new stake in Toronto-Dominion Bank during the 2nd quarter valued at $49,000. Eastern Bank acquired a new stake in Toronto-Dominion Bank during the 3rd quarter valued at $66,000. Finally, Hexagon Capital Partners LLC increased its holdings in Toronto-Dominion Bank by 18.5% during the 3rd quarter. Hexagon Capital Partners LLC now owns 1,337 shares of the bank’s stock valued at $85,000 after purchasing an additional 209 shares in the last quarter. 52.37% of the stock is owned by institutional investors and hedge funds.

Toronto-Dominion Bank Stock Up 0.1 %

NYSE TD opened at $56.27 on Wednesday. The stock has a fifty day moving average of $57.87 and a 200-day moving average of $57.71. The stock has a market capitalization of $98.49 billion, a P/E ratio of 17.98, a price-to-earnings-growth ratio of 1.85 and a beta of 0.82. The Toronto-Dominion Bank has a 52 week low of $53.52 and a 52 week high of $65.12. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.02.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TD shares. Royal Bank of Canada cut Toronto-Dominion Bank from an “outperform” rating to a “sector perform” rating in a report on Friday, October 11th. Barclays cut Toronto-Dominion Bank from an “equal weight” rating to an “underweight” rating in a report on Thursday, November 21st. StockNews.com cut Toronto-Dominion Bank from a “hold” rating to a “sell” rating in a report on Thursday, August 22nd. Finally, National Bank Financial raised Toronto-Dominion Bank from an “underperform” rating to a “sector perform” rating in a research note on Thursday, August 22nd. Two analysts have rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Toronto-Dominion Bank currently has an average rating of “Hold” and an average target price of $84.00.

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.