Toronto-Dominion Bank (TD) : Eagle Ridge Investment Management scooped up 960 additional shares in Toronto-Dominion Bank during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 76,860 shares of Toronto-Dominion Bank which is valued at $3,408,741.Toronto-Dominion Bank makes up approximately 0.78% of Eagle Ridge Investment Management’s portfolio.
Toronto-Dominion Bank opened for trading at $44.14 and hit $44.33 on the upside on Wednesday, eventually ending the session at $44.16, with a gain of 0.25% or 0.11 points. The heightened volatility saw the trading volume jump to 12,10,496 shares. Company has a market cap of $81,753 M.
Other Hedge Funds, Including , Strs Ohio sold out all of its stake in TD during the most recent quarter. The investment firm sold 100,000 shares of TD which is valued $4,435,000.Foster Motley Inc boosted its stake in TD in the latest quarter, The investment management firm added 21,915 additional shares and now holds a total of 219,697 shares of Toronto-Dominion Bank which is valued at $9,743,562. Toronto-Dominion Bank makes up approx 1.94% of Foster Motley Inc’s portfolio.Carroll Financial Associates reduced its stake in TD by selling 39 shares or 12.62% in the most recent quarter. The Hedge Fund company now holds 270 shares of TD which is valued at $11,975.Central Trust Co reduced its stake in TD by selling 33,870 shares or 59.48% in the most recent quarter. The Hedge Fund company now holds 23,077 shares of TD which is valued at $998,080. Toronto-Dominion Bank makes up approx 0.08% of Central Trust Co’s portfolio.
On the company’s financial health, Toronto-Dominion Bank reported $1.18 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Feb 25, 2016. Analyst had a consensus of $1.19. The company had revenue of $8564.00 million for the quarter, compared to analysts expectations of $7819.59 million. The company’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.06 EPS.
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.