Toronto-Dominion Bank (TD) : Lvm Capital Management Ltdmi reduced its stake in Toronto-Dominion Bank by 1.79% during the most recent quarter end. The investment management company now holds a total of 161,465 shares of Toronto-Dominion Bank which is valued at $6.8 Million after selling 2,950 shares in Toronto-Dominion Bank according to a report filed by the company on Apr 4, 2016 with the SEC.Toronto-Dominion Bank makes up approximately 2.17% of Lvm Capital Management Ltdmi’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.
Toronto-Dominion Bank opened for trading at $42.14 and hit $42.6465 on the upside on Monday, eventually ending the session at $42.18, with a gain of 0.55% or 0.23 points. The heightened volatility saw the trading volume jump to 11,21,015 shares. Company has a market cap of $78,088 M.
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.