American Assets Inc adds Toronto-Dominion Bank (TD) to its portfolio

Toronto-Dominion Bank (TD) : American Assets Inc added new position in Toronto-Dominion Bank during the most recent quarter end. The investment management firm now holds 10,000 shares of Toronto-Dominion Bank which is valued at $433,300 , the company said in a statement filed on May 13, 2016 with the SEC.Toronto-Dominion Bank makes up approximately 0.14% of American Assets Inc’s portfolio.

Other Hedge Funds, Including , Credit Agricole S A reduced its stake in TD by selling 122,898 shares or 13.88% in the most recent quarter. The Hedge Fund company now holds 762,731 shares of TD which is valued at $33 Million. Toronto-Dominion Bank makes up approx 0.16% of Credit Agricole S A’s portfolio.Omers Administration Corp boosted its stake in TD in the latest quarter, The investment management firm added 290,900 additional shares and now holds a total of 1,798,000 shares of Toronto-Dominion Bank which is valued at $77.9 Million. Toronto-Dominion Bank makes up approx 1.78% of Omers Administration Corp’s portfolio.Wfg Advisors Lp boosted its stake in TD in the latest quarter, The investment management firm added 138 additional shares and now holds a total of 3,632 shares of Toronto-Dominion Bank which is valued at $157,375. Toronto-Dominion Bank makes up approx 0.05% of Wfg Advisors Lp’s portfolio.Manufacturers Life Insurance Company The boosted its stake in TD in the latest quarter, The investment management firm added 607,806 additional shares and now holds a total of 12,877,282 shares of Toronto-Dominion Bank which is valued at $558 Million. Toronto-Dominion Bank makes up approx 0.88% of Manufacturers Life Insurance Company The’s portfolio.

Toronto-Dominion Bank opened for trading at $43.55 and hit $44.2 on the upside on Wednesday, eventually ending the session at $44.09, with a gain of 1.75% or 0.76 points. The heightened volatility saw the trading volume jump to 18,37,420 shares. Company has a market cap of $81,624 M.

On the company’s financial health, Toronto-Dominion Bank reported $1.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 26, 2016. Analyst had a consensus of $1.17. The company had revenue of $8259.00 million for the quarter, compared to analysts expectations of $7997.58 million. The company’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.14 EPS.

Many Wall Street Analysts have commented on Toronto-Dominion Bank. Toronto-Dominion Bank was Upgraded by Credit Suisse to ” Outperform” on May 3, 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.

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