Intact Investment Management INC Raised Its Holding in Toronto Dominion Bk Ont (TD) by $54.90 Million

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Intact Investment Management Inc increased its stake in Toronto Dominion Bk Ont (TD) by 62.02% based on its latest 2019Q1 regulatory filing with the SEC. Intact Investment Management Inc bought 762,490 shares as the company’s stock rose 3.16% . The institutional investor held 1.99M shares of the commercial banks company at the end of 2019Q1, valued at $144.45M, up from 1.23 million at the end of the previous reported quarter. Intact Investment Management Inc who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be bullish on the $99.54 billion market cap company. The stock decreased 1.23% or $0.67 during the last trading session, reaching $53.93. About 1.90M shares traded or 73.31% up from the average. The Toronto-Dominion Bank (NYSE:TD) has declined 0.92% since August 16, 2018 and is downtrending. It has underperformed by 0.92% the S&P500.

Intact Investment Management Inc, which manages about $2.80 billion US Long portfolio, decreased its stake in Sun Life Finl Inc (NYSE:SLF) by 68,975 shares to 274,725 shares, valued at $14.10 million in 2019Q1, according to the filing. It also reduced its holding in Abbvie Inc (NYSE:ABBV) by 62,600 shares in the quarter, leaving it with 45,500 shares, and cut its stake in American Wtr Wks Co Inc New (NYSE:AWK).

More notable recent The Toronto-Dominion Bank (NYSE:TD) news were published by: Fool.ca which released: “Did This Bank Stock Just Make a Horrible Mistake? – The Motley Fool Canada” on July 28, 2019, also Fool.ca with their article: “Why the Best Dividend Banking Stock Isn’t CIBC (TSX:CM) – The Motley Fool Canada” published on August 09, 2019, Fool.ca published: “3 Things Investors Should Look for When TD Bank (TSX:TD) Releases Earnings Next Month – The Motley Fool Canada” on July 28, 2019. More interesting news about The Toronto-Dominion Bank (NYSE:TD) were released by: Fool.ca and their article: “Could This 6.7% Yield Be a Better Buy Than TD Bank Stock (TSX:TD)? – The Motley Fool Canada” published on August 09, 2019 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For August 15, 2019 – Benzinga” with publication date: August 15, 2019.

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