As Otter Tail (OTTR) Market Valuation Rose, Holder Iowa State Bank Has Trimmed Its Holding; Davis-Rea LTD Decreased Toronto Dominion Bank (TD) Position as Valuation Declined

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Iowa State Bank decreased its stake in Otter Tail Corporation (OTTR) by 50% based on its latest 2018Q3 regulatory filing with the SEC. Iowa State Bank sold 6,797 shares as the company’s stock rose 1.79% while stock markets declined. The institutional investor held 6,796 shares of the central company at the end of 2018Q3, valued at $326,000, down from 13,593 at the end of the previous reported quarter. Iowa State Bank who had been investing in Otter Tail Corporation for a number of months, seems to be less bullish one the $1.88B market cap company. The stock decreased 2.82% or $1.37 during the last trading session, reaching $47.27. About 88,542 shares traded or 13.58% up from the average. Otter Tail Corporation (NASDAQ:OTTR) has risen 5.89% since January 7, 2018 and is uptrending. It has outperformed by 5.89% the S&P500. Some Historical OTTR News: 07/05/2018 – OTTER TAIL SEES FY EPS CONT OPS $1.90 TO $2.05, EST. $1.93; 18/04/2018 – Idaho Governor: GOVERNOR OTTER AND IDAHO’S FIRST LADY MOURN THE PASSING OF BARBARA BUSH; 12/04/2018 – ID Securities: Governor Otter Signs Proclamation Designating April as Financial Literacy Month! 2018; 02/05/2018 – Otter Tail Corporation Declares Quarterly Dividend; 07/05/2018 – OTTER TAIL 1Q EPS CONT OPS 66C, EST. 54C; 20/04/2018 – OTTER TAIL – FILED A REQUEST WITH SOUTH DAKOTA PUBLIC UTILITIES COMMISSION TO INCREASE ITS RATES; 09/05/2018 – AISENSE ANNOUNCES GENERAL AVAILABILITY AND PREMIUM VERSION OF OTTER VOICE NOTES, DESIGNED FOR BUSINESS PEOPLE, JOURNALISTS AND STUDENTS; 02/04/2018 – Otter Tail Closes Below 200-Day Moving Average: Technicals; 04/04/2018 – Idaho Governor: DECLO TO HOST GOVERNOR OTTER’S 101ST CAPITAL FOR A DAY; 07/05/2018 – OTTER TAIL 1Q OPER REV. $241.3M

Davis-Rea Ltd decreased its stake in Toronto Dominion Bank (TD) by 2.19% based on its latest 2018Q3 regulatory filing with the SEC. Davis-Rea Ltd sold 5,144 shares as the company’s stock declined 13.94% with the market. The institutional investor held 230,025 shares of the commercial banks company at the end of 2018Q3, valued at $13.97 million, down from 235,169 at the end of the previous reported quarter. Davis-Rea Ltd who had been investing in Toronto Dominion Bank for a number of months, seems to be less bullish one the $91.48 billion market cap company. The stock increased 0.30% or $0.15 during the last trading session, reaching $50.91. About 1.65M shares traded or 4.56% up from the average. The Toronto-Dominion Bank (NYSE:TD) has declined 8.12% since January 7, 2018 and is downtrending. It has underperformed by 8.12% the S&P500. Some Historical TD News: 24/05/2018 – TORONTO-DOMINION BANK – QTRLY PROVISION FOR CREDIT LOSSES C$556 MLN VS VS C$500 MLN REPORTED LAST YEAR; 12/04/2018 – Talend Connect 2018: New Speakers Include AstraZeneca, Royal Caribbean & TD Bank; 15/03/2018 – Pymnts.com: TD Bank Expands Auto Financing Nationwide; 24/05/2018 – TORONTO-DOMINION BANK – QTRLY RETURN ON COMMON EQUITY (ADJUSTED) 17.6 PCT VS 14.8 PCT REPORTED LAST YEAR; 15/03/2018 – TD Bank Gets Bragging Rights for Canada’s Largest Corporate Bond; 23/03/2018 – Toronto-Dominion Bank Closes Below 50-Day Average: Technicals; 24/05/2018 – Toronto-Dominion 2Q Rev C$9.47B; 05/03/2018 – TORONTO-DOMINION BANK – GROSS PROCEEDS OF OFFERING WILL NOW BE $350 MLN; 28/03/2018 – TD BANK GROUP: INTENTION TO REPURCHASE FOR CANCELLATION UP TO; 24/05/2018 – TORONTO-DOMINION BANK QTRLY CANADIAN RETAIL NET INCOME WAS $1,833 MLN, AN INCREASE OF 17% COMPARED WITH SAME QUARTER LAST YEAR

Among 11 analysts covering TD Bank (NYSE:TD), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. TD Bank had 25 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Buy” rating by Bank of America on Tuesday, November 1. RBC Capital Markets downgraded The Toronto-Dominion Bank (NYSE:TD) on Monday, March 13 to “Sector Perform” rating. Credit Suisse upgraded the shares of TD in report on Tuesday, May 3 to “Outperform” rating. Citigroup maintained it with “Buy” rating and $67 target in Wednesday, September 14 report. Barclays Capital upgraded the shares of TD in report on Tuesday, May 23 to “Equal-Weight” rating. National Bank Canada upgraded the stock to “Outperform” rating in Friday, September 1 report. The firm has “Buy” rating given on Tuesday, January 30 by Bank of America. The stock of The Toronto-Dominion Bank (NYSE:TD) earned “Neutral” rating by Credit Suisse on Monday, September 21. RBC Capital Markets maintained the shares of TD in report on Friday, August 28 with “Outperform” rating. The firm earned “Sector Perform” rating on Friday, August 28 by Scotia Capital.

Davis-Rea Ltd, which manages about $176.81 million US Long portfolio, upped its stake in Goldman Sachs Group (NYSE:GS) by 4,256 shares to 27,440 shares, valued at $6.15 million in 2018Q3, according to the filing. It also increased its holding in Disney (Walt) Company (NYSE:DIS) by 15,980 shares in the quarter, for a total of 56,267 shares, and has risen its stake in Algonquin Pwr & Utilities.

More notable recent The Toronto-Dominion Bank (NYSE:TD) news were published by: Fool.ca which released: “2018 Has Been a Brutal Year for Stocks: Here’s Why 2019 Could Be Even Worse – The Motley Fool Canada” on December 28, 2018, also Fool.ca with their article: “2 Great Banks, 1 Investment, Your Portfolio – The Motley Fool Canada” published on December 16, 2018, Fool.ca published: “Toronto-Dominion Bank (TSX:TD): A Top Stock to Buy With Your 2019 TFSA Contribution – The Motley Fool Canada” on December 27, 2018. More interesting news about The Toronto-Dominion Bank (NYSE:TD) were released by: Seekingalpha.com and their article: “TD Bank Seems Undervalued – Seeking Alpha” published on December 16, 2018 as well as Fool.ca‘s news article titled: “RRSP Investors: Should You Buy Toronto-Dominion Bank (TSX:TD) or Suncor Energy Inc. (TSX:SU) Stock Today? – The Motley Fool Canada” with publication date: December 25, 2018.

Analysts await The Toronto-Dominion Bank (NYSE:TD) to report earnings on March, 7. They expect $1.28 EPS, up 4.07% or $0.05 from last year’s $1.23 per share. TD’s profit will be $2.30B for 9.94 P/E if the $1.28 EPS becomes a reality. After $1.25 actual EPS reported by The Toronto-Dominion Bank for the previous quarter, Wall Street now forecasts 2.40% EPS growth.

More notable recent Otter Tail Corporation (NASDAQ:OTTR) news were published by: Globenewswire.com which released: “Cerner and OTTR Chronic Care Solutions Will Integrate Technology for Organ Transplant Care Teams – GlobeNewswire” on March 27, 2014, also Globenewswire.com with their article: “BTD Acquires Impulse Manufacturing Nasdaq:OTTR – GlobeNewswire” published on September 01, 2015, Nasdaq.com published: “The Zacks Analyst Blog Highlights: Otter, Pinnacle West, Duke, Archer Daniels and Unilever – Nasdaq” on December 19, 2018. More interesting news about Otter Tail Corporation (NASDAQ:OTTR) were released by: Nasdaq.com and their article: “Otter Tail Corporation (OTTR) Ex-Dividend Date Scheduled for August 14, 2018 – Nasdaq” published on August 13, 2018 as well as Seekingalpha.com‘s news article titled: “Otter Tail Is Exhausting The Top Of Its Short-Term Potential – Seeking Alpha” with publication date: September 04, 2018.

Otter Tail Corporation (NASDAQ:OTTR) Institutional Positions Chart