Toronto Dominion Bank Has $1.13 Million Holdings in IAA, Inc. (NYSE:IAA)

Toronto Dominion Bank lifted its position in IAA, Inc. (NYSE:IAA) by 8.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,670 shares of the company’s stock after acquiring an additional 1,546 shares during the period. Toronto Dominion Bank’s holdings in IAA were worth $1,126,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IAA. Envestnet Asset Management Inc. grew its stake in shares of IAA by 8.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 100,634 shares of the company’s stock worth $5,549,000 after acquiring an additional 8,127 shares in the last quarter. Alliancebernstein L.P. raised its stake in IAA by 1.5% in the first quarter. Alliancebernstein L.P. now owns 221,673 shares of the company’s stock valued at $12,223,000 after purchasing an additional 3,361 shares in the last quarter. Arizona State Retirement System raised its stake in IAA by 0.8% in the first quarter. Arizona State Retirement System now owns 39,143 shares of the company’s stock valued at $2,158,000 after purchasing an additional 298 shares in the last quarter. Fifth Third Bancorp grew its position in IAA by 50.1% in the first quarter. Fifth Third Bancorp now owns 5,140 shares of the company’s stock valued at $283,000 after acquiring an additional 1,716 shares during the last quarter. Finally, Swiss National Bank grew its position in IAA by 1.5% in the first quarter. Swiss National Bank now owns 307,200 shares of the company’s stock valued at $16,939,000 after acquiring an additional 4,400 shares during the last quarter. Institutional investors and hedge funds own 99.70% of the company’s stock.

Shares of NYSE:IAA opened at $55.47 on Thursday. The company has a market capitalization of $7.48 billion, a PE ratio of 27.60 and a beta of 1.70. The company has a debt-to-equity ratio of 4.93, a current ratio of 2.51 and a quick ratio of 2.51. The business has a fifty day moving average price of $55.22 and a two-hundred day moving average price of $56.39. IAA, Inc. has a 1 year low of $49.42 and a 1 year high of $66.85.

IAA (NYSE:IAA) last announced its quarterly earnings data on Tuesday, August 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.14. The firm had revenue of $445.10 million during the quarter, compared to the consensus estimate of $415.86 million. IAA had a return on equity of 266.73% and a net margin of 17.13%. The business’s revenue for the quarter was up 50.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.27 EPS. Sell-side analysts anticipate that IAA, Inc. will post 2.28 earnings per share for the current year.

Separately, Zacks Investment Research lowered IAA from a “buy” rating to a “hold” rating in a research report on Monday, September 13th.

IAA Company Profile

IAA, Inc engages in the provision of auction solutions for total loss, damaged and low-value vehicles. Its solutions focuses on a diverse set of global customers, provide buyers with rebuild requirements, replacement part inventory and scrap demand. It operates through the following segments: United States and International.

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Institutional Ownership by Quarter for IAA (NYSE:IAA)

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