TD Ameritrade Holding Corp. (NASDAQ:AMTD) has been assigned a $37.00 price objective by research analysts at SunTrust Banks Inc. in a research report issued on Friday. The firm currently has a a “buy” rating on the stock. SunTrust Banks Inc.’s target price would indicate a potential upside of 5.56% from the company’s previous close.

A number of other analysts have also weighed in on the stock. Morgan Stanley initiated coverage on shares of TD Ameritrade Holding Corp. in a research note on Monday, September 26th. They issued an “equal weight” rating and a $34.00 price objective on the stock. Bank of America Corp. restated a “neutral” rating and set a $32.00 price target (up previously from $29.00) on shares of TD Ameritrade Holding Corp. in a research report on Sunday, July 24th. Barclays PLC raised their price target on shares of TD Ameritrade Holding Corp. from $30.00 to $32.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 9th. Deutsche Bank AG raised their price target on shares of TD Ameritrade Holding Corp. from $33.00 to $34.00 and gave the company a “hold” rating in a research report on Friday, September 9th. Finally, Zacks Investment Research lowered shares of TD Ameritrade Holding Corp. from a “hold” rating to a “sell” rating in a research report on Monday, June 6th. Eleven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $34.68.

Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 35.05 on Friday. The stock has a 50 day moving average of $32.55 and a 200-day moving average of $30.86. TD Ameritrade Holding Corp. has a 12-month low of $24.88 and a 12-month high of $37.90. The company has a market capitalization of $18.45 billion, a P/E ratio of 21.50 and a beta of 1.50.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last released its quarterly earnings data on Tuesday, July 19th. The company reported $0.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.07. The firm had revenue of $838 million for the quarter, compared to analyst estimates of $829.63 million. TD Ameritrade Holding Corp. had a net margin of 26.24% and a return on equity of 17.06%. Equities research analysts forecast that TD Ameritrade Holding Corp. will post $1.60 EPS for the current year.

Several institutional investors have recently bought and sold shares of AMTD. Fuller & Thaler Asset Management Inc. acquired a new position in TD Ameritrade Holding Corp. during the second quarter valued at $108,000. Mizuho Asset Management Co. Ltd. increased its position in TD Ameritrade Holding Corp. by 144.8% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 4,266 shares of the company’s stock valued at $121,000 after buying an additional 2,523 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in TD Ameritrade Holding Corp. by 10.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,393 shares of the company’s stock valued at $126,000 after buying an additional 409 shares in the last quarter. Societe Generale acquired a new position in TD Ameritrade Holding Corp. during the second quarter valued at $150,000. Finally, Pacer Advisors Inc. increased its position in TD Ameritrade Holding Corp. by 9.0% in the second quarter. Pacer Advisors Inc. now owns 5,933 shares of the company’s stock valued at $169,000 after buying an additional 492 shares in the last quarter. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

TD Ameritrade Holding Corp. Company Profile

TD Ameritrade Holding Corporation is a provider of securities brokerage services and related technology-based financial services. The Company provides its services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs.

5 Day Chart for NASDAQ:AMTD

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