TD Ameritrade Holding Corp. (NASDAQ:AMTD) – Stock analysts at William Blair cut their Q4 2016 earnings estimates for shares of TD Ameritrade Holding Corp. in a research note issued to investors on Friday. William Blair analyst C. Shutler now expects that the brokerage will earn $0.38 per share for the quarter, down from their prior forecast of $0.39. William Blair also issued estimates for TD Ameritrade Holding Corp.’s FY2017 earnings at $1.75 EPS.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last released its earnings results on Tuesday, July 19th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. TD Ameritrade Holding Corp. had a return on equity of 17.06% and a net margin of 26.24%. The company had revenue of $838 million for the quarter, compared to the consensus estimate of $829.63 million.

Earnings History and Estimates for TD Ameritrade Holding Corp. (NASDAQ:AMTD)

A number of other brokerages have also recently weighed in on AMTD. SunTrust Banks Inc. set a $37.00 price target on TD Ameritrade Holding Corp. and gave the stock a “buy” rating in a research report on Friday, September 30th. Credit Agricole SA boosted their price target on TD Ameritrade Holding Corp. from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday, September 22nd. Morgan Stanley began coverage on TD Ameritrade Holding Corp. in a research report on Monday, September 26th. They issued an “equal weight” rating and a $34.00 price target for the company. Deutsche Bank AG boosted their price target on TD Ameritrade Holding Corp. from $33.00 to $34.00 and gave the stock a “hold” rating in a research report on Friday, September 9th. Finally, Barclays PLC boosted their price target on TD Ameritrade Holding Corp. from $30.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 9th. Eleven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $34.47.

Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 36.12 on Monday. The company has a 50 day moving average price of $33.09 and a 200 day moving average price of $30.99. The company has a market cap of $19.01 billion, a P/E ratio of 22.16 and a beta of 1.50. TD Ameritrade Holding Corp. has a one year low of $24.88 and a one year high of $37.90.

Several large investors have recently added to or reduced their stakes in AMTD. Fuller & Thaler Asset Management Inc. bought a new stake in TD Ameritrade Holding Corp. during the second quarter valued at $108,000. Mizuho Asset Management Co. Ltd. raised its stake 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. raised its stake 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 bought a new stake in TD Ameritrade Holding Corp. during the second quarter valued at $150,000. Finally, Pacer Advisors Inc. raised its stake 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. Institutional investors own 90.28% of the company’s stock.

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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