TD Ameritrade Holding Corp. (NASDAQ:AMTD) – Jefferies Group raised their Q1 2017 earnings per share estimates for shares of TD Ameritrade Holding Corp. in a research note issued to investors on Tuesday. Jefferies Group analyst D. Fannon now expects that the firm will post earnings of $0.40 per share for the quarter, up from their previous forecast of $0.39. Jefferies Group currently has a “Hold” rating and a $36.00 price objective on the stock. Jefferies Group also issued estimates for TD Ameritrade Holding Corp.’s Q3 2017 earnings at $0.45 EPS, FY2017 earnings at $1.72 EPS and FY2018 earnings at $2.10 EPS.

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

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

A number of other analysts have also issued reports on the stock. Morgan Stanley initiated coverage on shares of 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. Bank of America Corp. reissued a “neutral” rating and issued a $32.00 price target (up from $29.00) on shares of TD Ameritrade Holding Corp. in a research report on Sunday, July 24th. Barclays PLC increased their price target on shares of 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. SunTrust Banks Inc. set a $37.00 price objective on TD Ameritrade Holding Corp. and gave the stock a “buy” rating in a report on Friday, September 30th. Finally, Deutsche Bank AG increased their price objective on TD Ameritrade Holding Corp. from $33.00 to $34.00 and gave the stock a “hold” rating in a report on Friday, September 9th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $35.84.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded up 1.06% during mid-day trading on Thursday, reaching $36.07. 466,357 shares of the company traded hands. The stock has a 50 day moving average price of $33.60 and a 200-day moving average price of $31.12. TD Ameritrade Holding Corp. has a 52-week low of $24.88 and a 52-week high of $37.90. The company has a market capitalization of $18.99 billion, a P/E ratio of 22.13 and a beta of 1.50.

Several large investors have recently bought and sold shares of AMTD. Fuller & Thaler Asset Management Inc. acquired a new stake in TD Ameritrade Holding Corp. during the second quarter valued at $108,000. Mizuho Asset Management Co. Ltd. increased 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 worth $121,000 after buying an additional 2,523 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased 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 worth $126,000 after buying an additional 409 shares in the last quarter. Societe Generale acquired a new stake in TD Ameritrade Holding Corp. during the second quarter worth $150,000. Finally, Pacer Advisors Inc. increased 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 worth $169,000 after buying an additional 492 shares in the last quarter. 90.28% of the stock is owned by 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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