British Columbia Investment Management Corp lowered its position in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 8.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 248,647 shares of the company’s stock after selling 21,880 shares during the period. British Columbia Investment Management Corp’s holdings in TD Ameritrade Holding Corp. were worth $8,762,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. purchased a new stake in TD Ameritrade Holding Corp. during the second quarter worth approximately $108,000. Mizuho Asset Management Co. Ltd. increased its position in shares of 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 during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 during the last quarter. Societe Generale bought a new position in shares of TD Ameritrade Holding Corp. during the second quarter worth about $150,000. Finally, Pacer Advisors Inc. increased its position in shares of 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 during the last quarter. 89.24% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for TD Ameritrade Holding Corp. (NASDAQ:AMTD)

Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded up 1.24% during mid-day trading on Tuesday, reaching $40.94. The company’s stock had a trading volume of 1,687,515 shares. The company’s 50-day moving average is $36.41 and its 200 day moving average is $32.44. The firm has a market capitalization of $21.54 billion, a P/E ratio of 25.91 and a beta of 1.54. TD Ameritrade Holding Corp. has a 1-year low of $24.88 and a 1-year high of $41.21.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last announced its earnings results on Monday, October 24th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.03. TD Ameritrade Holding Corp. had a net margin of 25.32% and a return on equity of 16.31%. The company earned $829 million during the quarter, compared to analysts’ expectations of $838.27 million. During the same quarter last year, the business posted $0.40 earnings per share. The company’s revenue for the quarter was down .2% compared to the same quarter last year. On average, analysts expect that TD Ameritrade Holding Corp. will post $1.64 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 22nd. Stockholders of record on Tuesday, November 8th were issued a $0.18 dividend. This is a boost from TD Ameritrade Holding Corp.’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Friday, November 4th. TD Ameritrade Holding Corp.’s dividend payout ratio (DPR) is currently 45.86%.

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AMTD has been the subject of a number of analyst reports. Morgan Stanley initiated coverage on TD Ameritrade Holding Corp. in a report on Monday, September 26th. They issued an “equal weight” rating and a $34.00 price target for the company. SunTrust Banks Inc. reissued a “buy” rating and issued a $42.00 price target (up from $38.00) on shares of TD Ameritrade Holding Corp. in a report on Tuesday, October 25th. Barclays PLC boosted their price target on TD Ameritrade Holding Corp. from $32.00 to $37.00 and gave the company an “equal weight” rating in a report on Thursday, October 13th. Zacks Investment Research downgraded TD Ameritrade Holding Corp. from a “hold” rating to a “sell” rating in a report on Thursday, October 27th. Finally, Citigroup Inc. reissued a “neutral” rating and issued a $36.50 price target on shares of TD Ameritrade Holding Corp. in a report on Sunday, October 23rd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $36.43.

In other TD Ameritrade Holding Corp. news, Director Brian M. Levitt purchased 5,000 shares of TD Ameritrade Holding Corp. stock in a transaction dated Wednesday, October 26th. The stock was acquired at an average cost of $33.87 per share, with a total value of $169,350.00. Following the acquisition, the director now directly owns 6,509 shares of the company’s stock, valued at $220,459.83. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.79% of the stock is owned by insiders.

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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