TD Ameritrade Holding Corporation (NASDAQ:AMTD) – William Blair issued their FY2018 earnings per share estimates for shares of TD Ameritrade Holding Corporation in a report issued on Tuesday. William Blair analyst C. Shutler anticipates that the brokerage will earn $1.94 per share for the year.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last announced its quarterly earnings results on Monday, October 24th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by $0.03. The firm earned $829 million during the quarter, compared to analyst estimates of $838.27 million. TD Ameritrade Holding Corporation had a net margin of 25.32% and a return on equity of 16.31%. The business’s revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.40 earnings per share. TRADEMARK VIOLATION NOTICE: This article was first posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this article on another site, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/01/11/td-ameritrade-holding-corporation-amtd-expected-to-post-fy2018-earnings-of-1-94-per-share.html.

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

A number of other research firms have also recently issued reports on AMTD. Instinet upgraded TD Ameritrade Holding Corporation from a “neutral” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Friday, January 6th. Jefferies Group reiterated a “hold” rating and issued a $47.00 target price on shares of TD Ameritrade Holding Corporation in a research report on Sunday. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $42.00 target price (up previously from $38.00) on shares of TD Ameritrade Holding Corporation in a research report on Tuesday, October 25th. Zacks Investment Research cut TD Ameritrade Holding Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, October 27th. Finally, Morgan Stanley initiated coverage on TD Ameritrade Holding Corporation in a research report on Monday, September 26th. They issued an “equal weight” rating and a $34.00 target price on the stock. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $39.16.

Shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) traded up 0.11% during mid-day trading on Wednesday, hitting $46.89. 1,607,567 shares of the company were exchanged. The firm has a 50 day moving average of $42.95 and a 200 day moving average of $34.90. TD Ameritrade Holding Corporation has a 12-month low of $24.88 and a 12-month high of $47.01. The company has a market capitalization of $24.67 billion, a price-to-earnings ratio of 29.68 and a beta of 1.60.

In other news, Director Brian M. Levitt acquired 5,000 shares of the firm’s stock in a transaction dated Wednesday, October 26th. The stock was purchased at an average price of $33.87 per share, for a total transaction of $169,350.00. Following the completion of the acquisition, the director now directly owns 6,509 shares in the company, valued at approximately $220,459.83. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.42% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was first posted by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this article on another site, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/01/11/td-ameritrade-holding-corporation-amtd-expected-to-post-fy2018-earnings-of-1-94-per-share.html.

Large investors have recently added to or reduced their stakes in the stock. Shell Asset Management Co. increased its stake in TD Ameritrade Holding Corporation by 20.5% in the second quarter. Shell Asset Management Co. now owns 55,458 shares of the company’s stock valued at $1,579,000 after buying an additional 9,422 shares in the last quarter. Bank of Montreal Can purchased a new stake in TD Ameritrade Holding Corporation during the second quarter valued at approximately $10,602,000. K.J. Harrison & Partners Inc purchased a new stake in TD Ameritrade Holding Corporation during the second quarter valued at approximately $1,082,000. Lucus Advisors LLC purchased a new stake in TD Ameritrade Holding Corporation during the second quarter valued at approximately $351,000. Finally, Capital Fund Management S.A. increased its stake in TD Ameritrade Holding Corporation by 285.5% in the second quarter. Capital Fund Management S.A. now owns 226,532 shares of the company’s stock valued at $6,450,000 after buying an additional 167,775 shares in the last quarter. Hedge funds and other institutional investors own 89.23% of the company’s stock.

About TD Ameritrade Holding Corporation

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.

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