UBS Group AG boosted its stake in shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 137.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,192 shares of the financial services provider’s stock after buying an additional 24,400 shares during the period. UBS Group AG’s holdings in TD Ameritrade Holding Corporation were worth $1,640,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Caisse DE Depot ET Placement DU Quebec increased its position in TD Ameritrade Holding Corporation by 5.8% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 3,455,600 shares of the financial services provider’s stock valued at $134,431,000 after buying an additional 189,600 shares in the last quarter. Geode Capital Management LLC increased its position in TD Ameritrade Holding Corporation by 7.1% in the first quarter. Geode Capital Management LLC now owns 2,207,609 shares of the financial services provider’s stock valued at $85,759,000 after buying an additional 147,033 shares in the last quarter. Valley National Advisers Inc. increased its position in TD Ameritrade Holding Corporation by 6.1% in the first quarter. Valley National Advisers Inc. now owns 3,247 shares of the financial services provider’s stock valued at $126,000 after buying an additional 188 shares in the last quarter. Snyder Capital Management L P boosted its stake in shares of TD Ameritrade Holding Corporation by 58.8% in the first quarter. Snyder Capital Management L P now owns 219,561 shares of the financial services provider’s stock valued at $8,532,000 after buying an additional 81,318 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of TD Ameritrade Holding Corporation by 12.1% in the first quarter. Vanguard Group Inc. now owns 12,856,827 shares of the financial services provider’s stock valued at $499,616,000 after buying an additional 1,391,792 shares during the last quarter. Hedge funds and other institutional investors own 90.94% of the company’s stock.

TD Ameritrade Holding Corporation (AMTD) traded down 0.31% on Tuesday, hitting $45.01. The stock had a trading volume of 2,543,820 shares. TD Ameritrade Holding Corporation has a 1-year low of $30.32 and a 1-year high of $47.41. The stock has a 50 day moving average price of $44.23 and a 200 day moving average price of $41.15. The company has a market cap of $23.77 billion, a P/E ratio of 28.13 and a beta of 1.48.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last posted its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. TD Ameritrade Holding Corporation had a return on equity of 16.09% and a net margin of 24.01%. The company had revenue of $931 million for the quarter, compared to the consensus estimate of $897.98 million. During the same quarter in the prior year, the business posted $0.45 EPS. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, equities research analysts expect that TD Ameritrade Holding Corporation will post $1.69 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, July 28th. This represents a $0.72 annualized dividend and a yield of 1.60%. TD Ameritrade Holding Corporation’s dividend payout ratio is 45.00%.

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Several equities research analysts have recently weighed in on AMTD shares. Zacks Investment Research cut TD Ameritrade Holding Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, April 11th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $44.50 price target on shares of TD Ameritrade Holding Corporation in a research note on Wednesday, April 12th. Credit Suisse Group reissued a “buy” rating and issued a $48.00 price target on shares of TD Ameritrade Holding Corporation in a research note on Thursday, April 13th. Instinet reissued a “buy” rating and issued a $49.00 price target (up previously from $48.00) on shares of TD Ameritrade Holding Corporation in a research note on Friday, April 14th. Finally, Deutsche Bank AG decreased their price target on TD Ameritrade Holding Corporation from $40.00 to $39.00 and set a “hold” rating for the company in a research note on Tuesday, April 18th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. TD Ameritrade Holding Corporation has a consensus rating of “Buy” and an average price target of $44.47.

In other TD Ameritrade Holding Corporation news, Director Joseph H. Moglia sold 10,000 shares of the stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $40.45, for a total transaction of $404,500.00. Following the sale, the director now directly owns 170,000 shares in the company, valued at approximately $6,876,500. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.42% of the company’s stock.

TD Ameritrade Holding Corporation 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.

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

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