Shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) have earned an average rating of “Hold” from the nineteen brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $44.07.

A number of analysts have recently weighed in on AMTD shares. Instinet restated a “buy” rating and issued a $49.00 target price (down from $50.00) on shares of TD Ameritrade Holding Corporation in a research note on Thursday, July 13th. Nomura lowered their target price on TD Ameritrade Holding Corporation from $50.00 to $49.00 and set a “buy” rating for the company in a research note on Thursday, July 13th. Rosenblatt Securities started coverage on TD Ameritrade Holding Corporation in a research note on Thursday, July 13th. They issued a “buy” rating and a $50.00 target price for the company. Zacks Investment Research upgraded TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research note on Wednesday, July 12th. Finally, SunTrust Banks, Inc. restated a “buy” rating and issued a $50.00 target price (up from $46.00) on shares of TD Ameritrade Holding Corporation in a research note on Wednesday, July 19th.

In related news, Director Joseph H. Moglia sold 10,000 shares of the firm’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $40.45, for a total value of $404,500.00. Following the transaction, the director now owns 170,000 shares in the company, valued at $6,876,500. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.42% of the stock is owned by company insiders.

A number of institutional investors have recently modified their holdings of AMTD. Janus Henderson Group PLC boosted its position in shares of TD Ameritrade Holding Corporation by 26,316.9% in the second quarter. Janus Henderson Group PLC now owns 20,404,947 shares of the financial services provider’s stock worth $877,208,000 after buying an additional 20,327,705 shares during the period. Janus Capital Management LLC boosted its position in shares of TD Ameritrade Holding Corporation by 14.6% in the first quarter. Janus Capital Management LLC now owns 20,330,486 shares of the financial services provider’s stock worth $790,037,000 after buying an additional 2,582,698 shares during the period. BlackRock Inc. boosted its position in shares of TD Ameritrade Holding Corporation by 1,374.1% in the first quarter. BlackRock Inc. now owns 13,534,046 shares of the financial services provider’s stock worth $525,933,000 after buying an additional 12,615,921 shares during the period. Vanguard Group Inc. boosted its position in shares of TD Ameritrade Holding Corporation by 3.2% in the second quarter. Vanguard Group Inc. now owns 13,265,664 shares of the financial services provider’s stock worth $570,291,000 after buying an additional 408,837 shares during the period. Finally, FMR LLC boosted its position in shares of TD Ameritrade Holding Corporation by 103.8% in the second quarter. FMR LLC now owns 10,475,718 shares of the financial services provider’s stock worth $450,351,000 after buying an additional 5,336,529 shares during the period. Hedge funds and other institutional investors own 90.40% of the company’s stock.

Shares of TD Ameritrade Holding Corporation (NASDAQ AMTD) traded up 0.05% during trading on Friday, hitting $42.45. 1,100,983 shares of the stock traded hands. TD Ameritrade Holding Corporation has a 52-week low of $30.97 and a 52-week high of $47.41. The company’s 50 day moving average is $44.93 and its 200 day moving average is $40.96. The firm has a market cap of $22.41 billion, a PE ratio of 26.53 and a beta of 1.48.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last announced its earnings results on Tuesday, July 18th. The financial services provider reported $0.44 earnings per share for the quarter, beating the Zacks’ 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 during the quarter, compared to analyst estimates of $897.98 million. During the same period last year, the company posted $0.45 earnings per share. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, equities research analysts predict that TD Ameritrade Holding Corporation will post $1.68 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend was Friday, July 28th. TD Ameritrade Holding Corporation’s dividend payout ratio is 45.00%.

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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.

Analyst Recommendations for TD Ameritrade Holding Corporation (NASDAQ:AMTD)

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