Andra AP fonden increased its position in TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 39.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,100 shares of the financial services provider’s stock after buying an additional 18,100 shares during the period. Andra AP fonden’s holdings in TD Ameritrade Holding Corporation were worth $2,756,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. 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 worth $126,000 after buying an additional 188 shares in the last quarter. Global X Management Co. LLC increased its position in TD Ameritrade Holding Corporation by 37.9% in the first quarter. Global X Management Co. LLC now owns 3,290 shares of the financial services provider’s stock worth $128,000 after buying an additional 904 shares in the last quarter. Van ECK Associates Corp increased its position in TD Ameritrade Holding Corporation by 7.3% in the first quarter. Van ECK Associates Corp now owns 3,613 shares of the financial services provider’s stock worth $140,000 after buying an additional 247 shares in the last quarter. Federated Investors Inc. PA increased its position in TD Ameritrade Holding Corporation by 5.1% in the second quarter. Federated Investors Inc. PA now owns 4,054 shares of the financial services provider’s stock worth $174,000 after buying an additional 198 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. increased its position in TD Ameritrade Holding Corporation by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,394 shares of the financial services provider’s stock worth $171,000 after buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 93.55% of the company’s stock.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) opened at 43.42 on Friday. The company’s 50 day moving average is $44.55 and its 200 day moving average is $40.97. The stock has a market cap of $22.93 billion, a PE ratio of 27.14 and a beta of 1.49. TD Ameritrade Holding Corporation has a one year low of $31.65 and a one year high of $47.41.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last released its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. TD Ameritrade Holding Corporation had a net margin of 24.01% and a return on equity of 16.09%. The firm had revenue of $931 million during the quarter, compared to the consensus estimate of $897.98 million. During the same quarter in the prior year, the firm earned $0.45 EPS. TD Ameritrade Holding Corporation’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities research analysts expect that TD Ameritrade Holding Corporation will post $1.68 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st were given a $0.18 dividend. The ex-dividend date was Friday, July 28th. This represents a $0.72 annualized dividend and a yield of 1.66%. TD Ameritrade Holding Corporation’s dividend payout ratio (DPR) is 45.00%.

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A number of equities analysts have recently issued reports on the stock. Morgan Stanley reiterated an “equal weight” rating and set a $43.00 price objective (up from $40.00) on shares of TD Ameritrade Holding Corporation in a research note on Tuesday, July 25th. SunTrust Banks, Inc. reissued a “buy” rating and set a $50.00 target price (up previously from $46.00) on shares of TD Ameritrade Holding Corporation in a research report on Wednesday, July 19th. BidaskClub cut shares of TD Ameritrade Holding Corporation from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. Instinet reissued a “buy” rating and set a $49.00 target price (down previously from $50.00) on shares of TD Ameritrade Holding Corporation in a research report on Thursday, July 13th. Finally, Nomura decreased their target price on shares of TD Ameritrade Holding Corporation from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $44.33.

In related news, Director Joseph H. Moglia sold 10,000 shares of the company’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $40.45, for a total value of $404,500.00. Following the completion of the sale, the director now owns 170,000 shares in the company, valued at approximately $6,876,500. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.42% of the stock is owned by corporate insiders.

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.

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

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