Profund Advisors LLC raised its stake in TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 20.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 64,398 shares of the financial services provider’s stock after acquiring an additional 10,767 shares during the quarter. Profund Advisors LLC’s holdings in TD Ameritrade Holding Corporation were worth $2,768,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capstone Asset Management Co. lifted its stake in shares of TD Ameritrade Holding Corporation by 8.7% during the 1st quarter. Capstone Asset Management Co. now owns 7,097 shares of the financial services provider’s stock valued at $276,000 after buying an additional 570 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of TD Ameritrade Holding Corporation during the 1st quarter valued at approximately $211,000. Advisors Asset Management Inc. lifted its stake in shares of TD Ameritrade Holding Corporation by 110.2% during the 1st quarter. Advisors Asset Management Inc. now owns 11,757 shares of the financial services provider’s stock valued at $457,000 after buying an additional 6,164 shares in the last quarter. BNP Paribas Arbitrage SA lifted its stake in shares of TD Ameritrade Holding Corporation by 14.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 51,917 shares of the financial services provider’s stock valued at $2,017,000 after buying an additional 6,360 shares in the last quarter. Finally, Pictet Asset Management Ltd. lifted its stake in shares of TD Ameritrade Holding Corporation by 11.8% during the 1st quarter. Pictet Asset Management Ltd. now owns 100,100 shares of the financial services provider’s stock valued at $3,890,000 after buying an additional 10,600 shares in the last quarter. Hedge funds and other institutional investors own 93.55% of the company’s stock.

A number of analysts recently commented on the stock. Keefe, Bruyette & Woods restated a “hold” rating and set a $44.50 price target on shares of TD Ameritrade Holding Corporation in a research note on Friday, July 14th. Morgan Stanley restated an “equal weight” rating and set a $43.00 price target (up from $40.00) on shares of TD Ameritrade Holding Corporation in a research note on Tuesday, July 25th. BidaskClub cut shares of TD Ameritrade Holding Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 18th. Jefferies Group LLC upped their price target on shares of TD Ameritrade Holding Corporation from $40.00 to $48.00 and gave the company a “hold” rating in a research note on Monday, June 19th. Finally, Nomura dropped their price target on shares of TD Ameritrade Holding Corporation from $50.00 to $49.00 and set a “buy” rating on the stock in a research note on Thursday, July 13th. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. TD Ameritrade Holding Corporation has an average rating of “Buy” and a consensus price target of $44.40.

TD Ameritrade Holding Corporation (AMTD) traded up 1.00% during mid-day trading on Friday, reaching $45.25. 3,208,990 shares of the company’s stock traded hands. The stock has a 50 day moving average of $43.85 and a 200 day moving average of $40.99. TD Ameritrade Holding Corporation has a 12-month low of $31.95 and a 12-month high of $47.41. The company has a market cap of $23.90 billion, a P/E ratio of 28.28 and a beta of 1.48.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last released its earnings results on Tuesday, July 18th. The financial services provider reported $0.44 EPS for the quarter, topping 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 $931.00 million for the quarter, compared to the consensus estimate of $897.98 million. During the same quarter in the previous year, the firm earned $0.45 earnings per share. The company’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 $1.69 earnings per share for the current fiscal year.

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TD Ameritrade Holding Corporation 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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