TD Ameritrade Holding Corporation (NASDAQ:AMTD) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 10,899,884 shares, a growth of 20.2% from the August 31st total of 9,071,673 shares. Based on an average daily trading volume, of 2,063,335 shares, the short-interest ratio is presently 5.3 days. Currently, 2.1% of the company’s shares are short sold.

A number of equities analysts have weighed in on the company. Morgan Stanley reissued an “equal weight” rating and set a $43.00 price objective (up previously from $40.00) on shares of TD Ameritrade Holding Corporation in a research note on Tuesday, July 25th. BidaskClub raised TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating in a research note on Saturday, September 23rd. SunTrust Banks, Inc. reissued a “buy” rating and set a $50.00 price objective (up previously from $46.00) on shares of TD Ameritrade Holding Corporation in a research note on Wednesday, July 19th. Instinet reissued a “buy” rating and set a $49.00 price objective (down previously from $50.00) on shares of TD Ameritrade Holding Corporation in a research note on Thursday, July 13th. Finally, Nomura lowered their price objective on 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. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $44.93.

In other TD Ameritrade Holding Corporation news, Director Joseph H. Moglia sold 15,000 shares of the business’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $44.66, for a total transaction of $669,900.00. Following the transaction, the director now owns 155,000 shares of the company’s stock, valued at $6,922,300. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Luxembourg International Ho Td acquired 11,074,197 shares of the stock in a transaction on Monday, September 18th. The shares were bought at an average cost of $36.12 per share, for a total transaction of $399,999,995.64. The disclosure for this purchase can be found here. Insiders own 0.42% of the company’s stock.

Several hedge funds have recently bought and sold shares of the company. Janus Henderson Group PLC boosted its holdings in shares of TD Ameritrade Holding Corporation by 26,316.9% during 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 purchasing an additional 20,327,705 shares during the last quarter. Janus Capital Management LLC boosted its holdings in 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 valued at $790,037,000 after acquiring an additional 2,582,698 shares during the last quarter. BlackRock Inc. boosted its holdings in 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 valued at $525,933,000 after acquiring an additional 12,615,921 shares during the last quarter. Vanguard Group Inc. boosted its holdings in 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 valued at $570,291,000 after acquiring an additional 408,837 shares during the last quarter. Finally, FMR LLC boosted its holdings in 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 valued at $450,351,000 after acquiring an additional 5,336,529 shares during the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.

Shares of TD Ameritrade Holding Corporation (NASDAQ AMTD) opened at 48.68 on Thursday. The company has a 50 day moving average price of $43.85 and a 200 day moving average price of $41.09. TD Ameritrade Holding Corporation has a 12-month low of $31.95 and a 12-month high of $49.03. The stock has a market cap of $25.71 billion, a P/E ratio of 30.42 and a beta of 1.48.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last posted its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.44 earnings per share (EPS) 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 business had revenue of $931.00 million for the quarter, compared to analysts’ expectations of $897.98 million. During the same quarter last year, the firm earned $0.45 earnings per share. The business’s revenue was up 11.1% on a year-over-year basis. Analysts anticipate 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 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.

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