TD Ameritrade Holding Corporation (NASDAQ:AMTD) – Equities research analysts at Jefferies Group issued their Q1 2018 earnings estimates for TD Ameritrade Holding Corporation in a report released on Thursday. Jefferies Group analyst D. Fannon expects that the financial services provider will post earnings per share of $0.46 for the quarter. Jefferies Group has a “Hold” rating and a $46.00 price target on the stock. Jefferies Group also issued estimates for TD Ameritrade Holding Corporation’s Q2 2018 earnings at $0.49 EPS, Q3 2018 earnings at $0.56 EPS, Q4 2018 earnings at $0.62 EPS, FY2018 earnings at $2.13 EPS and FY2019 earnings at $2.78 EPS.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last released its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 business had revenue of $931.00 million for the quarter, compared to analyst estimates of $897.98 million. During the same period in the previous year, the company earned $0.45 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis.

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AMTD has been the topic of a number of other reports. BidaskClub raised shares of TD Ameritrade Holding Corporation from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 29th. Zacks Investment Research raised shares of TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research report on Wednesday, July 12th. Rosenblatt Securities assumed coverage on shares of TD Ameritrade Holding Corporation in a research report on Thursday, July 13th. They issued a “buy” rating and a $50.00 target price on the stock. Nomura dropped their target price on shares of TD Ameritrade Holding Corporation from $50.00 to $49.00 and set a “buy” rating on the stock in a research report on Thursday, July 13th. Finally, Instinet reaffirmed a “buy” rating and issued a $49.00 target price (down from $50.00) on shares of TD Ameritrade Holding Corporation in a research report on Thursday, July 13th. Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. TD Ameritrade Holding Corporation presently has a consensus rating of “Buy” and an average target price of $46.07.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) opened at 48.32 on Monday. TD Ameritrade Holding Corporation has a 12-month low of $33.26 and a 12-month high of $50.72. The firm has a 50-day moving average of $45.27 and a 200 day moving average of $41.86. The stock has a market capitalization of $25.52 billion, a price-to-earnings ratio of 30.20 and a beta of 1.55.

In other TD Ameritrade Holding Corporation news, 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, with a total value of $399,999,995.64. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Joseph H. Moglia sold 15,000 shares of the firm’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 directly owns 155,000 shares in the company, valued at $6,922,300. The disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

A number of institutional investors have recently modified their holdings of the business. Crow Point Partners LLC purchased a new position in TD Ameritrade Holding Corporation during the 3rd quarter worth $102,000. Public Employees Retirement System of Ohio grew its position in TD Ameritrade Holding Corporation by 10.5% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 113,288 shares of the financial services provider’s stock worth $4,870,000 after purchasing an additional 10,781 shares during the last quarter. Bank of Nova Scotia purchased a new position in TD Ameritrade Holding Corporation during the 2nd quarter worth $2,317,000. The Manufacturers Life Insurance Company grew its position in TD Ameritrade Holding Corporation by 6.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,904 shares of the financial services provider’s stock worth $769,000 after purchasing an additional 1,133 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in TD Ameritrade Holding Corporation during the 2nd quarter worth $413,000. 93.54% of the stock is currently owned by institutional investors.

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.

Earnings History and Estimates for TD Ameritrade Holding Corporation (NASDAQ:AMTD)

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