Dimensional Fund Advisors LP raised its position in shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 0.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,329,181 shares of the financial services provider’s stock after buying an additional 10,136 shares during the period. Dimensional Fund Advisors LP owned about 0.25% of TD Ameritrade Holding Corporation worth $57,140,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global X Management Co. LLC increased its holdings in shares of TD Ameritrade Holding Corporation by 37.9% during 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. Federated Investors Inc. PA increased its holdings in shares of TD Ameritrade Holding Corporation by 5.1% during 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. Northwestern Mutual Wealth Management Co. increased its holdings in shares of TD Ameritrade Holding Corporation by 27.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,620 shares of the financial services provider’s stock worth $199,000 after buying an additional 1,008 shares in the last quarter. Letko Brosseau & Associates Inc. acquired a new stake in shares of TD Ameritrade Holding Corporation during the second quarter worth approximately $215,000. Finally, Achmea Investment Management B.V. acquired a new stake in shares of TD Ameritrade Holding Corporation during the first quarter worth approximately $217,000. 93.53% of the stock is owned by institutional investors.

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A number of analysts recently weighed in on AMTD shares. Jefferies Group LLC reissued a “hold” rating and issued a $46.00 price target on shares of TD Ameritrade Holding Corporation in a report on Friday, October 6th. Morgan Stanley raised their price target on shares of TD Ameritrade Holding Corporation from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Thursday, October 5th. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $53.00 price target on shares of TD Ameritrade Holding Corporation in a report on Tuesday, October 3rd. Zacks Investment Research raised shares of TD Ameritrade Holding Corporation from a “hold” rating to a “strong-buy” rating and set a $56.00 price target for the company in a report on Tuesday, October 3rd. Finally, BidaskClub raised shares of TD Ameritrade Holding Corporation from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 30th. Eight investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. TD Ameritrade Holding Corporation presently has a consensus rating of “Buy” and an average target price of $48.79.

TD Ameritrade Holding Corporation (NASDAQ AMTD) opened at 47.77 on Tuesday. The stock’s 50 day moving average is $46.09 and its 200-day moving average is $42.29. TD Ameritrade Holding Corporation has a 12 month low of $33.26 and a 12 month high of $50.72. The company has a market capitalization of $25.23 billion, a PE ratio of 29.86 and a beta of 1.55.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last posted its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.44 EPS for the quarter, beating the Zacks’ 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 company had revenue of $931.00 million for the quarter, compared to analyst estimates of $897.98 million. During the same period in the prior year, the firm posted $0.45 EPS. The company’s quarterly revenue was up 11.1% on a year-over-year basis. On average, analysts expect that TD Ameritrade Holding Corporation will post $1.70 EPS for the current year.

In related news, Director Joseph H. Moglia sold 15,000 shares of the stock in a transaction on Thursday, September 14th. The shares were 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 of the company’s stock, valued at $6,922,300. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Luxembourg International Ho Td bought 11,074,197 shares of the business’s stock in a transaction that occurred 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. Corporate insiders own 0.42% of the company’s stock.

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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