Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its holdings in shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,094 shares of the financial services provider’s stock after acquiring an additional 2,356 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in TD Ameritrade Holding Corporation were worth $2,005,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AMTD. Crow Point Partners LLC acquired a new stake in TD Ameritrade Holding Corporation during the third quarter worth about $102,000. Federated Investors Inc. PA raised its stake in 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 acquiring an additional 198 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in 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 acquiring an additional 1,008 shares during the period. Letko Brosseau & Associates Inc. acquired a new stake in TD Ameritrade Holding Corporation during the second quarter worth about $215,000. Finally, Fox Run Management L.L.C. acquired a new stake in TD Ameritrade Holding Corporation during the third quarter worth about $220,000. Hedge funds and other institutional investors own 92.53% of the company’s stock.

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Several brokerages have commented on AMTD. Zacks Investment Research upgraded shares of TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research note on Wednesday, October 18th. BidaskClub lowered shares of TD Ameritrade Holding Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Morgan Stanley raised their price target on shares of TD Ameritrade Holding Corporation from $47.00 to $50.00 and gave the company an “equal weight” rating in a research note on Monday, October 23rd. Jefferies Group LLC restated a “hold” rating and issued a $46.00 price target on shares of TD Ameritrade Holding Corporation in a research note on Friday, October 6th. Finally, Bank of America Corporation lowered shares of TD Ameritrade Holding Corporation from a “buy” rating to a “neutral” rating and raised their price target for the company from $51.00 to $52.00 in a research note on Monday, October 9th. They noted that the move was a valuation call. Eight analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $50.00.

In related news, Director Joseph H. Moglia sold 15,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director now directly owns 155,000 shares in the company, valued at $6,922,300. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Luxembourg International Ho Td bought 11,074,197 shares of TD Ameritrade Holding Corporation stock in a transaction that occurred on Monday, September 18th. The shares were acquired at an average price of $36.12 per share, with a total value of $399,999,995.64. The disclosure for this purchase can be found here. Company insiders own 0.42% of the company’s stock.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) opened at $48.86 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.13 and a debt-to-equity ratio of 0.35. The stock has a market cap of $25,805.36, a P/E ratio of 28.08, a PEG ratio of 1.65 and a beta of 1.57. TD Ameritrade Holding Corporation has a 1-year low of $35.57 and a 1-year high of $51.22.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last posted its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.03. The business had revenue of $983.00 million during the quarter, compared to analysts’ expectations of $958.57 million. TD Ameritrade Holding Corporation had a net margin of 23.72% and a return on equity of 15.91%. The business’s revenue was up 18.6% on a year-over-year basis. During the same period last year, the firm posted $0.35 earnings per share. analysts anticipate that TD Ameritrade Holding Corporation will post 2.28 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 21st. Investors of record on Tuesday, November 7th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.72%. This is a boost from TD Ameritrade Holding Corporation’s previous quarterly dividend of $0.18. The ex-dividend date is Monday, November 6th. TD Ameritrade Holding Corporation’s dividend payout ratio (DPR) is presently 51.22%.

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.

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

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