Condor Capital Management boosted its position in TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 124.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,093 shares of the financial services provider’s stock after purchasing an additional 21,144 shares during the quarter. Condor Capital Management’s holdings in TD Ameritrade Holding Corporation were worth $1,859,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Crow Point Partners LLC bought a new position in TD Ameritrade Holding Corporation in the third quarter worth $102,000. Federated Investors Inc. PA grew its stake in shares of TD Ameritrade Holding Corporation by 5.1% in 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 last quarter. Gamco Investors INC. ET AL purchased a new stake in shares of TD Ameritrade Holding Corporation in the third quarter worth $203,000. Fox Run Management L.L.C. purchased a new stake in shares of TD Ameritrade Holding Corporation in the third quarter worth $220,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of TD Ameritrade Holding Corporation by 27.9% in 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 last quarter. Institutional investors and hedge funds own 94.87% of the company’s stock.

In other TD Ameritrade Holding Corporation news, major shareholder Luxembourg International Ho Td acquired 11,074,197 shares of the company’s stock in a transaction that occurred 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $669,900.00. Following the sale, 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 equities research analysts have recently commented on AMTD shares. BidaskClub cut TD Ameritrade Holding Corporation from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. Zacks Investment Research raised TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research note on Friday, September 1st. SunTrust Banks, Inc. reissued a “buy” rating on shares of TD Ameritrade Holding Corporation in a research note on Wednesday, October 25th. Deutsche Bank AG raised TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating and increased their target price for the stock from $53.00 to $55.00 in a research note on Monday, November 13th. Finally, Morgan Stanley increased their target price on TD Ameritrade Holding Corporation from $43.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 5th. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. TD Ameritrade Holding Corporation currently has a consensus rating of “Buy” and an average target price of $50.14.

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TD Ameritrade Holding Corporation (NASDAQ AMTD) traded down $0.21 during trading on Thursday, hitting $48.99. The company had a trading volume of 1,403,900 shares, compared to its average volume of 2,546,969. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.08 and a quick ratio of 1.16. TD Ameritrade Holding Corporation has a 12 month low of $36.12 and a 12 month high of $51.22. The stock has a market capitalization of $27,893.42, a PE ratio of 28.28, a PEG ratio of 1.65 and a beta of 1.57.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.49 EPS for the quarter, beating the consensus estimate of $0.46 by $0.03. TD Ameritrade Holding Corporation had a return on equity of 15.91% and a net margin of 23.72%. The company had revenue of $983.00 million for the quarter, compared to analysts’ expectations of $958.57 million. During the same period last year, the firm posted $0.35 earnings per share. TD Ameritrade Holding Corporation’s revenue was up 18.6% compared to the same quarter last year. research analysts anticipate that TD Ameritrade Holding Corporation will post 2.3 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 21st. Investors of record on Tuesday, November 7th were given a dividend of $0.21 per share. The ex-dividend date was Monday, November 6th. This is a boost from TD Ameritrade Holding Corporation’s previous quarterly dividend of $0.18. This represents a $0.84 annualized dividend and a dividend yield of 1.71%. TD Ameritrade Holding Corporation’s dividend payout ratio (DPR) is 51.22%.

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.

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

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