TD Ameritrade Holding Corp. (NASDAQ:AMTD) has been given an average rating of “Buy” by the nineteen analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $57.29.

AMTD has been the topic of a number of analyst reports. BidaskClub downgraded shares of TD Ameritrade from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 29th. Zacks Investment Research upgraded shares of TD Ameritrade from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a research report on Tuesday, December 26th. Deutsche Bank upgraded shares of TD Ameritrade from a “hold” rating to a “buy” rating and increased their price target for the company from $53.00 to $55.00 in a research report on Monday, November 13th. SunTrust Banks reiterated a “buy” rating on shares of TD Ameritrade in a research report on Wednesday, October 25th. Finally, Sandler O’Neill restated a “buy” rating and set a $63.00 target price on shares of TD Ameritrade in a report on Tuesday, January 23rd.

In other news, Director Joseph H. Moglia sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $55.28, for a total transaction of $552,800.00. Following the completion of the transaction, the director now directly owns 145,000 shares of the company’s stock, valued at approximately $8,015,600. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas A. Nally sold 17,243 shares of the firm’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $56.13, for a total transaction of $967,849.59. Following the transaction, the executive vice president now directly owns 160,079 shares of the company’s stock, valued at $8,985,234.27. The disclosure for this sale can be found here. 0.44% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. Aperio Group LLC grew its stake in shares of TD Ameritrade by 1.3% during the 3rd quarter. Aperio Group LLC now owns 84,752 shares of the financial services provider’s stock worth $4,136,000 after acquiring an additional 1,087 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of TD Ameritrade by 6.8% in the second quarter. The Manufacturers Life Insurance Company now owns 17,904 shares of the financial services provider’s stock valued at $769,000 after buying an additional 1,133 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of TD Ameritrade by 33.8% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,791 shares of the financial services provider’s stock valued at $234,000 after buying an additional 1,210 shares in the last quarter. ETRADE Capital Management LLC grew its stake in shares of TD Ameritrade by 21.3% in the fourth quarter. ETRADE Capital Management LLC now owns 7,046 shares of the financial services provider’s stock valued at $360,000 after buying an additional 1,235 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado grew its stake in shares of TD Ameritrade by 3.1% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 52,973 shares of the financial services provider’s stock valued at $2,709,000 after buying an additional 1,617 shares in the last quarter. 88.39% of the stock is owned by institutional investors.

Shares of TD Ameritrade (NASDAQ AMTD) traded up $1.07 during trading hours on Friday, hitting $56.45. 2,510,000 shares of the company were exchanged, compared to its average volume of 3,830,000. The firm has a market cap of $32,020.00, a P/E ratio of 32.07, a price-to-earnings-growth ratio of 0.92 and a beta of 1.50. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.35. TD Ameritrade has a 1-year low of $36.12 and a 1-year high of $58.83.

TD Ameritrade (NASDAQ:AMTD) last announced its quarterly earnings results on Monday, January 22nd. The financial services provider reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.29. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.20 billion. TD Ameritrade had a net margin of 23.39% and a return on equity of 18.27%. equities analysts anticipate that TD Ameritrade will post 3 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Stockholders of record on Tuesday, February 6th will be paid a dividend of $0.21 per share. The ex-dividend date is Monday, February 5th. This represents a $0.84 annualized dividend and a dividend yield of 1.49%. TD Ameritrade’s dividend payout ratio is currently 47.73%.

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About TD Ameritrade

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.

Analyst Recommendations for TD Ameritrade (NASDAQ:AMTD)

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