AGF Investments Inc. raised its position in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 1.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,040,049 shares of the financial services provider’s stock after purchasing an additional 14,215 shares during the period. AGF Investments Inc.’s holdings in TD Ameritrade were worth $54,946,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in AMTD. Nomura Asset Management Co. Ltd. lifted its stake in shares of TD Ameritrade by 2.7% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 78,933 shares of the financial services provider’s stock worth $4,170,000 after acquiring an additional 2,100 shares during the period. Edgestream Partners L.P. acquired a new stake in shares of TD Ameritrade in the 3rd quarter worth $2,369,000. JPMorgan Chase & Co. lifted its stake in shares of TD Ameritrade by 74.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,219,403 shares of the financial services provider’s stock worth $170,080,000 after acquiring an additional 1,374,810 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of TD Ameritrade by 1.8% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,020,616 shares of the financial services provider’s stock worth $53,919,000 after acquiring an additional 17,685 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of TD Ameritrade by 77.8% in the 3rd quarter. SG Americas Securities LLC now owns 37,237 shares of the financial services provider’s stock worth $1,967,000 after acquiring an additional 16,292 shares during the period. 91.21% of the stock is currently owned by institutional investors.

Shares of NASDAQ AMTD opened at $51.77 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. TD Ameritrade Holding Corp. has a 52 week low of $48.03 and a 52 week high of $63.01. The stock has a market capitalization of $29.80 billion, a P/E ratio of 15.72, a P/E/G ratio of 0.60 and a beta of 1.23.

TD Ameritrade (NASDAQ:AMTD) last announced its quarterly earnings data on Monday, October 22nd. The financial services provider reported $0.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.04. TD Ameritrade had a net margin of 27.02% and a return on equity of 24.54%. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter last year, the business earned $0.49 earnings per share. The business’s revenue for the quarter was up 42.2% compared to the same quarter last year. As a group, research analysts anticipate that TD Ameritrade Holding Corp. will post 3.93 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 20th. Investors of record on Tuesday, November 6th will be paid a $0.30 dividend. This is a boost from TD Ameritrade’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Monday, November 5th. This represents a $1.20 annualized dividend and a dividend yield of 2.32%.

In related news, EVP Peter J. Desilva acquired 5,000 shares of TD Ameritrade stock in a transaction that occurred on Tuesday, August 21st. The stock was purchased at an average price of $56.73 per share, for a total transaction of $283,650.00. Following the completion of the purchase, the executive vice president now directly owns 24,000 shares of the company’s stock, valued at $1,361,520. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 0.44% of the stock is owned by company insiders.

AMTD has been the subject of several recent analyst reports. Bank of America reduced their target price on shares of TD Ameritrade from $67.00 to $63.00 and set a “buy” rating for the company in a research note on Wednesday, September 26th. BidaskClub upgraded shares of TD Ameritrade from a “hold” rating to a “buy” rating in a research note on Thursday, August 30th. Wolfe Research initiated coverage on shares of TD Ameritrade in a research note on Tuesday, September 25th. They issued an “underperform” rating for the company. Keefe, Bruyette & Woods restated a “buy” rating and issued a $68.50 target price on shares of TD Ameritrade in a research note on Tuesday, July 24th. Finally, Barclays reduced their target price on shares of TD Ameritrade from $69.00 to $64.00 and set an “overweight” rating for the company in a research note on Wednesday, October 24th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the company’s stock. TD Ameritrade currently has an average rating of “Buy” and a consensus target price of $63.45.

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TD Ameritrade Profile

TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. Its products and services include tdameritrade.com, a Web platform for self-directed retail investors; Trade Architect, a Web-based platform for investors and traders to identify opportunities and stay informed; thinkorswim, a desktop platform for traders; and TD Ameritrade Mobile, which allows on-the-go investors and traders to trade and monitor accounts.

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

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