Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) gapped up before the market opened on Friday . The stock had previously closed at $29.89, but opened at $30.18. TD Ameritrade Holding Corp. shares last traded at $31.31, with a volume of 1,166,481 shares.

A number of brokerages have commented on AMTD. Zacks Investment Research raised TD Ameritrade Holding Corp. from a “sell” rating to a “hold” rating in a report on Friday, April 8th. Jefferies Group boosted their price objective on TD Ameritrade Holding Corp. to $35.00 and gave the stock a “hold” rating in a report on Thursday, April 7th. Deutsche Bank AG decreased their price objective on TD Ameritrade Holding Corp. from $35.00 to $34.00 and set a “buy” rating for the company in a report on Thursday, June 16th. Piper Jaffray Cos. boosted their price objective on TD Ameritrade Holding Corp. from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Wednesday, April 20th. Finally, Goldman Sachs Group Inc. reduced their target price on TD Ameritrade Holding Corp. from $35.00 to $34.00 and set a “neutral” rating for the company in a report on Tuesday, April 19th. Thirteen equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $35.16.

The stock has a 50 day moving average of $29.24 and a 200-day moving average of $29.76. The company has a market cap of $16.59 billion and a PE ratio of 19.24.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last announced its quarterly earnings results on Tuesday, July 19th. The company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.07. The firm had revenue of $838 million for the quarter, compared to the consensus estimate of $829.63 million. Analysts forecast that TD Ameritrade Holding Corp. will post $1.60 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 18th. Investors of record on Thursday, August 4th will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Tuesday, August 2nd.

In related news, CEO Fredric J. Tomczyk sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, June 3rd. The shares were sold at an average price of $31.28, for a total transaction of $312,800.00. Following the completion of the sale, the chief executive officer now owns 757,710 shares of the company’s stock, valued at $23,701,168.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Fredric J. Tomczyk sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $32.63, for a total transaction of $1,305,200.00. Following the sale, the chief executive officer now directly owns 787,710 shares of the company’s stock, valued at approximately $25,702,977.30. The disclosure for this sale can be found here.

Several large investors have recently made changes to their positions in AMTD. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of TD Ameritrade Holding Corp. by 6.0% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 39,219 shares of the company’s stock valued at $1,361,000 after buying an additional 2,236 shares during the period. State of Tennessee Treasury Department purchased a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter valued at $1,972,000. Trexquant Investment LP purchased a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter valued at $3,627,000. Mizuho Trust & Banking Co. Ltd. increased its stake in shares of TD Ameritrade Holding Corp. by 5.7% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 411,567 shares of the company’s stock valued at $14,471,000 after buying an additional 22,326 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of TD Ameritrade Holding Corp. by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 10,680,437 shares of the company’s stock valued at $370,718,000 after buying an additional 177,165 shares during the period.

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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