TD Ameritrade Holding Corp. (NASDAQ:AMTD)’s share price gapped up prior to trading 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 changing hands.

Several research firms recently issued reports on AMTD. Bank of America Corp. restated a “neutral” rating and set a $32.00 target price (up previously from $29.00) on shares of TD Ameritrade Holding Corp. in a report on Sunday, July 24th. Citigroup Inc. raised their target price on TD Ameritrade Holding Corp. from $28.00 to $31.50 and gave the stock a “neutral” rating in a report on Wednesday, July 20th. Deutsche Bank AG cut TD Ameritrade Holding Corp. from a “buy” rating to a “hold” rating and set a $31.00 target price on the stock. in a report on Wednesday, July 20th. Nomura restated a “hold” rating on shares of TD Ameritrade Holding Corp. in a report on Tuesday, July 12th. Finally, Jefferies Group reduced their target price on TD Ameritrade Holding Corp. from $32.00 to $30.00 and set a “hold” rating on the stock in a report on Thursday, July 7th. Thirteen research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $35.16.

The stock has a market cap of $16.59 billion and a price-to-earnings ratio of 19.24. The stock’s 50 day moving average price is $29.24 and its 200 day moving average price is $29.76.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last issued its earnings results on Tuesday, July 19th. The company reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. The firm earned $838 million during the quarter, compared to analyst estimates of $829.63 million. On average, equities research analysts expect that TD Ameritrade Holding Corp. will post $1.60 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 18th. Shareholders of record on Thursday, August 4th will be issued a $0.17 dividend. The ex-dividend date is Tuesday, August 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 2.17%.

In other TD Ameritrade Holding Corp. news, CEO Fredric J. Tomczyk sold 10,000 shares of the company’s stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $31.28, for a total value of $312,800.00. Following the completion of the transaction, the chief executive officer now owns 757,710 shares of the company’s stock, valued at approximately $23,701,168.80. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Fredric J. Tomczyk sold 40,000 shares of the company’s stock in a transaction dated Thursday, June 2nd. The stock was sold at an average price of $32.63, for a total value of $1,305,200.00. Following the completion of the transaction, 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 recently modified their holdings of the stock. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted 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 last quarter. State of Tennessee Treasury Department bought a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter valued at $1,972,000. Vanguard Group Inc. boosted 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 last quarter. Finally, Trexquant Investment LP bought a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter valued at $3,627,000.

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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