Shares of E-Trade Financial Corp. (NASDAQ:ETFC) saw an uptick in trading volume on Monday . 1,748,244 shares traded hands during trading, a decline of 12% from the previous session’s volume of 1,979,667 shares.The stock last traded at $26.45 and had previously closed at $26.05.

A number of research firms have commented on ETFC. Deutsche Bank AG restated a “buy” rating on shares of E-Trade Financial Corp. in a research report on Sunday, July 10th. Nomura restated a “buy” rating on shares of E-Trade Financial Corp. in a research report on Monday, July 11th. Compass Point dropped their price target on shares of E-Trade Financial Corp. from $31.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, July 22nd. Jefferies Group dropped their target price on shares of E-Trade Financial Corp. from $27.00 to $25.50 and set a “hold” rating on the stock in a report on Thursday, July 7th. Finally, Barclays PLC set a $30.00 target price on shares of E-Trade Financial Corp. and gave the stock a “buy” rating in a report on Tuesday, August 9th. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. E-Trade Financial Corp. presently has an average rating of “Buy” and a consensus price target of $30.59.

The company’s 50-day moving average price is $25.20 and its 200 day moving average price is $24.93. The company has a market cap of $7.24 billion and a PE ratio of 34.26.

E-Trade Financial Corp. (NASDAQ:ETFC) last announced its earnings results on Thursday, July 21st. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.38 by $0.10. The company had revenue of $474 million for the quarter, compared to analyst estimates of $472.50 million. On average, analysts anticipate that E-Trade Financial Corp. will post $1.69 EPS for the current fiscal year.

A number of hedge funds recently made changes to their positions in ETFC. Principal Financial Group Inc. increased its stake in shares of E-Trade Financial Corp. by 3.0% in the fourth quarter. Principal Financial Group Inc. now owns 417,794 shares of the company’s stock valued at $12,384,000 after buying an additional 11,999 shares during the period. BlackRock Advisors LLC increased its stake in shares of E-Trade Financial Corp. by 5.5% in the fourth quarter. BlackRock Advisors LLC now owns 814,796 shares of the company’s stock valued at $24,151,000 after buying an additional 42,155 shares during the period. Morgan Stanley increased its stake in shares of E-Trade Financial Corp. by 71.7% in the fourth quarter. Morgan Stanley now owns 587,367 shares of the company’s stock valued at $17,410,000 after buying an additional 245,360 shares during the period. Finally, State of Tennessee Treasury Department increased its stake in shares of E-Trade Financial Corp. by 225.7% in the fourth quarter. State of Tennessee Treasury Department now owns 407,417 shares of the company’s stock valued at $12,075,000 after buying an additional 282,317 shares during the period.

E*Trade Financial Corporation is a financial services company. The Company provides brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial. The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors.

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