TD Ameritrade Holding Corporation (NASDAQ:AMTD) had its target price lifted by Jefferies Group LLC from $40.00 to $48.00 in a research report released on Monday morning, Marketbeat.com reports. They currently have a hold rating on the financial services provider’s stock.

Other equities analysts have also recently issued research reports about the company. SunTrust Banks, Inc. restated a buy rating and set a $46.00 price objective (down previously from $48.00) on shares of TD Ameritrade Holding Corporation in a report on Saturday, April 22nd. Credit Suisse Group restated a buy rating and set a $48.00 price objective on shares of TD Ameritrade Holding Corporation in a report on Thursday, April 13th. Zacks Investment Research upgraded TD Ameritrade Holding Corporation from a sell rating to a hold rating in a report on Tuesday, May 2nd. Buckingham Research upgraded TD Ameritrade Holding Corporation from a neutral rating to a buy rating in a report on Thursday, April 6th. They noted that the move was a valuation call. Finally, Deutsche Bank AG restated a hold rating and set a $39.00 price objective (up previously from $37.00) on shares of TD Ameritrade Holding Corporation in a report on Monday, May 15th. Seven investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. TD Ameritrade Holding Corporation currently has an average rating of Buy and a consensus target price of $42.58.

Shares of TD Ameritrade Holding Corporation (NASDAQ AMTD) traded down 0.44% during mid-day trading on Monday, reaching $40.94. The company’s stock had a trading volume of 574,489 shares. The company has a market cap of $21.62 billion, a PE ratio of 25.43 and a beta of 1.44. TD Ameritrade Holding Corporation has a 52-week low of $26.37 and a 52-week high of $47.41. The company has a 50-day moving average price of $38.50 and a 200 day moving average price of $41.03.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last posted its quarterly earnings data on Wednesday, April 19th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by $0.01. TD Ameritrade Holding Corporation had a net margin of 24.93% and a return on equity of 16.02%. The business had revenue of $904 million for the quarter, compared to analysts’ expectations of $882.25 million. During the same quarter in the previous year, the firm earned $0.38 EPS. TD Ameritrade Holding Corporation’s revenue was up 6.9% compared to the same quarter last year. Equities analysts expect that TD Ameritrade Holding Corporation will post $1.64 earnings per share for the current year.

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In other TD Ameritrade Holding Corporation news, Director Joseph H. Moglia sold 10,000 shares of TD Ameritrade Holding Corporation stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $40.45, for a total transaction of $404,500.00. Following the completion of the sale, the director now directly owns 170,000 shares of the company’s stock, valued at approximately $6,876,500. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.42% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. raised its stake in shares of TD Ameritrade Holding Corporation by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,394 shares of the financial services provider’s stock worth $171,000 after buying an additional 44 shares during the period. Valley National Advisers Inc. raised its stake in shares of TD Ameritrade Holding Corporation by 6.1% in the first quarter. Valley National Advisers Inc. now owns 3,247 shares of the financial services provider’s stock worth $126,000 after buying an additional 188 shares during the period. Pacer Advisors Inc. raised its stake in shares of TD Ameritrade Holding Corporation by 3.3% in the first quarter. Pacer Advisors Inc. now owns 6,061 shares of the financial services provider’s stock worth $236,000 after buying an additional 192 shares during the period. Commerzbank Aktiengesellschaft FI raised its stake in shares of TD Ameritrade Holding Corporation by 2.1% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 11,009 shares of the financial services provider’s stock worth $428,000 after buying an additional 230 shares during the period. Finally, Van ECK Associates Corp raised its stake in shares of TD Ameritrade Holding Corporation by 7.3% in the first quarter. Van ECK Associates Corp now owns 3,613 shares of the financial services provider’s stock worth $140,000 after buying an additional 247 shares during the period. 90.76% of the stock is owned by institutional investors and hedge funds.

TD Ameritrade Holding Corporation Company Profile

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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