TD Ameritrade Holding Corporation (NASDAQ:AMTD) major shareholder Luxembourg International Ho Td bought 11,074,197 shares of TD Ameritrade Holding Corporation stock in a transaction that occurred on Monday, September 18th. The stock was purchased at an average price of $36.12 per share, for a total transaction of $399,999,995.64. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

TD Ameritrade Holding Corporation (AMTD) opened at 46.67 on Friday. The stock has a market capitalization of $24.65 billion, a price-to-earnings ratio of 29.17 and a beta of 1.48. TD Ameritrade Holding Corporation has a 52-week low of $31.95 and a 52-week high of $47.41. The firm has a 50-day moving average price of $43.85 and a 200 day moving average price of $41.09.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last released its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.03. TD Ameritrade Holding Corporation had a net margin of 24.01% and a return on equity of 16.09%. The company had revenue of $931.00 million during the quarter, compared to analysts’ expectations of $897.98 million. During the same period in the prior year, the company earned $0.45 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, equities research analysts predict that TD Ameritrade Holding Corporation will post $1.69 EPS for the current year.

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A number of brokerages recently weighed in on AMTD. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $44.50 target price on shares of TD Ameritrade Holding Corporation in a report on Friday, July 14th. Morgan Stanley reiterated an “equal weight” rating and issued a $43.00 target price (up previously from $40.00) on shares of TD Ameritrade Holding Corporation in a report on Tuesday, July 25th. BidaskClub cut TD Ameritrade Holding Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 18th. Jefferies Group LLC lifted their target price on TD Ameritrade Holding Corporation from $40.00 to $48.00 and gave the company a “hold” rating in a report on Monday, June 19th. Finally, Nomura reduced their target price on TD Ameritrade Holding Corporation from $50.00 to $49.00 and set a “buy” rating on the stock in a report on Thursday, July 13th. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $44.40.

Several institutional investors and hedge funds have recently made changes to their positions in AMTD. Janus Henderson Group PLC raised its position in shares of TD Ameritrade Holding Corporation by 26,316.9% during the second quarter. Janus Henderson Group PLC now owns 20,404,947 shares of the financial services provider’s stock valued at $877,208,000 after buying an additional 20,327,705 shares during the last quarter. BlackRock Inc. raised its position in shares of TD Ameritrade Holding Corporation by 1,374.1% during the first quarter. BlackRock Inc. now owns 13,534,046 shares of the financial services provider’s stock valued at $525,933,000 after buying an additional 12,615,921 shares during the last quarter. RPTC Inc. acquired a new position in shares of TD Ameritrade Holding Corporation during the second quarter valued at about $402,937,000. FMR LLC raised its position in shares of TD Ameritrade Holding Corporation by 103.8% during the second quarter. FMR LLC now owns 10,475,718 shares of the financial services provider’s stock valued at $450,351,000 after buying an additional 5,336,529 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in shares of TD Ameritrade Holding Corporation by 131.9% during the first quarter. Wellington Management Group LLP now owns 7,936,910 shares of the financial services provider’s stock valued at $308,428,000 after buying an additional 4,514,083 shares during the last quarter. 93.52% 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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