Sigma Planning Corp bought a new stake in shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 31,731 shares of the financial services provider’s stock, valued at approximately $1,548,000.

Other hedge funds have also added to or reduced their stakes in the company. Principal Financial Group Inc. raised its holdings in shares of TD Ameritrade Holding Corporation by 71.7% during the first quarter. Principal Financial Group Inc. now owns 79,442 shares of the financial services provider’s stock valued at $3,087,000 after acquiring an additional 33,172 shares during the period. Capstone Asset Management Co. raised its holdings in shares of TD Ameritrade Holding Corporation by 3.0% during the second quarter. Capstone Asset Management Co. now owns 7,307 shares of the financial services provider’s stock valued at $314,000 after acquiring an additional 210 shares during the period. State of Alaska Department of Revenue raised its holdings in shares of TD Ameritrade Holding Corporation by 71.6% during the second quarter. State of Alaska Department of Revenue now owns 11,023 shares of the financial services provider’s stock valued at $473,000 after acquiring an additional 4,600 shares during the period. National Pension Service raised its holdings in shares of TD Ameritrade Holding Corporation by 9.8% during the second quarter. National Pension Service now owns 295,875 shares of the financial services provider’s stock valued at $12,616,000 after acquiring an additional 26,295 shares during the period. Finally, Mn Services Vermogensbeheer B.V. raised its holdings in shares of TD Ameritrade Holding Corporation by 510.4% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 42,822 shares of the financial services provider’s stock valued at $1,841,000 after acquiring an additional 35,807 shares during the period. 94.47% of the stock is owned by institutional investors and hedge funds.

In other news, Director Joseph H. Moglia sold 15,000 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $44.66, for a total transaction of $669,900.00. Following the transaction, the director now owns 155,000 shares in the company, valued at approximately $6,922,300. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Luxembourg International Ho Td purchased 11,074,197 shares of the company’s stock in a transaction dated Monday, September 18th. The shares were acquired at an average price of $36.12 per share, for a total transaction of $399,999,995.64. The disclosure for this purchase can be found here. Corporate insiders own 0.42% of the company’s stock.

TD Ameritrade Holding Corporation (NASDAQ AMTD) traded down $0.08 during trading on Wednesday, reaching $49.64. 1,041,200 shares of the company’s stock traded hands, compared to its average volume of 2,576,855. TD Ameritrade Holding Corporation has a 1 year low of $36.12 and a 1 year high of $51.22. The firm has a market cap of $26,259.58, a price-to-earnings ratio of 28.58, a PEG ratio of 1.67 and a beta of 1.57. The company has a current ratio of 1.13, a quick ratio of 1.16 and a debt-to-equity ratio of 0.35.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last announced its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.03. TD Ameritrade Holding Corporation had a net margin of 23.72% and a return on equity of 15.91%. The company had revenue of $983.00 million for the quarter, compared to analyst estimates of $958.57 million. During the same quarter in the prior year, the business posted $0.35 EPS. TD Ameritrade Holding Corporation’s quarterly revenue was up 18.6% on a year-over-year basis. research analysts expect that TD Ameritrade Holding Corporation will post 2.3 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 21st. Stockholders of record on Tuesday, November 7th will be paid a dividend of $0.21 per share. This is a positive change from TD Ameritrade Holding Corporation’s previous quarterly dividend of $0.18. The ex-dividend date is Monday, November 6th. This represents a $0.84 annualized dividend and a dividend yield of 1.69%. TD Ameritrade Holding Corporation’s dividend payout ratio is 51.22%.

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AMTD has been the topic of a number of recent analyst reports. SunTrust Banks, Inc. restated a “buy” rating and set a $50.00 price target (up previously from $46.00) on shares of TD Ameritrade Holding Corporation in a report on Wednesday, July 19th. Morgan Stanley restated an “equal weight” rating and set a $43.00 price target (up previously from $40.00) on shares of TD Ameritrade Holding Corporation in a report on Tuesday, July 25th. BidaskClub lowered shares of TD Ameritrade Holding Corporation from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Finally, Zacks Investment Research lowered shares of TD Ameritrade Holding Corporation from a “buy” rating to a “hold” rating in a report on Monday, August 14th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $50.14.

About TD Ameritrade Holding Corporation

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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Institutional Ownership by Quarter for TD Ameritrade Holding Corporation (NASDAQ:AMTD)

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