BNP Paribas Arbitrage SA lessened its holdings in shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 7.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 47,338 shares of the financial services provider’s stock after selling 3,742 shares during the period. BNP Paribas Arbitrage SA’s holdings in TD Ameritrade Holding Corporation were worth $2,310,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Oregon Public Employees Retirement Fund lifted its stake in shares of TD Ameritrade Holding Corporation by 11.4% during the third quarter. Oregon Public Employees Retirement Fund now owns 34,667 shares of the financial services provider’s stock valued at $1,692,000 after acquiring an additional 3,545 shares during the period. Gamco Investors INC. ET AL acquired a new position in shares of TD Ameritrade Holding Corporation during the third quarter valued at $203,000. State of Wisconsin Investment Board lifted its stake in shares of TD Ameritrade Holding Corporation by 5.3% during the third quarter. State of Wisconsin Investment Board now owns 237,940 shares of the financial services provider’s stock valued at $11,611,000 after acquiring an additional 11,963 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in shares of TD Ameritrade Holding Corporation by 6.1% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 41,094 shares of the financial services provider’s stock valued at $2,005,000 after acquiring an additional 2,356 shares during the period. Finally, BT Investment Management Ltd lifted its stake in shares of TD Ameritrade Holding Corporation by 4.2% during the third quarter. BT Investment Management Ltd now owns 3,591,397 shares of the financial services provider’s stock valued at $175,260,000 after acquiring an additional 143,923 shares during the period. Institutional investors own 94.87% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://www.dailypolitical.com/2017/11/23/td-ameritrade-holding-corporation-amtd-shares-sold-by-bnp-paribas-arbitrage-sa.html.

In other TD Ameritrade Holding Corporation news, 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 bought at an average price of $36.12 per share, with a total value of $399,999,995.64. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph H. Moglia sold 15,000 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was sold at an average price of $44.66, for a total value of $669,900.00. Following the sale, the director now directly owns 155,000 shares in the company, valued at approximately $6,922,300. The disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

TD Ameritrade Holding Corporation (AMTD) opened at $48.99 on Thursday. TD Ameritrade Holding Corporation has a one year low of $36.12 and a one year high of $51.22. The company has a quick ratio of 1.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $27,893.42, a PE ratio of 28.28, a price-to-earnings-growth ratio of 1.65 and a beta of 1.57.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last released its earnings results on Tuesday, October 24th. The financial services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.03. The firm had revenue of $983.00 million for the quarter, compared to analyst estimates of $958.57 million. TD Ameritrade Holding Corporation had a return on equity of 15.91% and a net margin of 23.72%. The company’s quarterly revenue was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.35 earnings per share. equities 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 was paid on Tuesday, November 21st. Stockholders of record on Tuesday, November 7th were given a dividend of $0.21 per share. The ex-dividend date was Monday, November 6th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.71%. This is a positive change from TD Ameritrade Holding Corporation’s previous quarterly dividend of $0.18. TD Ameritrade Holding Corporation’s dividend payout ratio (DPR) is currently 51.22%.

Several equities analysts have recently issued reports on AMTD shares. BidaskClub lowered TD Ameritrade Holding Corporation from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th. Zacks Investment Research lowered TD Ameritrade Holding Corporation from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a $53.00 price target on shares of TD Ameritrade Holding Corporation in a research note on Tuesday, October 3rd. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. TD Ameritrade Holding Corporation presently has a consensus rating of “Buy” and a consensus target price 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.

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

Receive News & Ratings for TD Ameritrade Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TD Ameritrade Holding Corporation and related companies with MarketBeat.com's FREE daily email newsletter.