Baltimore Washington Financial Advisors Inc. purchased a new position in shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 141,349 shares of the financial services provider’s stock, valued at approximately $7,227,000.

Other large investors have also modified their holdings of the company. Crow Point Partners LLC bought a new stake in TD Ameritrade during the 3rd quarter worth about $102,000. Federated Investors Inc. PA lifted its position in TD Ameritrade by 5.1% during the 2nd quarter. Federated Investors Inc. PA now owns 4,054 shares of the financial services provider’s stock worth $174,000 after buying an additional 198 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in TD Ameritrade during the 3rd quarter worth about $203,000. Fox Run Management L.L.C. bought a new stake in TD Ameritrade during the 3rd quarter worth about $220,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in TD Ameritrade by 27.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,620 shares of the financial services provider’s stock worth $199,000 after buying an additional 1,008 shares in the last quarter. 88.52% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on AMTD shares. BidaskClub upgraded shares of TD Ameritrade from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 11th. Credit Suisse Group started coverage on shares of TD Ameritrade in a research note on Thursday, November 30th. They set an “underperform” rating and a $45.00 price objective on the stock. Zacks Investment Research lowered shares of TD Ameritrade from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Morgan Stanley boosted their price objective on shares of TD Ameritrade from $47.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Monday, October 23rd. Finally, Jefferies Group restated a “hold” rating and set a $46.00 price objective on shares of TD Ameritrade in a research note on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. TD Ameritrade currently has a consensus rating of “Buy” and a consensus target price of $52.81.

Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded up $0.76 on Tuesday, reaching $54.50. 1,835,200 shares of the company were exchanged, compared to its average volume of 2,775,956. TD Ameritrade Holding Corp. has a twelve month low of $36.12 and a twelve month high of $54.59. The firm has a market cap of $31,020.00, a price-to-earnings ratio of 33.23, a P/E/G ratio of 1.04 and a beta of 1.57. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.08 and a current ratio of 1.08.

TD Ameritrade (NASDAQ:AMTD) last announced its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.49 EPS for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.03. TD Ameritrade had a net margin of 23.72% and a return on equity of 15.91%. The business 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 earned $0.35 EPS. TD Ameritrade’s quarterly revenue was up 18.6% on a year-over-year basis. analysts anticipate that TD Ameritrade Holding Corp. will post 2.61 earnings per share for the current year.

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About TD Ameritrade

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 (NASDAQ:AMTD)

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