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TD Ameritrade Holding Corp. (NASDAQ:AMTD) was upgraded by Raymond James to an “outperform” rating in a research note issued on Monday, AnalystRatingsNetwork reports.

Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded down 2.28% during mid-day trading on Monday, hitting $31.75. 5,045,159 shares of the company’s stock traded hands. TD Ameritrade Holding Corp. has a one year low of $19.12 and a one year high of $35.82. The stock has a 50-day moving average of $32.76 and a 200-day moving average of $30.93. The company has a market cap of $17.494 billion and a price-to-earnings ratio of 23.39.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.01. The company had revenue of $812.00 million for the quarter, compared to the consensus estimate of $799.80 million. During the same quarter last year, the company posted $0.26 earnings per share. TD Ameritrade Holding Corp.’s revenue was up 19.6% compared to the same quarter last year. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.43 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, May 16th. Stockholders of record on Friday, May 2nd will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Wednesday, April 30th.

AMTD has been the subject of a number of other recent research reports. Analysts at UBS AG reiterated a “buy” rating on shares of TD Ameritrade Holding Corp. in a research note on Thursday. They now have a $40.00 price target on the stock. Separately, analysts at Evercore Partners raised their price target on shares of TD Ameritrade Holding Corp. from $30.00 to $34.00 in a research note on Thursday. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $31.71.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).

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