TD Ameritrade Holding Corp. (NASDAQ:AMTD)‘s stock had its “hold” rating restated by investment analysts at Deutsche Bank AG in a research note issued on Monday. They currently have a $39.00 price target on the financial services provider’s stock, up from their prior price target of $37.00. Deutsche Bank AG’s price objective indicates a potential upside of 4.56% from the company’s current price.

A number of other equities analysts have also issued reports on AMTD. Wells Fargo & Co raised TD Ameritrade Holding Corp. from a “market perform” rating to an “outperform” rating in a research report on Monday. SunTrust Banks, Inc. reissued a “buy” rating and set a $50.00 price target on shares of TD Ameritrade Holding Corp. in a research report on Tuesday, February 28th. Buckingham Research raised TD Ameritrade Holding Corp. from a “neutral” rating to a “buy” rating in a research report on Thursday, April 6th. They noted that the move was a valuation call. Jefferies Group LLC reissued a “hold” rating and set a $41.00 price target on shares of TD Ameritrade Holding Corp. in a research report on Wednesday, March 1st. Finally, Zacks Investment Research raised TD Ameritrade Holding Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $41.83.

Analyst Recommendations for TD Ameritrade Holding Corp. (NASDAQ:AMTD)

TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded up 1.42% on Monday, hitting $37.83. 1,549,975 shares of the stock traded hands. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 23.50 and a beta of 1.63. The firm’s 50-day moving average price is $38.27 and its 200-day moving average price is $40.72. TD Ameritrade Holding Corp. has a 12-month low of $26.37 and a 12-month high of $47.41.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last announced its earnings results on Wednesday, April 19th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by $0.01. TD Ameritrade Holding Corp. had a net margin of 25.09% and a return on equity of 16.21%. The business had revenue of $904 million during the quarter, compared to analyst estimates of $882.25 million. During the same period in the previous year, the company earned $0.38 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, equities research analysts anticipate that TD Ameritrade Holding Corp. will post $1.64 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 16th. Shareholders of record on Tuesday, May 2nd will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.93%. The ex-dividend date is Friday, April 28th. TD Ameritrade Holding Corp.’s dividend payout ratio is presently 45.28%.

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In other TD Ameritrade Holding Corp. news, Director Joseph H. Moglia sold 20,000 shares of the stock in a transaction on Wednesday, March 15th. The stock was sold at an average price of $39.18, for a total value of $783,600.00. Following the sale, the director now directly owns 190,000 shares of the company’s stock, valued at $7,444,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.42% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of AMTD. Toronto Dominion Bank raised its stake in shares of TD Ameritrade Holding Corp. by 15,143,973.2% in the second quarter. Toronto Dominion Bank now owns 222,920,758 shares of the financial services provider’s stock valued at $6,348,783,000 after buying an additional 222,919,286 shares in the last quarter. BlackRock Inc. raised its stake in shares of TD Ameritrade Holding Corp. by 1,374.1% in 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 in the last quarter. Wellington Management Group LLP raised its stake in shares of TD Ameritrade Holding Corp. by 131.9% in 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 in the last quarter. FMR LLC raised its stake in shares of TD Ameritrade Holding Corp. by 719.4% in the first quarter. FMR LLC now owns 5,139,189 shares of the financial services provider’s stock valued at $199,709,000 after buying an additional 4,511,989 shares in the last quarter. Finally, Janus Capital Management LLC raised its stake in shares of TD Ameritrade Holding Corp. by 28.2% in the fourth quarter. Janus Capital Management LLC now owns 17,747,788 shares of the financial services provider’s stock valued at $773,836,000 after buying an additional 3,907,539 shares in the last quarter. 88.69% of the stock is currently owned by hedge funds and other institutional investors.

TD Ameritrade Holding Corp. 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.

5 Day Chart for NASDAQ:AMTD

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