TD Ameritrade Holding Corporation (NASDAQ: AMTD) has recently received a number of price target changes and ratings updates:

  • 10/3/2017 – TD Ameritrade Holding Corporation had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a $53.00 price target on the stock.
  • 10/3/2017 – TD Ameritrade Holding Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $56.00 price target on the stock. According to Zacks, “Shares of TD Ameritrade have outperformed the industry in the past year. Yet, the company’s earnings surprise history is not that impressive. It surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters. We remain cautious of the elevated costs, which are likely to weigh on the financials. However, the company recorded a rise in average client trades per day in the fiscal third quarter with the trend continuing in the first two months of the current quarter. Further, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double digits. Also, TD Ameritrade’s steady capital deployment activities and revenue growth are encouraging.”
  • 9/30/2017 – TD Ameritrade Holding Corporation was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 9/23/2017 – TD Ameritrade Holding Corporation was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 9/15/2017 – TD Ameritrade Holding Corporation was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/12/2017 – TD Ameritrade Holding Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $49.00 price target on the stock. According to Zacks, “Shares of TD Ameritrade have outperformed the industry in the past year. Yet, the company’s earnings surprise history is not that impressive. It surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters. We remain cautious of the elevated costs, which are likely to weigh on the financials. However, the company recorded a rise in average client trades per day in the fiscal third quarter with the trend continuing in the first month of the current quarter, indicating trading activity improvement. Further, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double digits. Also, TD Ameritrade’s steady capital deployment activities and revenue growth are encouraging. Moreover, easing margin pressure is another tailwind.”
  • 9/11/2017 – TD Ameritrade Holding Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of TD Ameritrade have outperformed the industry in the past year. Yet, the company’s earnings surprise history is not that impressive. It surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters. We remain cautious of the elevated costs, which are likely to weigh on the financials. However, the company recorded a rise in average client trades per day in the fiscal third quarter with the trend continuing in the first month of the current quarter, indicating trading activity improvement. Further, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double digits. Also, TD Ameritrade’s steady capital deployment activities and revenue growth are encouraging. Moreover, easing margin pressure is another tailwind.”
  • 9/1/2017 – TD Ameritrade Holding Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $48.00 price target on the stock. According to Zacks, “Shares of TD Ameritrade have outperformed the industry in the past year. Yet, the company’s earnings surprise history is not that impressive. It surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters. We remain cautious of the elevated costs, which are likely to weigh on the financials. However, the company recorded a rise in average client trades per day in the fiscal third quarter with the trend continuing in the first month of the current quarter, indicating trading activity improvement. Further, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double digits. Also, TD Ameritrade’s steady capital deployment activities and revenue growth are encouraging. Moreover, easing margin pressure is another tailwind.”
  • 8/31/2017 – TD Ameritrade Holding Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of TD Ameritrade have outperformed the industry in the past year. Yet, the company’s earnings surprise history is not that impressive. It surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters. We remain cautious of the elevated costs, which are likely to weigh on the financials. However, the company recorded a rise in average client trades per day in the fiscal third quarter with the trend continuing in the first month of the current quarter, indicating trading activity improvement. Further, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double digits. Also, TD Ameritrade’s steady capital deployment activities are encouraging.”
  • 8/18/2017 – TD Ameritrade Holding Corporation was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/14/2017 – TD Ameritrade Holding Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “TD Ameritrade has outperformed the industry in the past year. The company’s third-quarter fiscal 2017 results surpassed the Zacks Consensus Estimate. Results reflected increased revenues and eased margin pressure.  The company recorded a rise in average client trades per day in the fiscal third quarter with the trend continuing in the first month of the current quarter, indicating trading activity improvement. Further, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double digits. Though we remain cautious of the elevated costs, which are likely to weigh on the financials, TD Ameritrade’s steady capital deployment activities are encouraging.”
  • 8/4/2017 – TD Ameritrade Holding Corporation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

Shares of TD Ameritrade Holding Corporation (NASDAQ AMTD) traded up 1.08% on Tuesday, hitting $49.58. 1,376,402 shares of the stock were exchanged. The company has a 50-day moving average price of $44.59 and a 200 day moving average price of $41.62. The company has a market cap of $26.19 billion, a PE ratio of 30.99 and a beta of 1.55. TD Ameritrade Holding Corporation has a 12 month low of $33.26 and a 12 month high of $49.59.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last issued its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. TD Ameritrade Holding Corporation had a return on equity of 16.09% and a net margin of 24.01%. The firm had revenue of $931.00 million for the quarter, compared to analysts’ expectations of $897.98 million. During the same period in the previous year, the firm posted $0.45 EPS. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. Equities analysts forecast that TD Ameritrade Holding Corporation will post $1.69 EPS for the current fiscal year.

In other news, major shareholder Luxembourg International Ho Td purchased 11,074,197 shares of the stock in a transaction dated Monday, September 18th. The shares were purchased at an average cost of $36.12 per share, with a total value of $399,999,995.64. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 value of $669,900.00. Following the transaction, the director now directly owns 155,000 shares in the company, valued at $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 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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