TD Ameritrade Holding Corporation (NASDAQ:AMTD) – Stock analysts at Jefferies Group upped their FY2017 earnings per share (EPS) estimates for TD Ameritrade Holding Corporation in a research report issued on Thursday. Jefferies Group analyst D. Fannon now expects that the financial services provider will post earnings of $1.72 per share for the year, up from their previous estimate of $1.71. Jefferies Group currently has a “Hold” rating and a $46.00 target price on the stock. Jefferies Group also issued estimates for TD Ameritrade Holding Corporation’s Q4 2017 earnings at $0.47 EPS.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last announced its quarterly earnings results on Tuesday, July 18th. The financial services provider reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. TD Ameritrade Holding Corporation had a net margin of 24.01% and a return on equity of 16.09%. The firm had revenue of $931.00 million during the quarter, compared to analysts’ expectations of $897.98 million. During the same period in the prior year, the company earned $0.45 EPS. The firm’s revenue was up 11.1% on a year-over-year basis.

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A number of other research firms also recently weighed in on AMTD. Morgan Stanley raised their price target on shares of TD Ameritrade Holding Corporation from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Thursday. Zacks Investment Research upgraded shares of TD Ameritrade Holding Corporation from a “hold” rating to a “strong-buy” rating and set a $56.00 price target on the stock in a report on Tuesday. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $53.00 price target on shares of TD Ameritrade Holding Corporation in a report on Tuesday. Finally, BidaskClub upgraded shares of TD Ameritrade Holding Corporation from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 30th. Eight equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. TD Ameritrade Holding Corporation presently has a consensus rating of “Buy” and an average price target of $46.07.

Shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) opened at 50.07 on Friday. The company’s 50-day moving average is $45.10 and its 200-day moving average is $41.80. The stock has a market capitalization of $26.44 billion, a PE ratio of 31.29 and a beta of 1.55. TD Ameritrade Holding Corporation has a 12 month low of $33.26 and a 12 month high of $50.33.

In related news, Director Joseph H. Moglia sold 15,000 shares of the firm’s 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 approximately $6,922,300. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Luxembourg International Ho Td bought 11,074,197 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was purchased at an average price of $36.12 per share, for a total transaction of $399,999,995.64. The disclosure for this purchase can be found here. Company insiders own 0.42% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Crow Point Partners LLC acquired a new stake in TD Ameritrade Holding Corporation in the 3rd quarter worth $102,000. Public Employees Retirement System of Ohio grew its position in TD Ameritrade Holding Corporation by 10.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 113,288 shares of the financial services provider’s stock worth $4,870,000 after purchasing an additional 10,781 shares during the last quarter. Bank of Nova Scotia acquired a new stake in TD Ameritrade Holding Corporation in the 2nd quarter worth $2,317,000. The Manufacturers Life Insurance Company grew its position in TD Ameritrade Holding Corporation by 6.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,904 shares of the financial services provider’s stock worth $769,000 after purchasing an additional 1,133 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in TD Ameritrade Holding Corporation in the 2nd quarter worth $413,000. Institutional investors own 93.54% of the company’s stock.

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.

Earnings History and Estimates for TD Ameritrade Holding Corporation (NASDAQ:AMTD)

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