Thomas A. Nally Sells 17,243 Shares of TD Ameritrade Holding Corp. (AMTD) Stock

TD Ameritrade Holding Corp. (NASDAQ:AMTD) EVP Thomas A. Nally sold 17,243 shares of the stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $56.13, for a total value of $967,849.59. Following the transaction, the executive vice president now owns 160,079 shares in the company, valued at $8,985,234.27. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded down $2.99 during midday trading on Thursday, reaching $54.34. The company’s stock had a trading volume of 4,369,822 shares, compared to its average volume of 3,818,905. TD Ameritrade Holding Corp. has a 1-year low of $36.12 and a 1-year high of $58.83. The company has a current ratio of 1.12, a quick ratio of 1.08 and a debt-to-equity ratio of 0.34. The stock has a market cap of $31,990.00, a PE ratio of 30.88, a P/E/G ratio of 0.96 and a beta of 1.50.

TD Ameritrade (NASDAQ:AMTD) last released its quarterly earnings data on Monday, January 22nd. The financial services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.29. TD Ameritrade had a return on equity of 18.27% and a net margin of 23.39%. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.20 billion. equities analysts forecast that TD Ameritrade Holding Corp. will post 3 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Monday, February 5th. TD Ameritrade’s dividend payout ratio (DPR) is currently 47.73%.

Several research firms recently issued reports on AMTD. Barclays raised their price target on TD Ameritrade from $68.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. Deutsche Bank upgraded TD Ameritrade from a “hold” rating to a “buy” rating and raised their price target for the stock from $53.00 to $55.00 in a research report on Monday, November 13th. Bank of America set a $54.00 price target on TD Ameritrade and gave the stock a “hold” rating in a research report on Wednesday, October 25th. SunTrust Banks restated a “buy” rating on shares of TD Ameritrade in a research report on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $51.00 price target on shares of TD Ameritrade in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $57.29.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMTD. Toronto Dominion Bank lifted its holdings in TD Ameritrade by 5.0% in the 3rd quarter. Toronto Dominion Bank now owns 234,004,635 shares of the financial services provider’s stock worth $11,419,426,000 after buying an additional 11,082,105 shares during the period. CI Investments Inc. purchased a new position in shares of TD Ameritrade in the 3rd quarter valued at approximately $72,434,000. Boston Partners lifted its stake in shares of TD Ameritrade by 41.6% in the 4th quarter. Boston Partners now owns 4,156,751 shares of the financial services provider’s stock valued at $212,535,000 after purchasing an additional 1,221,924 shares during the period. AGF Investments Inc. lifted its stake in shares of TD Ameritrade by 40.8% in the 3rd quarter. AGF Investments Inc. now owns 1,647,213 shares of the financial services provider’s stock valued at $80,384,000 after purchasing an additional 476,973 shares during the period. Finally, Janus Henderson Group PLC lifted its stake in shares of TD Ameritrade by 2.3% in the 3rd quarter. Janus Henderson Group PLC now owns 20,878,793 shares of the financial services provider’s stock valued at $1,018,884,000 after purchasing an additional 473,846 shares during the period. Institutional investors and hedge funds own 88.62% of the company’s stock.

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TD Ameritrade 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.

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