TD Ameritrade Holding Corporation (AMTD) Holdings Cut by Columbia Partners L L C Investment Management

Columbia Partners L L C Investment Management lowered its stake in shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 17.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,322 shares of the financial services provider’s stock after selling 15,696 shares during the period. Columbia Partners L L C Investment Management’s holdings in TD Ameritrade Holding Corporation were worth $3,578,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Toronto Dominion Bank boosted its holdings in TD Ameritrade Holding Corporation by 5.0% during the third 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 last quarter. Janus Henderson Group PLC boosted its holdings in TD Ameritrade Holding Corporation by 26,316.9% during the second quarter. Janus Henderson Group PLC now owns 20,404,947 shares of the financial services provider’s stock worth $877,208,000 after buying an additional 20,327,705 shares during the last quarter. Vanguard Group Inc. boosted its holdings in TD Ameritrade Holding Corporation by 3.2% during the second quarter. Vanguard Group Inc. now owns 13,265,664 shares of the financial services provider’s stock worth $570,291,000 after buying an additional 408,837 shares during the last quarter. FMR LLC boosted its holdings in TD Ameritrade Holding Corporation by 103.8% during the second quarter. FMR LLC now owns 10,475,718 shares of the financial services provider’s stock worth $450,351,000 after buying an additional 5,336,529 shares during the last quarter. Finally, RPTC Inc. bought a new position in TD Ameritrade Holding Corporation during the second quarter worth about $402,937,000. Hedge funds and other institutional investors own 94.47% of the company’s stock.

In other news, Director Joseph H. Moglia sold 15,000 shares of TD Ameritrade Holding Corporation stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $44.66, for a total transaction of $669,900.00. Following the completion of the transaction, the director now directly owns 155,000 shares in the company, valued at approximately $6,922,300. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Luxembourg International Ho Td bought 11,074,197 shares of TD Ameritrade Holding Corporation stock in a transaction dated Monday, September 18th. The shares were acquired at an average price of $36.12 per share, with a total value of $399,999,995.64. The disclosure for this purchase can be found here. 0.42% of the stock is owned by company insiders.

A number of brokerages have issued reports on AMTD. Deutsche Bank AG upgraded TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating and raised their target price for the stock from $53.00 to $55.00 in a report on Monday. Citigroup Inc. reaffirmed a “neutral” rating and set a $50.00 price target on shares of TD Ameritrade Holding Corporation in a research report on Tuesday, October 10th. BidaskClub raised TD Ameritrade Holding Corporation from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 30th. Zacks Investment Research lowered TD Ameritrade Holding Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. Finally, The Goldman Sachs Group, Inc. reaffirmed a “neutral” rating and set a $53.00 price target on shares of TD Ameritrade Holding Corporation in a research report on Tuesday, October 3rd. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. TD Ameritrade Holding Corporation presently has an average rating of “Buy” and an average price target of $50.14.

TD Ameritrade Holding Corporation (NASDAQ AMTD) traded down $0.01 during mid-day trading on Friday, reaching $49.09. The company’s stock had a trading volume of 1,278,500 shares, compared to its average volume of 2,567,016. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.16 and a current ratio of 1.13. The company has a market capitalization of $25,850.00, a P/E ratio of 28.22, a price-to-earnings-growth ratio of 1.64 and a beta of 1.57. TD Ameritrade Holding Corporation has a 12-month low of $36.12 and a 12-month high of $51.22.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last posted its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.03. The firm had revenue of $983.00 million during the quarter, compared to the consensus estimate of $958.57 million. TD Ameritrade Holding Corporation had a return on equity of 15.91% and a net margin of 23.72%. The business’s revenue was up 18.6% compared to the same quarter last year. During the same period last year, the company earned $0.35 earnings per share. equities analysts forecast that TD Ameritrade Holding Corporation will post 2.3 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 21st. Shareholders of record on Tuesday, November 7th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.71%. This is an increase from TD Ameritrade Holding Corporation’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Monday, November 6th. TD Ameritrade Holding Corporation’s dividend payout ratio (DPR) is currently 51.22%.

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TD Ameritrade Holding Corporation 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.

Institutional Ownership by Quarter for TD Ameritrade Holding Corporation (NASDAQ:AMTD)

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