California State Teachers Retirement System decreased its position in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 8.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 430,197 shares of the financial services provider’s stock after selling 39,377 shares during the period. California State Teachers Retirement System owned about 0.08% of TD Ameritrade worth $20,994,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio lifted its position in TD Ameritrade by 10.5% during the second quarter. Public Employees Retirement System of Ohio now owns 113,288 shares of the financial services provider’s stock valued at $4,870,000 after buying an additional 10,781 shares during the period. Delta Lloyd Asset Management N.V. purchased a new position in shares of TD Ameritrade in the 2nd quarter worth about $1,459,000. BT Investment Management Ltd raised its position in shares of TD Ameritrade by 4.2% in the 3rd quarter. BT Investment Management Ltd now owns 3,591,397 shares of the financial services provider’s stock worth $175,260,000 after purchasing an additional 143,923 shares during the last quarter. Toronto Dominion Bank raised its position in shares of 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 purchasing an additional 11,082,105 shares during the last quarter. Finally, Personal Capital Advisors Corp raised its position in shares of TD Ameritrade by 0.7% in the 3rd quarter. Personal Capital Advisors Corp now owns 806,815 shares of the financial services provider’s stock worth $39,373,000 after purchasing an additional 5,783 shares during the last quarter. Institutional investors and hedge funds own 88.56% of the company’s stock.
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) remained flat at $$53.72 during trading on Thursday. 1,907,035 shares of the company’s stock were exchanged, compared to its average volume of 2,893,467. The company has a market cap of $30,440.00, a P/E ratio of 32.76, a P/E/G ratio of 1.06 and a beta of 1.57. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.37. TD Ameritrade Holding Corp. has a fifty-two week low of $36.12 and a fifty-two week high of $54.50.
TD Ameritrade (NASDAQ:AMTD) last posted its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. TD Ameritrade had a return on equity of 15.91% and a net margin of 23.72%. The business had revenue of $983.00 million for the quarter, compared to the consensus estimate of $958.57 million. During the same quarter in the prior year, the company earned $0.35 EPS. The business’s revenue was up 18.6% compared to the same quarter last year. equities analysts forecast that TD Ameritrade Holding Corp. will post 2.44 EPS for the current fiscal year.
AMTD has been the subject of several recent analyst reports. Zacks Investment Research raised TD Ameritrade from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research report on Wednesday, October 18th. BidaskClub upgraded TD Ameritrade from a “hold” rating to a “buy” rating in a report on Saturday, September 23rd. SunTrust Banks reiterated a “buy” rating on shares of TD Ameritrade in a report on Wednesday, October 25th. Deutsche Bank upgraded TD Ameritrade from a “hold” rating to a “buy” rating and boosted their price target for the company from $53.00 to $55.00 in a research note on Monday, November 13th. Finally, Morgan Stanley boosted their price target on TD Ameritrade from $43.00 to $47.00 and gave the company an “equal weight” rating in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $52.38.
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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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