TD Ameritrade Holding Corporation (AMTD) Shares Bought by BlackRock Fund Advisors

BlackRock Fund Advisors raised its stake in TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 4.1% during the third quarter, according to its most recent filing with the SEC. The fund owned 2,862,297 shares of the company’s stock after buying an additional 112,819 shares during the period. BlackRock Fund Advisors owned 0.54% of TD Ameritrade Holding Corporation worth $100,867,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AMTD. BlackRock Inc. raised its stake in shares of TD Ameritrade Holding Corporation by 106.9% in the third quarter. BlackRock Inc. now owns 980,320 shares of the company’s stock worth $34,548,000 after buying an additional 506,494 shares in the last quarter. BlackRock Japan Co. Ltd raised its stake in shares of TD Ameritrade Holding Corporation by 54.4% in the third quarter. BlackRock Japan Co. Ltd now owns 555,854 shares of the company’s stock worth $19,588,000 after buying an additional 195,950 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of TD Ameritrade Holding Corporation by 1,194.0% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 4,335 shares of the company’s stock worth $153,000 after buying an additional 4,000 shares in the last quarter. United Asset Strategies Inc. raised its stake in shares of TD Ameritrade Holding Corporation by 60.0% in the third quarter. United Asset Strategies Inc. now owns 61,757 shares of the company’s stock worth $2,176,000 after buying an additional 23,151 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of TD Ameritrade Holding Corporation by 0.7% in the third quarter. Sei Investments Co. now owns 47,459 shares of the company’s stock worth $1,673,000 after buying an additional 332 shares in the last quarter. 89.23% of the stock is currently owned by institutional investors.

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

Shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) opened at 46.55 on Tuesday. TD Ameritrade Holding Corporation has a 12 month low of $24.88 and a 12 month high of $47.01. The firm’s 50-day moving average is $42.95 and its 200 day moving average is $34.90. The stock has a market cap of $24.49 billion, a PE ratio of 29.46 and a beta of 1.60.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last issued its quarterly earnings results on Monday, October 24th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.03. TD Ameritrade Holding Corporation had a net margin of 25.32% and a return on equity of 16.31%. The firm had revenue of $829 million for the quarter, compared to analysts’ expectations of $838.27 million. During the same period in the prior year, the firm earned $0.40 EPS. TD Ameritrade Holding Corporation’s revenue for the quarter was down .2% compared to the same quarter last year. On average, equities analysts predict that TD Ameritrade Holding Corporation will post $1.70 EPS for the current year.

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A number of analysts have weighed in on the stock. Sandler O’Neill restated a “buy” rating on shares of TD Ameritrade Holding Corporation in a research report on Tuesday, December 13th. Nomura upgraded shares of TD Ameritrade Holding Corporation from a “neutral” rating to a “buy” rating in a report on Thursday, January 5th. Keefe, Bruyette & Woods began coverage on shares of TD Ameritrade Holding Corporation in a report on Thursday, December 8th. They set a “market perform” rating and a $45.00 price target on the stock. lifted their price target on shares of TD Ameritrade Holding Corporation from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, September 22nd. Finally, Instinet upgraded shares of TD Ameritrade Holding Corporation from a “neutral” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Friday. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. TD Ameritrade Holding Corporation currently has a consensus rating of “Hold” and a consensus price target of $39.16.

In related news, Director Brian M. Levitt acquired 5,000 shares of TD Ameritrade Holding Corporation stock in a transaction dated Wednesday, October 26th. The shares were purchased at an average price of $33.87 per share, for a total transaction of $169,350.00. Following the completion of the transaction, the director now directly owns 6,509 shares in the company, valued at approximately $220,459.83. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.42% 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.

5 Day Chart for NASDAQ:AMTD

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