November 30, 2016 - By Winifred Garcia · 0 Comments
TD Ameritrade Holding Corp (NASDAQ:AMTD) institutional sentiment increased to 1.13 in 2016 Q2. Its up 0.04, from 1.09 in 2016Q1. The ratio is more positive, as 119 investment professionals increased or opened new equity positions, while 109 sold and trimmed stakes in TD Ameritrade Holding Corp. The investment professionals in our partner’s database now have: 471.08 million shares, up from 252.20 million shares in 2016Q1. Also, the number of investment professionals holding TD Ameritrade Holding Corp in their top 10 equity positions increased from 0 to 2 for an increase of 2. Sold All: 29 Reduced: 80 Increased: 87 New Position: 32.
TD Ameritrade Holding Corporation is a well-known provider of securities brokerage services and related technology financial services. The company has a market cap of $21.92 billion. The Firm provides its services to retail investors, traders and independent registered investment advisors . It has a 26.28 P/E ratio. The Firm provides its services through the Internet, a national branch network and relationships with RIAs.
About 529,179 shares traded hands. TD Ameritrade Holding Corp. (NASDAQ:AMTD) has risen 28.41% since April 27, 2016 and is uptrending. It has outperformed by 23.19% the S&P500.
Analysts await TD Ameritrade Holding Corp. (NASDAQ:AMTD) to report earnings on January, 18. They expect $0.39 earnings per share, 0.00% or $0.00 from last year’s $0.39 per share. AMTD’s profit will be $206.14M for 26.60 P/E if the $0.39 EPS becomes a reality. After $0.35 actual earnings per share reported by TD Ameritrade Holding Corp. for the previous quarter, Wall Street now forecasts 11.43% EPS growth.
According to Zacks Investment Research, “TD Ameritrade Holding Corporation has a servicing self-directed investors through its brokerage subsidiaries. Ameritrade develops and provides innovative brokerage products and services tailored to meet the varying investing and portfolio management needs of individual investors and institutional distribution partners. Through its brokerage subsidiaries, it provides a dynamic balance of investment products and services that fits the changing needs of investors. The Company’s full spectrum of services for the individual investor include a leading active trader program and long-term investor solutions, including a national branch system, as well as relationships with one of the largest networks of independent registered investment advisors.”
Toronto Dominion Bank holds 26.4% of its portfolio in TD Ameritrade Holding Corp. for 222.92 million shares. Crescent Park Management L.P. owns 835,470 shares or 5.22% of their US portfolio. Moreover, Riverpark Capital Management Llc has 2.92% invested in the company for 211,664 shares. The Denmark-based Cam Group Holding A S has invested 2.63% in the stock. Riverpark Advisors Llc, a New York-based fund reported 188,643 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 1 buy, and 3 selling transactions for $2.89 million net activity.
Ratings analysis reveals 63% of TD Ameritrade Holdings’s analysts are positive. Out of 8 Wall Street analysts rating TD Ameritrade Holdings, 5 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $29 while the high is $41. The stock’s average target of $35.50 is -14.42% below today’s ($41.48) share price. AMTD was included in 21 notes of analysts from July 22, 2015. On Wednesday, January 13 the stock rating was upgraded by Bank of America to “Buy”. The stock of TD Ameritrade Holding Corp. (NASDAQ:AMTD) earned “Buy” rating by Deutsche Bank on Friday, September 18. The stock has “Neutral” rating given by Citigroup on Tuesday, January 12. On Thursday, January 21 the stock rating was maintained by UBS with “Buy”. Keefe Bruyette & Woods maintained it with “Outperform” rating and $38 target price in Wednesday, October 7 report. Wood maintained it with “Outperform” rating and $38 target price in Wednesday, October 7 report. As per Monday, September 28, the company rating was downgraded by Wells Fargo. On Friday, January 8 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was downgraded by Citigroup on Wednesday, July 22 to “Sell”.
TD Ameritrade Holding Corporation, incorporated on April 1, 2002, is a well-known provider of securities brokerage services and related technology financial services. The Firm provides its services to retail investors, traders and independent registered investment advisors (RIAs). The Firm provides its services through the Internet, a national branch network and relationships with RIAs. The Company’s services and products include common and preferred stock, exchange-traded funds, options, futures, foreign exchange, mutual funds, fixed income, new and secondary issue securities, margin lending, cash management services and annuities. The Firm uses its platform to offer brokerage services to retail investors and investment advisors. In addition, it also offers various services and products to retail clients, such as touch-tone trading, trading over the Internet, real-time quotes, extended trading hours and direct access to market destinations. The Firm offers a nationwide network of over 100 retail branches, located primarily in metropolitan areas.
More important recent TD Ameritrade Holding Corp. (NASDAQ:AMTD) news were published by: Bloomberg.com which released: “TD Ameritrade, Toronto-Dominion Buy Scottrade for $4 Billion” on October 24, 2016, also Businesswire.com published article titled: “TD Ameritrade’s thinkorswim Platform Now Offers State of the Art Earnings …”, Investorplace.com published: “Why GoPro Inc (GPRO), Time Warner Inc (TWX) and TD Ameritrade Holding Corp …” on October 24, 2016. More interesting news about TD Ameritrade Holding Corp. (NASDAQ:AMTD) was released by: Nasdaq.com and their article: “TD Ameritrade Holding Corporation (AMTD) Ex-Dividend Date Scheduled for …” with publication date: November 03, 2016.
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By Winifred Garcia