National Pension Service Has $12.62 Million Stake in TD Ameritrade Holding Corporation (NASDAQ:AMTD)

National Pension Service raised its position in shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 9.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 295,875 shares of the financial services provider’s stock after buying an additional 26,295 shares during the period. National Pension Service owned 0.06% of TD Ameritrade Holding Corporation worth $12,616,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of AMTD. Bronfman E.L. Rothschild L.P. boosted its position in shares of TD Ameritrade Holding Corporation by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,394 shares of the financial services provider’s stock worth $171,000 after buying an additional 44 shares during the period. Valley National Advisers Inc. boosted its position in shares of TD Ameritrade Holding Corporation by 6.1% in the first quarter. Valley National Advisers Inc. now owns 3,247 shares of the financial services provider’s stock worth $126,000 after buying an additional 188 shares during the period. Pacer Advisors Inc. boosted its position in shares of TD Ameritrade Holding Corporation by 3.3% in the first quarter. Pacer Advisors Inc. now owns 6,061 shares of the financial services provider’s stock worth $236,000 after buying an additional 192 shares during the period. Capstone Asset Management Co. boosted its position in shares of TD Ameritrade Holding Corporation by 3.0% in the second quarter. Capstone Asset Management Co. now owns 7,307 shares of the financial services provider’s stock worth $314,000 after buying an additional 210 shares during the period. Finally, Commerzbank Aktiengesellschaft FI boosted its position in shares of TD Ameritrade Holding Corporation by 2.1% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 11,009 shares of the financial services provider’s stock worth $428,000 after buying an additional 230 shares during the period. 90.89% of the stock is owned by institutional investors.

Shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) opened at 45.29 on Friday. The company has a market capitalization of $23.91 billion, a price-to-earnings ratio of 28.31 and a beta of 1.48. TD Ameritrade Holding Corporation has a 52 week low of $29.51 and a 52 week high of $47.41. The stock has a 50 day moving average of $43.84 and a 200-day moving average of $41.06.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last announced its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.44 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.03. The firm had revenue of $931 million during the quarter, compared to analyst estimates of $897.98 million. TD Ameritrade Holding Corporation had a net margin of 24.01% and a return on equity of 16.09%. TD Ameritrade Holding Corporation’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm posted $0.45 EPS. On average, analysts anticipate that TD Ameritrade Holding Corporation will post $1.69 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Friday, July 28th. TD Ameritrade Holding Corporation’s payout ratio is currently 45.00%.

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A number of research analysts recently issued reports on the stock. Keefe, Bruyette & Woods reissued a “hold” rating and set a $44.50 price target on shares of TD Ameritrade Holding Corporation in a research report on Friday, July 14th. BidaskClub cut shares of TD Ameritrade Holding Corporation from a “buy” rating to a “hold” rating in a research report on Friday. SunTrust Banks, Inc. restated a “buy” rating and set a $46.00 price objective (down from $48.00) on shares of TD Ameritrade Holding Corporation in a research note on Saturday, April 22nd. Morgan Stanley restated an “equal weight” rating and set a $43.00 price objective (up from $40.00) on shares of TD Ameritrade Holding Corporation in a research note on Tuesday, July 25th. Finally, Credit Suisse Group restated a “buy” rating and set a $48.00 price objective on shares of TD Ameritrade Holding Corporation in a research note on Thursday, April 13th. Eight analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $44.47.

In related news, Director Joseph H. Moglia sold 10,000 shares of the stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $40.45, for a total value of $404,500.00. Following the completion of the transaction, the director now directly owns 170,000 shares of the company’s stock, valued at approximately $6,876,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.