TD Ameritrade Holding Corp. (NASDAQ:AMTD) – Analysts at William Blair raised their FY2018 earnings per share (EPS) estimates for shares of TD Ameritrade in a research note issued to investors on Wednesday. William Blair analyst C. Shutler now anticipates that the financial services provider will post earnings of $2.66 per share for the year, up from their prior forecast of $2.32. William Blair also issued estimates for TD Ameritrade’s FY2019 earnings at $3.70 EPS.
TD Ameritrade (NASDAQ:AMTD) last announced its earnings results on Tuesday, October 24th. The financial services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.03. The firm had revenue of $983.00 million for the quarter, compared to the consensus estimate of $958.57 million. TD Ameritrade had a return on equity of 15.91% and a net margin of 23.72%. The firm’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 EPS.
Shares of TD Ameritrade (NASDAQ:AMTD) traded up $0.76 during trading on Monday, reaching $54.50. The company’s stock had a trading volume of 1,835,200 shares, compared to its average volume of 2,775,956. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.37. The company has a market cap of $30,900.00, a P/E ratio of 33.23, a P/E/G ratio of 1.04 and a beta of 1.57. TD Ameritrade has a 52-week low of $36.12 and a 52-week high of $54.59.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Janus Henderson Group PLC raised its position in shares of TD Ameritrade 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 purchasing an additional 20,327,705 shares during the period. Toronto Dominion Bank raised its position in shares of TD Ameritrade 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 purchasing an additional 11,082,105 shares during the period. RPTC Inc. acquired a new stake in shares of TD Ameritrade during the second quarter worth $402,937,000. FMR LLC raised its position in shares of TD Ameritrade 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 purchasing an additional 5,336,529 shares during the period. Finally, CI Investments Inc. acquired a new stake in shares of TD Ameritrade during the third quarter worth $72,434,000. 88.52% of the stock is currently owned by institutional investors.
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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