TD Ameritrade Holding Corp. (AMTD) Holdings Lifted by Stephens Inc. AR

Stephens Inc. AR boosted its stake in shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 53.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,538 shares of the financial services provider’s stock after acquiring an additional 2,639 shares during the quarter. Stephens Inc. AR’s holdings in TD Ameritrade were worth $385,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in AMTD. Dimensional Fund Advisors LP raised its stake in TD Ameritrade by 0.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,329,181 shares of the financial services provider’s stock worth $57,140,000 after acquiring an additional 10,136 shares in the last quarter. Macquarie Group Ltd. raised its stake in TD Ameritrade by 1.3% during the second quarter. Macquarie Group Ltd. now owns 137,923 shares of the financial services provider’s stock worth $5,929,000 after acquiring an additional 1,750 shares in the last quarter. State Street Corp raised its stake in TD Ameritrade by 0.5% during the second quarter. State Street Corp now owns 4,752,164 shares of the financial services provider’s stock worth $204,291,000 after acquiring an additional 23,599 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in TD Ameritrade during the second quarter worth $413,000. Finally, The Manufacturers Life Insurance Company raised its stake in TD Ameritrade by 6.8% during the second quarter. The Manufacturers Life Insurance Company now owns 17,904 shares of the financial services provider’s stock worth $769,000 after acquiring an additional 1,133 shares in the last quarter. Hedge funds and other institutional investors own 88.39% of the company’s stock.

Several research firms have issued reports on AMTD. Deutsche Bank increased their price objective on TD Ameritrade from $49.00 to $53.00 and gave the stock a “hold” rating in a research note on Wednesday, October 25th. Wells Fargo & Co reiterated an “outperform” rating and set a $67.00 price objective (up from $56.00) on shares of TD Ameritrade in a research note on Thursday, January 4th. SunTrust Banks increased their price objective on TD Ameritrade to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. BidaskClub lowered TD Ameritrade from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 26th. Finally, Sandler O’Neill restated a “buy” rating and issued a $63.00 target price on shares of TD Ameritrade in a research note on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $57.29.

In related news, Director Joseph H. Moglia sold 10,000 shares of the firm’s stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $55.28, for a total value of $552,800.00. Following the transaction, the director now owns 145,000 shares in the company, valued at $8,015,600. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Thomas A. Nally sold 17,243 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $56.13, for a total value of $967,849.59. Following the completion of the transaction, the executive vice president now owns 160,079 shares in the company, valued at approximately $8,985,234.27. The disclosure for this sale can be found here. 0.44% of the stock is owned by company insiders.

Shares of TD Ameritrade Holding Corp. (NASDAQ AMTD) opened at $55.38 on Wednesday. TD Ameritrade Holding Corp. has a 12 month low of $36.12 and a 12 month high of $58.83. The firm has a market capitalization of $31,449.28, a price-to-earnings ratio of 31.65, a PEG ratio of 0.92 and a beta of 1.50. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.35.

TD Ameritrade (NASDAQ:AMTD) last announced its earnings results on Monday, January 22nd. The financial services provider reported $0.80 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.29. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. TD Ameritrade had a return on equity of 18.27% and a net margin of 23.39%. sell-side analysts predict that TD Ameritrade Holding Corp. will post 3 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Investors of record on Tuesday, February 6th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Monday, February 5th. TD Ameritrade’s dividend payout ratio is 48.00%.

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About TD Ameritrade

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.

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

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