Virginia Retirement Systems ET AL purchased a new stake in shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 160,700 shares of the company’s stock, valued at approximately $4,576,000.

Other hedge funds also recently bought and sold shares of the company. Pioneer Investment Management Inc. boosted its stake in shares of TD Ameritrade Holding Corp. by 75.6% in the fourth quarter. Pioneer Investment Management Inc. now owns 275,380 shares of the company’s stock worth $9,558,000 after buying an additional 118,518 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in shares of TD Ameritrade Holding Corp. by 4.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 31,994 shares of the company’s stock worth $1,111,000 after buying an additional 1,400 shares during the period. Norges Bank acquired a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter worth $71,428,000. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of TD Ameritrade Holding Corp. by 8.1% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 84,289 shares of the company’s stock worth $2,658,000 after buying an additional 6,311 shares during the period. Finally, Douglas Lane & Associates LLC acquired a new stake in shares of TD Ameritrade Holding Corp. during the first quarter worth $8,193,000. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 33.45 on Wednesday. The firm has a 50-day moving average of $31.78 and a 200-day moving average of $30.69. The firm has a market capitalization of $17.61 billion, a P/E ratio of 20.52 and a beta of 1.44. TD Ameritrade Holding Corp. has a one year low of $24.88 and a one year high of $37.90.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last issued its quarterly earnings data on Tuesday, July 19th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.07. The company earned $838 million during the quarter, compared to analysts’ expectations of $829.63 million. TD Ameritrade Holding Corp. had a return on equity of 17.06% and a net margin of 26.24%. On average, equities analysts predict that TD Ameritrade Holding Corp. will post $1.60 earnings per share for the current fiscal year.

AMTD has been the topic of a number of research reports. Deutsche Bank AG increased their target price on shares of TD Ameritrade Holding Corp. from $33.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, May 27th. Zacks Investment Research cut shares of TD Ameritrade Holding Corp. from a “hold” rating to a “sell” rating in a report on Monday, June 6th. Jefferies Group reissued a “hold” rating and set a $32.00 target price (down from $33.00) on shares of TD Ameritrade Holding Corp. in a report on Monday, June 27th. Bank of America Corp. cut shares of TD Ameritrade Holding Corp. from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $34.00 to $29.00 in a report on Tuesday, June 28th. Finally, Barclays PLC lowered their price target on shares of TD Ameritrade Holding Corp. from $32.00 to $30.00 and set an “equal weight” rating for the company in a research report on Thursday, July 7th. Twelve investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $34.87.

TD Ameritrade Holding Corp. 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.

5 Day Chart for NASDAQ:AMTD

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