TD Ameritrade Holding Corp. (NASDAQ:AMTD) – Investment analysts at SunTrust Banks cut their Q4 2016 EPS estimates for TD Ameritrade Holding Corp. in a report issued on Friday. SunTrust Banks analyst D. Mewhirter now forecasts that the firm will post earnings per share of $0.37 for the quarter, down from their prior estimate of $0.39.

Other equities research analysts also recently issued research reports about the company. Deutsche Bank AG lowered their price target on TD Ameritrade Holding Corp. from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Thursday, June 16th. Barclays PLC decreased their price objective on TD Ameritrade Holding Corp. from $32.00 to $30.00 and set an “equal weight” rating on the stock in a report on Thursday, July 7th. Jefferies Group reiterated a “hold” rating and issued a $32.00 price objective (down previously from $33.00) on shares of TD Ameritrade Holding Corp. in a report on Monday, June 27th. Zacks Investment Research upgraded TD Ameritrade Holding Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, July 5th. Finally, Nomura reiterated a “hold” rating on shares of TD Ameritrade Holding Corp. in a report on Tuesday, July 12th. Twelve equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $34.87.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 33.23 on Monday. The company’s 50-day moving average price is $31.78 and its 200-day moving average price is $30.69. TD Ameritrade Holding Corp. has a 1-year low of $24.88 and a 1-year high of $37.90. The firm has a market capitalization of $17.49 billion, a P/E ratio of 20.39 and a beta of 1.44.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last posted its quarterly earnings results on Tuesday, July 19th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. TD Ameritrade Holding Corp. had a return on equity of 17.06% and a net margin of 26.24%. The business had revenue of $838 million for the quarter, compared to the consensus estimate of $829.63 million.

Several hedge funds have recently modified their holdings of AMTD. Toronto Dominion Bank boosted its stake in shares of TD Ameritrade Holding Corp. by 15,143,973.2% in the second quarter. Toronto Dominion Bank now owns 222,920,758 shares of the company’s stock worth $6,348,783,000 after buying an additional 222,919,286 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new stake in shares of TD Ameritrade Holding Corp. during the second quarter worth approximately $75,160,000. Norges Bank bought a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter worth approximately $71,428,000. Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of TD Ameritrade Holding Corp. by 43.8% in the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 4,551,100 shares of the company’s stock worth $129,593,000 after buying an additional 1,386,800 shares in the last quarter. Finally, Emerald Acquisition Ltd. bought a new stake in shares of TD Ameritrade Holding Corp. during the second quarter worth approximately $37,076,000. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

About TD Ameritrade Holding Corp.

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

Receive News & Ratings for TD Ameritrade Holding Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TD Ameritrade Holding Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.