Aviva PLC increased its position in TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 12.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 143,779 shares of the financial services provider’s stock after buying an additional 15,440 shares during the period. Aviva PLC’s holdings in TD Ameritrade Holding Corporation were worth $6,181,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Valley National Advisers Inc. boosted its stake 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 in the last quarter. Global X Management Co. LLC boosted its stake in shares of TD Ameritrade Holding Corporation by 37.9% in the first quarter. Global X Management Co. LLC now owns 3,290 shares of the financial services provider’s stock worth $128,000 after buying an additional 904 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of TD Ameritrade Holding Corporation by 7.3% in the first quarter. Van ECK Associates Corp now owns 3,613 shares of the financial services provider’s stock worth $140,000 after buying an additional 247 shares in the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake 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 in the last quarter. Finally, Federated Investors Inc. PA boosted its stake in shares of TD Ameritrade Holding Corporation by 5.1% in the second quarter. Federated Investors Inc. PA now owns 4,054 shares of the financial services provider’s stock worth $174,000 after buying an additional 198 shares in the last quarter. 93.55% of the stock is currently owned by institutional investors and hedge funds.

TD Ameritrade Holding Corporation (NASDAQ AMTD) opened at 43.03 on Thursday. The stock’s 50 day moving average is $44.77 and its 200-day moving average is $40.94. TD Ameritrade Holding Corporation has a 12 month low of $31.65 and a 12 month high of $47.41. The firm has a market cap of $22.73 billion, a price-to-earnings ratio of 26.89 and a beta of 1.48.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last issued its earnings results on Tuesday, July 18th. The financial services provider reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates 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%. The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business earned $0.45 earnings per share. On average, analysts anticipate that TD Ameritrade Holding Corporation will post $1.68 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st were given a dividend of $0.18 per share. The ex-dividend date was Friday, July 28th. This represents a $0.72 dividend on an annualized basis and a yield of 1.67%. TD Ameritrade Holding Corporation’s dividend payout ratio is presently 45.00%.

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A number of brokerages recently issued reports on AMTD. BidaskClub cut shares of TD Ameritrade Holding Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Nomura decreased their price objective on shares of TD Ameritrade Holding Corporation from $50.00 to $49.00 and set a “buy” rating for the company in a report on Thursday, July 13th. Zacks Investment Research upgraded shares of TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a report on Wednesday, July 12th. Wells Fargo & Company upgraded shares of TD Ameritrade Holding Corporation from a “market perform” rating to an “outperform” rating in a report on Monday, May 15th. Finally, Instinet reiterated a “buy” rating and issued a $49.00 price objective (down from $50.00) on shares of TD Ameritrade Holding Corporation in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $44.47.

In other news, Director Joseph H. Moglia sold 10,000 shares of the firm’s 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 in the company, valued at $6,876,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.42% of the stock is owned by company insiders.

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.

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

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