Toronto Dominion Bank raised its stake in TD Ameritrade Holding Corporation (NASDAQ:AMTD) by 5.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 234,004,635 shares of the financial services provider’s stock after acquiring an additional 11,082,105 shares during the quarter. TD Ameritrade Holding Corporation comprises approximately 36.7% of Toronto Dominion Bank’s investment portfolio, making the stock its biggest holding. Toronto Dominion Bank owned approximately 44.31% of TD Ameritrade Holding Corporation worth $11,419,426,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of AMTD. Janus Henderson Group PLC increased its position in TD Ameritrade Holding Corporation by 26,316.9% in the 2nd quarter. Janus Henderson Group PLC now owns 20,404,947 shares of the financial services provider’s stock valued at $877,208,000 after acquiring an additional 20,327,705 shares in the last quarter. RPTC Inc. acquired a new stake in TD Ameritrade Holding Corporation in the 2nd quarter valued at about $402,937,000. FMR LLC increased its position in TD Ameritrade Holding Corporation by 103.8% in the 2nd quarter. FMR LLC now owns 10,475,718 shares of the financial services provider’s stock valued at $450,351,000 after acquiring an additional 5,336,529 shares in the last quarter. BT Investment Management Ltd acquired a new stake in TD Ameritrade Holding Corporation in the 2nd quarter valued at about $148,207,000. Finally, CI Investments Inc. acquired a new stake in TD Ameritrade Holding Corporation in the 3rd quarter valued at about $72,434,000. Hedge funds and other institutional investors own 94.47% of the company’s stock.

In other news, major shareholder Luxembourg International Ho Td acquired 11,074,197 shares of TD Ameritrade Holding Corporation stock in a transaction that occurred on Monday, September 18th. The shares were acquired at an average price of $36.12 per share, with a total value of $399,999,995.64. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph H. Moglia sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $44.66, for a total transaction of $669,900.00. Following the sale, the director now owns 155,000 shares in the company, valued at $6,922,300. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

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TD Ameritrade Holding Corporation (AMTD) traded up $0.48 during trading on Monday, reaching $48.86. 1,221,700 shares of the company traded hands, compared to its average volume of 2,589,122. TD Ameritrade Holding Corporation has a twelve month low of $35.57 and a twelve month high of $51.22. The company has a market cap of $26,180.00, a price-to-earnings ratio of 28.08, a price-to-earnings-growth ratio of 1.65 and a beta of 1.57. The company has a quick ratio of 1.16, a current ratio of 1.13 and a debt-to-equity ratio of 0.35.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last released its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.03. TD Ameritrade Holding Corporation had a net margin of 23.72% and a return on equity of 15.91%. The business had revenue of $983.00 million for the quarter, compared to analyst estimates of $958.57 million. During the same quarter last year, the firm earned $0.35 EPS. TD Ameritrade Holding Corporation’s quarterly revenue was up 18.6% compared to the same quarter last year. research analysts anticipate that TD Ameritrade Holding Corporation will post 2.28 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 21st. Investors of record on Tuesday, November 7th will be paid a dividend of $0.21 per share. This is a positive change from TD Ameritrade Holding Corporation’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Monday, November 6th. This represents a $0.84 annualized dividend and a yield of 1.72%. TD Ameritrade Holding Corporation’s dividend payout ratio (DPR) is presently 51.22%.

Several equities research analysts have weighed in on AMTD shares. Zacks Investment Research upgraded shares of TD Ameritrade Holding Corporation from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Friday, September 1st. Deutsche Bank AG raised their target price on shares of TD Ameritrade Holding Corporation from $49.00 to $53.00 and gave the company a “hold” rating in a research note on Wednesday, October 25th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $46.00 target price on shares of TD Ameritrade Holding Corporation in a research note on Friday, October 6th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $50.00 target price (up previously from $46.00) on shares of TD Ameritrade Holding Corporation in a research note on Wednesday, July 19th. Finally, BidaskClub raised shares of TD Ameritrade Holding Corporation from a “sell” rating to a “hold” rating in a research note on Friday, September 15th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $50.14.

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.

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

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