Trading Report: The Vanguard Group Inc. invests in TD Ameritrade Holding Corp. (AMTD) Shares

The Vanguard Group Inc. invests in TD Ameritrade Holding Corp. (AMTD) Shares

Vanguard Group Inc. boosted its stake in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 3.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,462,448 shares of the company’s stock after buying an additional 403,843 shares during the period. Vanguard Group Inc. owned 2.17% of TD Ameritrade Holding Corp. worth $326,394,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Boston Partners raised its position in TD Ameritrade Holding Corp. by 10.7% in the second quarter. Boston Partners now owns 8,489,396 shares of the company’s stock valued at $241,735,000 after buying an additional 821,210 shares in the last quarter. CAM Group Holding A S raised its position in TD Ameritrade Holding Corp. by 2.9% in the second quarter. CAM Group Holding A S now owns 4,827,086 shares of the company’s stock valued at $137,452,000 after buying an additional 134,636 shares in the last quarter. State Street Corp raised its position in TD Ameritrade Holding Corp. by 2.4% in the first quarter. State Street Corp now owns 4,617,359 shares of the company’s stock valued at $145,593,000 after buying an additional 109,997 shares in the last quarter. Bank of New York Mellon Corp raised its position in TD Ameritrade Holding Corp. by 26.0% in the second quarter. Bank of New York Mellon Corp now owns 4,388,237 shares of the company’s stock valued at $124,955,000 after buying an additional 904,292 shares in the last quarter. Finally, First Trust Advisors LP raised its position in TD Ameritrade Holding Corp. by 0.7% in the second quarter. First Trust Advisors LP now owns 2,272,061 shares of the company’s stock valued at $64,697,000 after buying an additional 14,816 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 36.12 on Friday. The stock has a market cap of $19.01 billion, a price-to-earnings ratio of 22.16 and a beta of 1.50. The firm’s 50 day moving average price is $33.09 and its 200 day moving average price is $30.99. 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 posted its earnings results on Tuesday, July 19th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.38 by $0.07. TD Ameritrade Holding Corp. had a net margin of 26.24% and a return on equity of 17.06%. The firm earned $838 million during the quarter, compared to analysts’ expectations of $829.63 million. Equities analysts forecast that TD Ameritrade Holding Corp. will post $1.59 earnings per share for the current year.

AMTD has been the subject of several research analyst reports. Barclays PLC lowered their price target on 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. Jefferies Group reiterated a “hold” rating and issued a $32.00 price objective (down from $33.00) on shares of TD Ameritrade Holding Corp. in a research note on Monday, June 27th. Bank of America Corp. cut TD Ameritrade Holding Corp. from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $34.00 to $29.00 in a research note on Tuesday, June 28th. Deutsche Bank AG cut TD Ameritrade Holding Corp. from a “buy” rating to a “hold” rating and set a $31.00 price objective on the stock. in a research note on Wednesday, July 20th. Finally, Morgan Stanley initiated coverage on TD Ameritrade Holding Corp. in a research note on Monday, September 26th. They issued an “equal weight” rating and a $34.00 price objective on the stock. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. TD Ameritrade Holding Corp. has a consensus rating of “Hold” and a consensus target price of $34.47.

TD Ameritrade Holding Corp. Company Profile

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