MANA Advisors LLC bought a new stake in TD Ameritrade Holding Corp. (NASDAQ:AMTD) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 38,757 shares of the financial services provider’s stock, valued at approximately $1,982,000. TD Ameritrade accounts for 0.8% of MANA Advisors LLC’s investment portfolio, making the stock its 4th largest holding.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aperio Group LLC raised its holdings in TD Ameritrade by 1.3% in the third quarter. Aperio Group LLC now owns 84,752 shares of the financial services provider’s stock valued at $4,136,000 after acquiring an additional 1,087 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in TD Ameritrade by 6.8% during the second quarter. The Manufacturers Life Insurance Company now owns 17,904 shares of the financial services provider’s stock worth $769,000 after purchasing an additional 1,133 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in TD Ameritrade by 33.8% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,791 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 1,210 shares in the last quarter. ETRADE Capital Management LLC grew its position in shares of TD Ameritrade by 21.3% during the fourth quarter. ETRADE Capital Management LLC now owns 7,046 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 1,235 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado grew its position in shares of TD Ameritrade by 3.1% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 52,973 shares of the financial services provider’s stock worth $2,709,000 after acquiring an additional 1,617 shares during the last quarter. Hedge funds and other institutional investors own 92.03% of the company’s stock.
Shares of TD Ameritrade Holding Corp. (NASDAQ AMTD) traded down $0.71 during trading on Wednesday, reaching $61.02. The company had a trading volume of 4,760,000 shares, compared to its average volume of 3,640,000. TD Ameritrade Holding Corp. has a 1 year low of $36.12 and a 1 year high of $63.01. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.10 and a current ratio of 1.12. The stock has a market cap of $34,620.00, a P/E ratio of 37.67, a P/E/G ratio of 1.02 and a beta of 1.41.
TD Ameritrade (NASDAQ:AMTD) last issued its quarterly earnings data on Monday, January 22nd. The financial services provider reported $0.80 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.29. TD Ameritrade had a return on equity of 18.27% and a net margin of 23.39%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.20 billion. research analysts forecast that TD Ameritrade Holding Corp. will post 3.06 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, February 20th. Investors of record on Tuesday, February 6th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Monday, February 5th. This represents a $0.84 annualized dividend and a dividend yield of 1.38%. TD Ameritrade’s dividend payout ratio (DPR) is presently 51.85%.
In other TD Ameritrade news, EVP Thomas A. Nally sold 17,243 shares of TD Ameritrade stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $56.13, for a total value of $967,849.59. Following the completion of the transaction, the executive vice president now owns 160,079 shares in the company, valued at approximately $8,985,234.27. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Joseph H. Moglia sold 10,000 shares of TD Ameritrade stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $55.28, for a total value of $552,800.00. Following the completion of the transaction, the director now owns 145,000 shares of the company’s stock, valued at approximately $8,015,600. The disclosure for this sale can be found here. 0.44% of the stock is owned by company insiders.
A number of equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of TD Ameritrade from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 11th. SunTrust Banks lifted their price objective on shares of TD Ameritrade to $72.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Zacks Investment Research lowered shares of TD Ameritrade from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Credit Suisse Group started coverage on TD Ameritrade in a research note on Thursday, November 30th. They set an “underperform” rating and a $45.00 price target for the company. Finally, Nomura boosted their target price on shares of TD Ameritrade from $63.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, January 24th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $60.97.
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TD Ameritrade 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.
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