Chicago Equity Partners LLC purchased a new position in shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) during the fourth quarter, Holdings Channel reports. The fund purchased 12,110 shares of the financial services provider’s stock, valued at approximately $619,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Toronto Dominion Bank boosted its position in TD Ameritrade by 5.0% in the third quarter. Toronto Dominion Bank now owns 234,004,635 shares of the financial services provider’s stock valued at $11,419,426,000 after buying an additional 11,082,105 shares during the last quarter. Janus Henderson Group PLC boosted its position in TD Ameritrade by 2.3% in the third quarter. Janus Henderson Group PLC now owns 20,878,793 shares of the financial services provider’s stock valued at $1,018,884,000 after buying an additional 473,846 shares during the last quarter. State Street Corp boosted its position in TD Ameritrade by 0.5% in the second quarter. State Street Corp now owns 4,752,164 shares of the financial services provider’s stock valued at $204,291,000 after buying an additional 23,599 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its position in TD Ameritrade by 7.0% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 4,103,000 shares of the financial services provider’s stock valued at $201,069,000 after buying an additional 267,600 shares during the last quarter. Finally, BT Investment Management Ltd boosted its position in TD Ameritrade by 4.2% in the third quarter. BT Investment Management Ltd now owns 3,591,397 shares of the financial services provider’s stock valued at $175,260,000 after buying an additional 143,923 shares during the last quarter. Hedge funds and other institutional investors own 88.62% of the company’s stock.

TD Ameritrade Holding Corp. (AMTD) opened at $54.69 on Friday. TD Ameritrade Holding Corp. has a twelve month low of $36.12 and a twelve month high of $58.83. The stock has a market capitalization of $31,029.41, a P/E ratio of 25.68, a price-to-earnings-growth ratio of 0.91 and a beta of 1.50. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.12 and a quick ratio of 1.08.

TD Ameritrade (NASDAQ:AMTD) last announced its quarterly earnings results on Monday, January 22nd. The financial services provider reported $0.80 earnings per share (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 company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.20 billion. equities research analysts predict that TD Ameritrade Holding Corp. will post 3 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date of this dividend is Monday, February 5th. TD Ameritrade’s payout ratio is presently 48.00%.

A number of brokerages recently commented on AMTD. Sandler O’Neill reiterated a “buy” rating and issued a $63.00 target price on shares of TD Ameritrade in a research report on Tuesday, January 23rd. Citigroup upped their target price on TD Ameritrade from $60.00 to $61.00 and gave the company a “neutral” rating in a research report on Wednesday, January 24th. SunTrust Banks upped their target price on TD Ameritrade to $72.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Barclays upped their target price on TD Ameritrade from $68.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. Finally, Nomura upped their target price on TD Ameritrade from $63.00 to $67.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $57.29.

In other TD Ameritrade news, Director Joseph H. Moglia sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 25th. The stock was 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 directly owns 145,000 shares of the company’s stock, valued at $8,015,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thomas A. Nally sold 17,243 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were 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 directly owns 160,079 shares of the company’s stock, valued at $8,985,234.27. The disclosure for this sale can be found here. Insiders own 0.44% of the company’s stock.

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About TD Ameritrade

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 (NASDAQ:AMTD)

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