RWC Asset Management LLP grew its holdings in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 11.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 706,789 shares of the financial services provider’s stock after acquiring an additional 70,096 shares during the quarter. TD Ameritrade comprises 1.9% of RWC Asset Management LLP’s investment portfolio, making the stock its 14th largest holding. RWC Asset Management LLP’s holdings in TD Ameritrade were worth $36,138,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Aperio Group LLC raised its holdings in shares of 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 buying an additional 1,087 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of TD Ameritrade by 6.8% in the second quarter. The Manufacturers Life Insurance Company now owns 17,904 shares of the financial services provider’s stock valued at $769,000 after buying an additional 1,133 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of TD Ameritrade by 33.8% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,791 shares of the financial services provider’s stock valued at $234,000 after buying an additional 1,210 shares during the last quarter. Public Employees Retirement Association of Colorado increased its stake 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 period. Finally, Macquarie Group Ltd. increased its stake in shares of TD Ameritrade by 1.3% during the second quarter. Macquarie Group Ltd. now owns 137,923 shares of the financial services provider’s stock worth $5,929,000 after acquiring an additional 1,750 shares during the period. 88.39% of the stock is owned by institutional investors and hedge funds.

A number of research 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 note on Saturday, February 3rd. Morgan Stanley boosted their price target on shares of TD Ameritrade from $56.00 to $61.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. Nomura boosted their price target on shares of TD Ameritrade from $63.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Barclays boosted their price target on shares of TD Ameritrade from $68.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Finally, SunTrust Banks boosted their price target on shares of TD Ameritrade to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. TD Ameritrade has an average rating of “Buy” and an average target price of $57.29.

In other news, EVP Thomas A. Nally sold 17,243 shares of the 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 sale, the executive vice president now directly owns 160,079 shares in the company, valued at $8,985,234.27. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph H. Moglia sold 10,000 shares of the stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $55.28, for a total transaction of $552,800.00. Following the completion of the sale, the director now owns 145,000 shares in the company, valued at $8,015,600. The disclosure for this sale can be found here. Corporate insiders own 0.44% of the company’s stock.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at $54.69 on Monday. The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 0.35. TD Ameritrade Holding Corp. has a 1 year low of $36.12 and a 1 year high of $58.83. The firm has a market cap of $31,029.42, a PE ratio of 31.25, a price-to-earnings-growth ratio of 0.91 and a beta of 1.50.

TD Ameritrade (NASDAQ:AMTD) last issued its earnings results on Monday, January 22nd. The financial services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.29. TD Ameritrade had a net margin of 23.39% and a return on equity of 18.27%. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.20 billion. equities analysts anticipate that TD Ameritrade Holding Corp. will post 3 EPS for the current fiscal year.

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

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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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