UBS Asset Management Americas Inc. lifted its stake in TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 1.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 933,306 shares of the financial services provider’s stock after purchasing an additional 12,283 shares during the period. UBS Asset Management Americas Inc.’s holdings in TD Ameritrade were worth $46,385,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AMTD. Boston Partners grew its position in TD Ameritrade by 2.2% in the third quarter. Boston Partners now owns 6,969,084 shares of the financial services provider’s stock worth $325,228,000 after acquiring an additional 149,487 shares during the period. State Street Corp grew its position in TD Ameritrade by 0.9% in the third quarter. State Street Corp now owns 6,038,979 shares of the financial services provider’s stock worth $282,020,000 after acquiring an additional 53,766 shares during the period. Renaissance Technologies LLC grew its position in TD Ameritrade by 88.9% in the fourth quarter. Renaissance Technologies LLC now owns 4,864,505 shares of the financial services provider’s stock worth $241,766,000 after acquiring an additional 2,289,479 shares during the period. Magnetar Financial LLC purchased a new position in TD Ameritrade in the fourth quarter worth approximately $195,276,000. Finally, Third Point LLC purchased a new position in TD Ameritrade in the fourth quarter worth approximately $149,100,000. 88.25% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:AMTD traded up $3.80 during midday trading on Wednesday, reaching $35.22. The company had a trading volume of 6,124,619 shares, compared to its average volume of 5,361,983. The firm has a market capitalization of $15.71 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 0.71 and a beta of 1.23. The stock’s fifty day simple moving average is $41.60 and its 200-day simple moving average is $44.70. TD Ameritrade Holding Corp. has a 12-month low of $27.70 and a 12-month high of $54.57. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.41.

TD Ameritrade (NASDAQ:AMTD) last released its earnings results on Tuesday, January 21st. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.77 by ($0.03). TD Ameritrade had a net margin of 34.26% and a return on equity of 24.24%. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the business posted $1.11 earnings per share. The company’s revenue for the quarter was down 14.8% on a year-over-year basis. As a group, sell-side analysts expect that TD Ameritrade Holding Corp. will post 2.97 EPS for the current year.

Several research analysts recently weighed in on AMTD shares. Morgan Stanley lowered their price objective on TD Ameritrade from $52.00 to $36.00 and set an “equal weight” rating for the company in a research report on Friday, March 13th. Deutsche Bank lowered their price objective on TD Ameritrade from $40.00 to $36.00 and set a “hold” rating for the company in a research report on Wednesday, March 18th. Barclays upgraded TD Ameritrade from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $33.00 to $53.00 in a research report on Wednesday, November 27th. Wolfe Research upgraded TD Ameritrade from a “peer perform” rating to an “outperform” rating in a research report on Monday, January 6th. Finally, Zacks Investment Research upgraded TD Ameritrade from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research report on Tuesday, December 24th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $45.90.

TD Ameritrade Profile

TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors and traders, and independent registered investment advisors (RIAs) in the United States. It offers trade execution, clearing, and margin lending services; futures and foreign exchange trade execution services; and trustee, custodial, and other trust-related services to retirement plans and other custodial accounts, as well as provides cash sweep and deposit account products through third-party relationships.

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

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