Weekly Investment Analysts’ Ratings Changes for TD Ameritrade Holding Corp. (AMTD)

TD Ameritrade Holding Corp. (NASDAQ: AMTD) recently received a number of ratings updates from brokerages and research firms:

  • 4/18/2017 – TD Ameritrade Holding Corp. had its price target lowered by analysts at Deutsche Bank AG from $40.00 to $39.00. They now have a “hold” rating on the stock.
  • 4/14/2017 – TD Ameritrade Holding Corp. had its “buy” rating reaffirmed by analysts at Instinet. They now have a $49.00 price target on the stock, up previously from $48.00.
  • 4/13/2017 – TD Ameritrade Holding Corp. had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $48.00 price target on the stock.
  • 4/12/2017 – TD Ameritrade Holding Corp. had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $44.50 price target on the stock.
  • 4/11/2017 – TD Ameritrade Holding Corp. was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “TD Ameritrade’s have underperformed the Zacks categorized Investment Brokers industry over the last six months.  Notably, the company recorded a rise in average client trades per day in the first two months of the current quarter, indicating trading activity improvement. Further, its deal to acquire Scottrade is likely to be accretive to EPS in double-digits. However, we remain cautious regarding elevated costs and stringent regulations, which are likely to weigh on the company’s financials in the near term. Moreover, TD Ameritrade continues to face pressure on its margins despite the gradually improving rate environment. Also, the company’s lack of diversification remains a headwind.”
  • 4/6/2017 – TD Ameritrade Holding Corp. had its price target lowered by analysts at Deutsche Bank AG from $41.00 to $40.00. They now have a “hold” rating on the stock.
  • 4/6/2017 – TD Ameritrade Holding Corp. was upgraded by analysts at Buckingham Research from a “neutral” rating to a “buy” rating. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 3/10/2017 – TD Ameritrade Holding Corp. had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $48.00 price target on the stock.
  • 3/1/2017 – TD Ameritrade Holding Corp. had its price target lowered by analysts at SunTrust Banks, Inc. to $48.00.
  • 3/1/2017 – TD Ameritrade Holding Corp. had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $41.00 price target on the stock.
  • 2/28/2017 – TD Ameritrade Holding Corp. had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $50.00 price target on the stock.

Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) traded up 2.11% during trading on Thursday, hitting $38.66. The company’s stock had a trading volume of 3,666,238 shares. TD Ameritrade Holding Corp. has a 52 week low of $26.37 and a 52 week high of $47.41. The company has a market cap of $20.41 billion, a PE ratio of 24.16 and a beta of 1.63. The firm’s 50 day moving average price is $38.67 and its 200-day moving average price is $40.43.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last announced its quarterly earnings data on Wednesday, April 19th. The financial services provider reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by $0.01. TD Ameritrade Holding Corp. had a net margin of 25.09% and a return on equity of 16.21%. The business had revenue of $904 million for the quarter, compared to the consensus estimate of $882.25 million. During the same period in the prior year, the company earned $0.38 EPS. TD Ameritrade Holding Corp.’s quarterly revenue was up 6.9% on a year-over-year basis. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.65 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 16th. Shareholders of record on Tuesday, May 2nd will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.86%. The ex-dividend date is Friday, April 28th. TD Ameritrade Holding Corp.’s dividend payout ratio (DPR) is 45.28%.

In other TD Ameritrade Holding Corp. news, Director Joseph H. Moglia sold 20,000 shares of the company’s stock in a transaction dated Thursday, January 26th. The shares were sold at an average price of $47.00, for a total value of $940,000.00. Following the completion of the transaction, the director now owns 200,000 shares in the company, valued at approximately $9,400,000. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.42% of the stock is currently owned by corporate insiders.

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.

5 Day Chart for NASDAQ:AMTD

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