It is currently trading at $46.97 which is just over $42.59, the 50 day moving average and just above the 200 day moving average of $41.09. The 50 day moving average went up $4.38 or +10.28% whereas the 200 day average was up by +14.31%. Trading volume for TD Ameritrade Holding Corporati was 189K in the last trading session. Volume was down 91.00% under the stocks average daily volume.
Short traders are more bearish on TD Ameritrade Holding Corporati if you pay attention to the rise in short interest. The stock realized a rise in short interest of 0.85% as of May 31, 2017 from the last reporting period. Short interest increased from 10,750,723 to 10,842,552 over that period. Days to cover decreased -0.4 to 4.7 and the short interest percentage is 0.02% as of May 31.
These firms have also modified their investment in AMTD. Sumitomo Mitsui Asset Management Company, Ltd divested its ownership by selling 2,324 shares a decrease of 11.2% as of 06/30/2017. Sumitomo Mitsui Asset Management Company, Ltd now controls 18,419 shares valued at $791,000. The total value of its holdings decreased 1.9%. As of the end of the quarter Personal Capital Advisors Corp had bought a total of 35,183 shares growing its holdings by 4.6%. The value of the company’s investment in TD Ameritrade Holding Corporati went from $29,286,000 to $34,436,000 a change of $5,150,000 quarter to quarter.
Russell Investments Group, Ltd. augmented its holdings by buying 87,003 shares an increase of 119.0% from 03/31/2017 to 06/30/2017. Russell Investments Group, Ltd. owns 160,094 shares valued at $6,882,000. The total value of its holdings increased 142.3%. Cornerstone Advisors, Inc. grew its holdings by buying 10 shares an increase of 1.5%. Cornerstone Advisors, Inc. controls 673 shares worth $29,000. The value of the position overall is up by 11.5%.
July 25 investment analysts at Morgan Stanley maintained a stock rating of “Equal-Weight” but raised the price expectation from $34.00 to $43.00. On July 13, 2017 Rosenblatt initiated coverage with an initial rating of “Buy”.
July 13 investment analysts at Nomura kept the company rating at “Buy” but raised the price expectation to $49.00 from $33.00. On May 15 the company was upgraded to “Outperform” from “Market Perform” in a report from Wells Fargo.
On December 8 analysts at Keefe Bruyette & Woods issued its first research report on the stock by announcing an initial rating of “Market Perform”. On October 13, 2016 the stock rating was changed to a “Buy” according to a Bank of America report a boost from the previous “Neutral” rating.
The company is so far trading up from yesterday’s close of $46.6. The company declared a dividend for shareholders that will be paid on Tuesday the 15th of August 2017. The dividend payment will be $0.180 per share for the quarter or $0.72 on an annualized basis. This dividend represents a yield of $1.55. The ex-dividend date will be Friday the 28th of April 2017.
The P/E ratio is currently 29.36 and market capitalization is 24.80B. In the latest earnings report the EPS was $1.60 and is projected to be $1.69 for the current year with 528,000,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.47 and the next full year EPS is anticipated to be $2.03.
TD Ameritrade Holding Corporation, launched on April 1, 2002, 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. The Business’s products and services include common and preferred stock, exchange-traded funds, options, futures, foreign exchange, mutual funds, fixed income, new and secondary issue securities, margin lending, cash management services and annuities. The Company uses its platform to offer brokerage services to retail investors and investment advisors. In addition, it also offers various products and services to retail clients, such as touch-tone trading, trading over the Internet, real-time quotes, extended trading hours and direct access to market destinations. The Company offers a nationwide network of over 100 retail branches, located primarily in metropolitan areas.