In today’s session TD Ameritrade Holding Corp. (AMTD) registered an unusually high (683) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious AMTD increase. With 683 contracts traded and 11044 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: AMTD161021C00034000 closed last at: $2.35 or 42.4% up. About 700,540 shares traded hands. TD Ameritrade Holding Corp. (NASDAQ:AMTD) has risen 15.85% since March 4, 2016 and is uptrending. It has outperformed by 7.81% the S&P500.
Analysts await TD Ameritrade Holding Corp. (NASDAQ:AMTD) to report earnings on October, 25. They expect $0.39 EPS, down 2.50% or $0.01 from last year’s $0.4 per share. AMTD’s profit will be $204.49 million for 22.91 P/E if the $0.39 EPS becomes a reality. After $0.39 actual EPS reported by TD Ameritrade Holding Corp. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) Ratings Coverage
Out of 8 analysts covering TD Ameritrade Holdings (NASDAQ:AMTD), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. $41 is the highest target while $29 is the lowest. The $35.50 average target is -0.67% below today’s ($35.74) stock price. TD Ameritrade Holdings has been the topic of 21 analyst reports since July 22, 2015 according to StockzIntelligence Inc. On Friday, January 8 the stock rating was maintained by Deutsche Bank with “Buy”. Wells Fargo downgraded the shares of AMTD in a report on Monday, September 28 to “Market Perform” rating. The company was upgraded on Tuesday, January 12 by Citigroup. On Thursday, January 21 the stock rating was maintained by UBS with “Buy”. The firm has “Outperform” rating by Wood given on Wednesday, October 7. Citigroup downgraded the stock to “Sell” rating in Wednesday, July 22 report. Deutsche Bank maintained the stock with “Buy” rating in Friday, September 18 report. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Wednesday, October 7. The rating was upgraded by Bank of America on Wednesday, January 13 to “Buy”.
According to Zacks Investment Research, “TD Ameritrade Holding Corporation has a servicing self-directed investors through its brokerage subsidiaries. Ameritrade develops and provides innovative brokerage products and services tailored to meet the varying investing and portfolio management needs of individual investors and institutional distribution partners. Through its brokerage subsidiaries, it provides a dynamic balance of investment products and services that fits the changing needs of investors. The Company’s full spectrum of services for the individual investor include a leading active trader program and long-term investor solutions, including a national branch system, as well as relationships with one of the largest networks of independent registered investment advisors.”
Insitutional Activity: The institutional sentiment increased to 1.09 in Q2 2016. Its up 0.21, from 0.88 in 2016Q1. The ratio increased, as 29 funds sold all TD Ameritrade Holding Corp. shares owned while 80 reduced positions. 32 funds bought stakes while 87 increased positions. They now own 471.08 million shares or 86.79% more from 252.20 million shares in 2016Q1.
Sumitomo Mitsui Tru Holdg owns 760,926 shares or 0.04% of their US portfolio. Akre Cap Ltd Co holds 2.97M shares or 1.72% of its portfolio. First Tru Advsrs L P last reported 2.27M shares in the company. Sumitomo Mitsui Asset Ltd accumulated 0.02% or 17,811 shares. Blackrock Ltd has invested 0.02% of its portfolio in TD Ameritrade Holding Corp. (NASDAQ:AMTD). Suntrust Banks owns 42,395 shares or 0.01% of their US portfolio. Dynamic Cap Mgmt Ltd owns 15,501 shares or 0.05% of their US portfolio. Moreover, Amalgamated Financial Bank has 0.03% invested in TD Ameritrade Holding Corp. (NASDAQ:AMTD) for 16,940 shares. Pub Employees Retirement Association Of Colorado holds 0.01% or 59,433 shares in its portfolio. The New York-based American Intl Gru has invested 0% in TD Ameritrade Holding Corp. (NASDAQ:AMTD). Henderson Group Public Ltd Company accumulated 0.01% or 21,502 shares. Canada Pension Plan Inv Board owns 103,095 shares or 0.01% of their US portfolio. Voya Ltd Liability reported 4.64 million shares or 0.32% of all its holdings. Ubs Asset Mngmt Americas accumulated 675,284 shares or 0.02% of the stock. Tiaa Cref Investment Management Limited Liability Co has 0.01% invested in the company for 503,368 shares.
Insider Transactions: Since April 22, 2016, the stock had 0 insider purchases, and 3 selling transactions for $3.92 million net activity. $1.31M worth of TD Ameritrade Holding Corp. (NASDAQ:AMTD) was sold by Tomczyk Fredric J. The insider Nally Thomas A. sold $992,908.
TD Ameritrade Holding Corporation is a well-known provider of securities brokerage services and related technology financial services. The company has a market cap of $18.74 billion. The Firm provides its services to retail investors, traders and independent registered investment advisors . It has a 22.03 P/E ratio. The Firm provides its services through the Internet, a national branch network and relationships with RIAs.
AMTD Company Profile
TD Ameritrade Holding Corporation, incorporated on April 1, 2002, is a well-known provider of securities brokerage services and related technology financial services. The Firm provides its services to retail investors, traders and independent registered investment advisors (RIAs). The Firm provides its services through the Internet, a national branch network and relationships with RIAs. The Company’s services and products 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 Firm uses its platform to offer brokerage services to retail investors and investment advisors. In addition, it also offers various services and products 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 Firm offers a nationwide network of over 100 retail branches, located primarily in metropolitan areas.
Another recent and important TD Ameritrade Holding Corp. (NASDAQ:AMTD) news was published by Businesswire.com which published an article titled: “TD Ameritrade Announces Appointments to Board of Directors” on September 28, 2016.
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