TD Ameritrade Holding Corp.’s Trend Down, Especially After This Options Activity

 TD Ameritrade Holding Corp.'s Trend Down, Especially After This Options Activity

In today’s session TD Ameritrade Holding Corp. (AMTD) recorded an unusually high (846) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious AMTD decrease. With 846 contracts traded and 1464 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: AMTD161118P00035000 closed last at: $1.05 or 0% . About 1.56M shares traded hands. TD Ameritrade Holding Corp. (NASDAQ:AMTD) has risen 14.69% since March 14, 2016 and is uptrending. It has outperformed by 9.08% the S&P500.

Analysts await TD Ameritrade Holding Corp. (NASDAQ:AMTD) to report earnings on October, 25. They expect $0.39 earnings per share, down 2.50% or $0.01 from last year’s $0.4 per share. AMTD’s profit will be $207.90M for 23.06 P/E if the $0.39 EPS becomes a reality. After $0.39 actual earnings per share 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. TD Ameritrade Holdings has been the topic of 21 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Bank of America upgraded the stock to “Buy” rating in Wednesday, January 13 report. The firm has “Buy” rating by Deutsche Bank given on Friday, September 18. Deutsche Bank maintained TD Ameritrade Holding Corp. (NASDAQ:AMTD) rating on Friday, January 8. Deutsche Bank has “Buy” rating and $41.0 price target. The firm has “Outperform” rating by Wood given on Wednesday, October 7. The firm has “Buy” rating by UBS given on Thursday, January 21. Citigroup downgraded TD Ameritrade Holding Corp. (NASDAQ:AMTD) rating on Wednesday, July 22. Citigroup has “Sell” rating and $33 price target. Citigroup upgraded TD Ameritrade Holding Corp. (NASDAQ:AMTD) on Tuesday, January 12 to “Neutral” rating. The company was downgraded on Monday, September 28 by Wells Fargo. Keefe Bruyette & Woods maintained it with “Outperform” rating and $38 target price in Wednesday, October 7 report.

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 2016 Q2. Its up 0.21, from 0.88 in 2016Q1. The ratio is positive, 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.
Blackrock Invest Limited Liability Corporation reported 118,038 shares or 0% of all its holdings. Moreover, Parsec Fincl Management Inc has 0.84% invested in TD Ameritrade Holding Corp. (NASDAQ:AMTD) for 305,869 shares. Blackrock Fund Advisors holds 2.75 million shares or 0.02% of its portfolio. Livforsakringsbolaget Skandia Omsesidigt, a Sweden-based fund reported 19,622 shares. Select Equity Grp Limited Partnership, a New York-based fund reported 850,174 shares. Cibc Asset Management accumulated 29,571 shares or 0.01% of the stock. Markston Ltd Limited Liability Company holds 0% of its portfolio in TD Ameritrade Holding Corp. (NASDAQ:AMTD) for 300 shares. M&T Fincl Bank holds 0% of its portfolio in TD Ameritrade Holding Corp. (NASDAQ:AMTD) for 9,620 shares. Amalgamated Natl Bank last reported 16,940 shares in the company. Apg Asset Mgmt Nv has 1.55M shares for 0.08% of their US portfolio. Moreover, Mitsubishi Ufj Trust Corporation has 0.17% invested in TD Ameritrade Holding Corp. (NASDAQ:AMTD) for 2.69M shares. Proshare Advsr Ltd Liability reported 37,008 shares or 0.01% of all its holdings. Bnp Paribas Arbitrage Sa last reported 64,736 shares in the company. Morgan Stanley last reported 0% of its portfolio in the stock. Pnc Financial Serv Grp Inc accumulated 0% or 50,769 shares.

Insider Transactions: Since April 22, 2016, the stock had 0 insider buys, and 3 insider sales for $3.92 million net activity. The insider Tomczyk Fredric J sold $1.62 million. Nally Thomas A. also sold $992,908 worth of TD Ameritrade Holding Corp. (NASDAQ:AMTD) shares.

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 $19.18 billion. The Firm provides its services to retail investors, traders and independent registered investment advisors . It has a 22.17 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 Investor Movement Index: IMX Matches Equity Markets at Their …” on October 10, 2016.

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