First National Bank Of Mount Dora Trust Investment Services buys $2.9 Million stake in TD Ameritrade Holding Corp. (AMTD)

TD Ameritrade Holding Corp. (AMTD) : First National Bank Of Mount Dora Trust Investment Services scooped up 8,431 additional shares in TD Ameritrade Holding Corp. during the most recent quarter end , according to a recent disclosure to the SEC on Apr 5, 2016. The investment management firm now holds a total of 96,370 shares of TD Ameritrade Holding Corp. which is valued at $2.9 Million.TD Ameritrade Holding Corp. makes up approximately 1.74% of First National Bank Of Mount Dora Trust Investment Services’s portfolio.

On the company’s financial health, TD Ameritrade Holding Corp. reported $0.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jan 20, 2016. Analyst had a consensus of $0.36. The company had revenue of $812.00 million for the quarter, compared to analysts expectations of $811.51 million. The company’s revenue was down -.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.39 EPS.

Many Wall Street Analysts have commented on TD Ameritrade Holding Corp.. Shares were Reiterated by UBS on Jan 21, 2016 to “Buy” and Lowered the Price Target to $ 37 from a previous price target of $40 .TD Ameritrade Holding Corp. was Upgraded by BofA/Merrill to ” Buy” on Jan 13, 2016. TD Ameritrade Holding Corp. was Upgraded by Citigroup to ” Neutral” on Jan 12, 2016.

TD Ameritrade Holding Corp. opened for trading at $30.14 and hit $30.76 on the upside on Monday, eventually ending the session at $30.53, with a gain of 2.18% or 0.65 points. The heightened volatility saw the trading volume jump to 29,32,205 shares. Company has a market cap of $16,335 M.

TD Ameritrade Holding Corporation (TD Ameritrade) is an investment banking and a retail discount securities brokerage company. The parent company is Delaware Corporation. The Company provides securities brokerage services and related technology-based financial 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 Company offers various products and services to its client primarily trading in common and preferred stocks American Depository Receipts closed-end funds Exchange Traded Funds Futures & Options Foreign Exchange Mutual Funds Fixed Income securities New and secondary issue securities Margin lending Cash Management Services and Annuities. The Company’s client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.

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