TD Ameritrade Holding Corp. (AMTD) was Reiterated by Deutsche Bank to “Buy” while Lowering the Price Target of the company shares to $ 33 from a previous price target of $34 . Deutsche Bank advised their investors in a research report released on Apr 25, 2016.
Many Wall Street Analysts have commented on TD Ameritrade Holding Corp.. Shares were Downgraded by Barclays on Apr 20, 2016 to ” Equal Weight” and Lowered the Price Target to $ 33 from a previous price target of $36 .Company shares were Reiterated by Piper Jaffray on Apr 20, 2016 to “Neutral”, Firm has raised the Price Target to $ 36 from a previous price target of $35 .Shares were Reiterated by UBS on Apr 20, 2016 to “Buy” and Lowered the Price Target to $ 34 from a previous price target of $37 .
On the company’s financial health, TD Ameritrade Holding Corp. reported $0.38 EPS for the quarter, based on the information available during the earnings call on Apr 19, 2016. Analyst had a consensus estimate of $0.38. The company had revenue of $846.00 million for the quarter, compared to analysts expectations of $858.14 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.
TD Ameritrade Holding Corp. opened for trading at $31.28 and hit $32.165 on the upside on Friday, eventually ending the session at $31.76, with a gain of 1.47% or 0.46 points. The heightened volatility saw the trading volume jump to 29,07,173 shares. Company has a market cap of $16,993 M.
In a different news, on Mar 15, 2016, Joseph H Moglia (director) sold 10,000 shares at $31.80 per share price. According to the SEC, on Dec 9, 2015, Steven M. Quirk (EVP, Trader Group) sold 22,138 shares at $36.94 per share price. On Dec 3, 2015, Thomas Jr Bradley (EVP, Retail Distribution) sold 36,682 shares at $36.52 per share price, according to the Form-4 filing with the securities and exchange commission.
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 Companys client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.