Gulf International Bank UK Ltd Has $3.151 Million Position in TD Ameritrade Holding Corp. (AMTD)

Gulf International Bank UK Ltd increased its position in shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) by 1.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,088 shares of the financial services provider’s stock after buying an additional 1,200 shares during the period. Gulf International Bank UK Ltd’s holdings in TD Ameritrade Holding Corp. were worth $3,151,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Van ECK Associates Corp raised its stake in shares of TD Ameritrade Holding Corp. by 9.7% in the fourth quarter. Van ECK Associates Corp now owns 3,366 shares of the financial services provider’s stock valued at $147,000 after buying an additional 297 shares during the period. Trexquant Investment LP acquired a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter valued at $201,000. Pitcairn Co. acquired a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter valued at $205,000. Numeric Investors LLC acquired a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter valued at $205,000. Finally, Letko Brosseau & Associates Inc. acquired a new stake in shares of TD Ameritrade Holding Corp. during the fourth quarter valued at $218,000. 88.69% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for TD Ameritrade Holding Corp. (NASDAQ:AMTD)

TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 38.66 on Friday. TD Ameritrade Holding Corp. has a 52 week low of $26.37 and a 52 week high of $47.41. The firm has a 50 day moving average price of $38.60 and a 200 day moving average price of $40.42. The stock has a market capitalization of $20.41 billion, a P/E ratio of 24.16 and a beta of 1.63.

TD Ameritrade Holding Corp. (NASDAQ:AMTD) last released its earnings results on Wednesday, April 19th. The financial services provider reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by $0.01. TD Ameritrade Holding Corp. had a return on equity of 16.21% and a net margin of 25.09%. The firm had revenue of $904 million for the quarter, compared to analyst estimates of $882.25 million. During the same period last year, the business earned $0.38 earnings per share. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. Equities research analysts predict that TD Ameritrade Holding Corp. will post $1.67 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 16th. Investors of record on Tuesday, May 2nd will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Friday, April 28th. TD Ameritrade Holding Corp.’s dividend payout ratio (DPR) is presently 45.28%.

WARNING: This news story was first posted by sleekmoney and is owned by of sleekmoney. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://sleekmoney.com/gulf-international-bank-uk-ltd-has-3-151-million-position-in-td-ameritrade-holding-corp-amtd/1752319.html.

Several equities research analysts have recently weighed in on AMTD shares. SunTrust Banks, Inc. cut their target price on TD Ameritrade Holding Corp. to $48.00 in a research report on Wednesday, March 1st. Instinet raised TD Ameritrade Holding Corp. from a “neutral” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Friday, January 6th. Nomura raised TD Ameritrade Holding Corp. from a “neutral” rating to a “buy” rating in a research report on Thursday, January 5th. Zacks Investment Research raised TD Ameritrade Holding Corp. from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research report on Tuesday, December 27th. Finally, Credit Suisse Group AG reissued a “buy” rating and set a $48.00 target price on shares of TD Ameritrade Holding Corp. in a research report on Friday, March 10th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $42.17.

In related news, Director Joseph H. Moglia sold 20,000 shares of TD Ameritrade Holding Corp. stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of $39.18, for a total transaction of $783,600.00. Following the sale, the director now directly owns 190,000 shares of the company’s stock, valued at $7,444,200. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.42% of the stock is owned by company insiders.

About TD Ameritrade Holding Corp.

TD Ameritrade Holding Corporation 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.

5 Day Chart for NASDAQ:AMTD

Want to see what other hedge funds are holding AMTD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TD Ameritrade Holding Corp. (NASDAQ:AMTD).

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/gulf-international-bank-uk-ltd-has-3-151-million-position-in-td-ameritrade-holding-corp-amtd/1752319.html

Receive News & Ratings for TD Ameritrade Holding Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TD Ameritrade Holding Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *