Traders are more bullish on the company recently at least if you consider the change in short interest. The firm saw a fall in short interest of -19.04% as of October 13, 2017 from the last reporting period. Short shares fell from 11,353,045 to 9,191,781 over that period. The short-interest ratio decreased to 4.0 and the percentage of shorted shares is 0.02% as of October 13.
Here are a few substantial investment firms who have updated their positions. Handelsbanken Fonder Ab added to its holdings by buying 80,000 shares an increase of 36.4% as of 09/30/2017. Handelsbanken Fonder Ab controls 300,000 shares valued at $14,640,000. The total value of its holdings increased 54.8%. Korea Investment Corp downsized its investment by shedding 2,800 shares a decrease of 0.7%. Korea Investment Corp owns 391,913 shares with a value of $19,125,000. The value of the position overall is up by 12.7%.
As of quarter end Simplex Trading, LLC had sold 38,515 shares trimming its stake by 73.4%. The value of the investment in AMTD decreased from $2,254,000 to $679,000 decreasing 69.9% quarter over quarter. As of the end of the quarter Andra Ap-fonden had disposed of a total of 25,800 shares trimming its holdings by 40.2%. The value in dollars went from $2,756,000 to $1,869,000 a change of 32.2% for the reporting period.
July 25 investment analysts at Morgan Stanley kept the stock rating at “Equal-Weight” and raised the price expectation to $43.00 from $34.00. On October 5 Morgan Stanley maintained a company rating of “Equal-Weight” but raised the price expectation from $43.00 to $47.00.
On October 9 the stock rating was downgraded to “Neutral” from “Buy” and a price target of $52.00 was set in a report issued by Bank of America. On October 23 Morgan Stanley left the stock rating at “Equal-Weight” but raised the price target to $50.00 from $47.00.
On October 25 Bank of America made no change to the stock rating of “Hold” but moved up the price target from $52.00 to $53.00. On October 25 Deutsche Bank made no change to the company rating of “Hold” and raised the price target to $53.00 from $34.00.
The company is now up from yesterday’s close of $49.99. TD Ameritrade Holding Corporati also recently announced a dividend that will be paid on Tuesday the 21st of November 2017. The dividend will be $0.210 per share for the quarter which comes to $0.84 on an annualized basis. The dividend yield will be $1.66. The ex-dividend date is Friday the 28th of July 2017.
Shares are trading at $49.99 which is just over the 50 day moving average of $47.90 and well above the 200 day moving average of $43.20. The 50 day moving average was up $2.09 and the 200 day average moved up $6.79.
The P/E ratio is 31.24 and the market cap is 26.40B. In the latest earnings report the EPS was $1.60 and is estimated to be $2.24 for the current year with 528,149,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.52 and the next full year EPS is projected to be $2.90.
TD Ameritrade Holding Corporation, launched on April 1, 2002, 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. The Business’s products and services 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 Company uses its platform to offer brokerage services to retail investors and investment advisors. In addition, it also offers various products and services 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 Company offers a nationwide network of over 100 retail branches, located primarily in metropolitan areas..