Greenhaven Associates Inc Exits Position in TD Ameritrade Holding Corp. (AMTD)

TD Ameritrade Holding Corp. (AMTD) : Greenhaven Associates Inc has sold out all of its stake in TD Ameritrade Holding Corp. during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 6,940 shares of TD Ameritrade Holding Corp. which is valued at $208,478.

Other Hedge Funds, Including , Utah Retirement Systems reduced its stake in AMTD by selling 2,600 shares or 5.43% in the most recent quarter. The Hedge Fund company now holds 45,301 shares of AMTD which is valued at $1,360,842. TD Ameritrade Holding Corp. makes up approx 0.04% of Utah Retirement Systems’s portfolio. Fulton Breakefield Broenniman added AMTD to its portfolio by purchasing 147,476 company shares during the most recent quarter which is valued at $4,430,179. TD Ameritrade Holding Corp. makes up approx 0.89% of Fulton Breakefield Broenniman’s portfolio.Strs Ohio reduced its stake in AMTD by selling 407,904 shares or 95.44% in the most recent quarter. The Hedge Fund company now holds 19,498 shares of AMTD which is valued at $595,664.British Columbia Investment Management Corp boosted its stake in AMTD in the latest quarter, The investment management firm added 93,031 additional shares and now holds a total of 270,527 shares of TD Ameritrade Holding Corp. which is valued at $7,544,998. TD Ameritrade Holding Corp. makes up approx 0.07% of British Columbia Investment Management Corp’s portfolio.

TD Ameritrade Holding Corp. closed down -0.14 points or -0.45% at $31.22 with 13,55,533 shares getting traded on Monday. Post opening the session at $31.45, the shares hit an intraday low of $31.19 and an intraday high of $31.71 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, TD Ameritrade Holding Corp. reported $0.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $0.38. The company had revenue of $838.00 million for the quarter, compared to analysts expectations of $829.85 million. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.

Many Wall Street Analysts have commented on TD Ameritrade Holding Corp.. Deutsche Bank Downgraded TD Ameritrade Holding Corp. on Jul 20, 2016 to ” Hold”, Price Target of the shares are set at $31.TD Ameritrade Holding Corp. was Downgraded by BofA/Merrill to ” Neutral” on Jun 28, 2016.

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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