Credit Suisse Upgrades TD Ameritrade Holding Corp. to Outperform

Brokerage firm Credit Suisse Upgrades its rating on TD Ameritrade Holding Corp.(AMTD). The shares have been rated Outperform. Previously, the analysts had a Neutral rating on the shares. The rating by Credit Suisse was issued on Feb 3, 2017.

TD Ameritrade Holding Corp. (AMTD) shares turned negative on Tuesdays trading session with the shares closing down -0.15 points or -0.36% at a volume of 29,84,821. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $42.375. The peak price level was also seen at $42.375 while the days lowest was $41.78. Finally the shares closed at $41.96. The 52-week high of the shares is $47.41 while the 52-week low is $24.88. According to the latest information available, the market cap of the company is $22,136 M.

TD Ameritrade Holding Corp.(AMTD) last announced its earnings results on Jan 18, 2017 for Fiscal Year 2017 and Q1.Company reported revenue of $859.000M. Analysts had an estimated revenue of $840.620M. Earnings per share were $0.41. Analysts had estimated an EPS of $0.4.

Several Insider Transactions has been reported to the SEC. On Jan 30, 2017, Joseph H Moglia (director) sold 20,000 shares at $47.00 per share price.Also, On Nov 28, 2016, Steven M. Quirk (EVP, Trader Group) sold 26,000 shares at $40.57 per share price.On Nov 22, 2016, Ellen L S Koplow (EVP, General Counsel and Sec.) sold 41,246 shares at $36.40 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 Company’s client offerings are primarily provided through Trading and Investing Platforms and Other Offerings.

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