Investors Sell Charles Schwab (SCHW) on Strength (SCHW)

Investors sold shares of Charles Schwab Co. (NYSE:SCHW) on strength during trading hours on Friday. $93.59 million flowed into the stock on the tick-up and $142.02 million flowed out of the stock on the tick-down, for a money net flow of $48.43 million out of the stock. Of all companies tracked, Charles Schwab had the 4th highest net out-flow for the day. Charles Schwab traded up $1.31 for the day and closed at $54.99

SCHW has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Charles Schwab from a “hold” rating to a “strong-buy” rating and set a $60.00 price target on the stock in a research report on Friday, January 5th. Wells Fargo restated a “market perform” rating and issued a $55.00 price target (up from $47.00) on shares of Charles Schwab in a research report on Thursday, January 4th. SunTrust Banks restated a “buy” rating and issued a $63.00 price target (up from $56.00) on shares of Charles Schwab in a research report on Tuesday, December 26th. Deutsche Bank decreased their price target on shares of Charles Schwab from $55.00 to $54.00 and set a “hold” rating on the stock in a research report on Friday, April 6th. Finally, Credit Suisse Group restated a “buy” rating and issued a $64.00 price target (up from $55.00) on shares of Charles Schwab in a research report on Friday, January 12th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. Charles Schwab currently has a consensus rating of “Hold” and a consensus target price of $54.67.

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The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.30 and a current ratio of 0.31. The stock has a market cap of $70,258.95, a price-to-earnings ratio of 33.53, a PEG ratio of 1.26 and a beta of 1.55.



Charles Schwab (NYSE:SCHW) last issued its earnings results on Monday, April 16th. The financial services provider reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.01. Charles Schwab had a net margin of 28.80% and a return on equity of 17.20%. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.38 billion. During the same period in the previous year, the business earned $0.39 EPS. The firm’s revenue was up 15.2% on a year-over-year basis. equities research analysts expect that Charles Schwab Co. will post 2.44 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 25th. Stockholders of record on Friday, May 11th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.73%. Charles Schwab’s dividend payout ratio (DPR) is currently 24.39%.

In other Charles Schwab news, EVP Terri R. Kallsen sold 2,026 shares of the business’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $51.94, for a total value of $105,230.44. Following the transaction, the executive vice president now directly owns 1,706 shares in the company, valued at $88,609.64. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman Charles R. Schwab sold 240,000 shares of the business’s stock in a transaction dated Wednesday, January 24th. The shares were sold at an average price of $55.13, for a total transaction of $13,231,200.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 622,854 shares of company stock worth $33,783,971. 11.50% of the stock is owned by company insiders.

A number of large investors have recently added to or reduced their stakes in SCHW. BlackRock Inc. boosted its position in Charles Schwab by 5.2% in the fourth quarter. BlackRock Inc. now owns 79,858,312 shares of the financial services provider’s stock valued at $4,102,323,000 after buying an additional 3,943,376 shares in the last quarter. Maverick Capital Ltd. acquired a new position in Charles Schwab in the fourth quarter valued at about $161,834,000. Amundi Pioneer Asset Management Inc. boosted its position in Charles Schwab by 40.7% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 6,879,265 shares of the financial services provider’s stock valued at $353,386,000 after buying an additional 1,991,425 shares in the last quarter. Atlantic Trust Group LLC boosted its position in Charles Schwab by 851.8% in the third quarter. Atlantic Trust Group LLC now owns 1,492,315 shares of the financial services provider’s stock valued at $65,274,000 after buying an additional 1,335,522 shares in the last quarter. Finally, WCM Investment Management CA boosted its position in Charles Schwab by 124.8% in the fourth quarter. WCM Investment Management CA now owns 2,207,060 shares of the financial services provider’s stock valued at $113,378,000 after buying an additional 1,225,146 shares in the last quarter. Hedge funds and other institutional investors own 80.58% of the company’s stock.

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Charles Schwab Company Profile

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor, retirement plan, and mutual fund clearing services.

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