Korea Investment CORP Has $55.92 Million Holdings in The Charles Schwab Corporation (NYSE:SCHW)

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The Charles Schwab Corporation logoKorea Investment CORP decreased its place in The Charles Schwab Corporation (NYSE:SCHW) by three.zero% within the third quarter, in accordance with its most up-to-date Form 13F submitting with the SEC. The institutional investor owned 1,278,481 shares of the monetary companies supplier’s inventory after promoting 39,400 shares through the interval. Korea Investment CORP owned about zero.10% of The Charles Schwab Corporation price $55,921,00zero on the finish of the latest quarter.

Quite a few different institutional traders and hedge funds have additionally lately added to or diminished their stakes in SCHW. WealthTrust Arizona LLC elevated its stake in shares of The Charles Schwab Corporation by 1.2% through the second quarter. WealthTrust Arizona LLC now owns 2,466 shares of the monetary companies supplier’s inventory price $106,00zero after buying a further 29 shares within the final quarter. Lowe Brockenbrough & Co. Inc. boosted its holdings in The Charles Schwab Corporation by zero.9% within the 2nd quarter. Lowe Brockenbrough & Co. Inc. now owns 6,770 shares of the monetary companies supplier’s inventory valued at $291,00zero after buying a further 62 shares over the last quarter. Norway Savings Bank raised its stake in shares of The Charles Schwab Corporation by zero.7% within the 2nd quarter. Norway Savings Bank now owns 9,583 shares of the monetary companies supplier’s inventory valued at $412,00zero after buying a further 63 shares through the interval. Atria Investments LLC raised its stake in shares of The Charles Schwab Corporation by zero.four% within the 2nd quarter. Atria Investments LLC now owns 15,zero25 shares of the monetary companies supplier’s inventory valued at $645,00zero after buying a further 65 shares through the interval. Finally, Guardian Life Insurance Co. of America raised its stake in shares of The Charles Schwab Corporation by 1.5% within the 1st quarter. Guardian Life Insurance Co. of America now owns four,692 shares of the monetary companies supplier’s inventory valued at $191,00zero after buying a further 70 shares through the interval. 79.56% of the inventory is owned by institutional traders.

Shares of The Charles Schwab Corporation (SCHW) traded up $zero.27 throughout buying and selling on Friday, hitting $44.27. four,512,00zero shares of the inventory traded fingers, in comparison with its common quantity of seven,115,542. The Charles Schwab Corporation has a fifty-two week low of $34.85 and a fifty-two week excessive of $46.21. The firm has a debt-to-equity ratio of zero.21, a fast ratio of zero.31 and a present ratio of zero.31. The agency has a market cap of $58,985.35, a PE ratio of 28.20, a price-to-earnings-growth ratio of 1.87 and a beta of 1.74.

The Charles Schwab Corporation (NYSE:SCHW) final issued its quarterly earnings outcomes on Wednesday, October 18th. The monetary companies supplier reported $zero.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $zero.41 by $zero.01. The agency had income of $2.17 billion through the quarter, in comparison with badysts’ expectations of $2.18 billion. The Charles Schwab Corporation had a internet margin of 27.30% and a return on fairness of 15.77%. The Charles Schwab Corporation’s quarterly income was up 13.1% in comparison with the identical quarter final 12 months. During the identical quarter within the prior 12 months, the enterprise earned $zero.35 EPS. badysts anticipate that The Charles Schwab Corporation will submit 1.62 earnings per share for the present 12 months.

The agency additionally lately declared a quarterly dividend, which will probably be paid on Friday, November 24th. Investors of file on Friday, November 10th will probably be paid a dividend of $zero.08 per share. This represents a $zero.32 dividend on an annualized foundation and a yield of zero.72%. The ex-dividend date is Thursday, November ninth. The Charles Schwab Corporation’s dividend payout ratio is at the moment 20.51%.

In different information, EVP Bernard J. Clark offered 75,244 shares of the agency’s inventory in a transaction on Wednesday, September 27th. The shares had been offered at a mean value of $43.98, for a complete worth of $three,309,231.12. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which is on the market on the SEC web site. Also, insider Marie A. Chandoha offered 6,zero18 shares of the agency’s inventory in a transaction on Wednesday, September 27th. The inventory was offered at a mean value of $44.06, for a complete transaction of $265,153.08. The disclosure for this sale might be discovered right here. In the final quarter, insiders have offered 373,095 shares of firm inventory valued at $16,694,240. 12.00% of the inventory is owned by firm insiders.

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Quite a few equities badysis badysts have lately issued experiences on SCHW shares. BidaskClub raised shares of The Charles Schwab Corporation from a “hold” score to a “buy” score in a badysis word on Tuesday, September 26th. Keefe, Bruyette & Woods reissued a “buy” score and issued a $47.00 value goal on shares of The Charles Schwab Corporation in a badysis word on Friday, September 15th. Jefferies Group LLC reissued a “buy” score and issued a $49.00 value goal on shares of The Charles Schwab Corporation in a badysis word on Friday, September 15th. Argus reissued a “buy” score and issued a $48.00 value goal (up from $46.00) on shares of The Charles Schwab Corporation in a badysis word on Friday, July 21st. Finally, Deutsche Bank AG boosted their value goal on shares of The Charles Schwab Corporation from $46.00 to $47.00 and gave the corporate a “hold” score in a badysis word on Wednesday, October 25th. Six badysis badysts have rated the inventory with a maintain score and eleven have given a purchase score to the corporate. The inventory presently has a consensus score of “Buy” and a mean goal value of $47.07.

About The Charles Schwab Corporation

The Charles Schwab Corporation (CSC) is a financial savings and mortgage holding firm. The Company, by means of its subsidiaries, engages in wealth administration, securities brokerage, banking, cash administration and monetary advisory companies. The Company gives monetary companies to people and institutional shoppers by means of two segments: Investor Services and Advisor Services.

Institutional Ownership by Quarter for The Charles Schwab Corporation (NYSE:SCHW)

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