The Charles Schwab Corporation (NYSE:SCHW) Chairman Sells $226,810.70 in Stock

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The Charles Schwab Corporation logoThe Charles Schwab Corporation (NYSE:SCHW) Chairman Charles R. Schwab bought 5,065 shares of the inventory in a transaction that occurred on Thursday, October 26th. The shares have been bought at a mean value of $44.78, for a complete worth of $226,810.70. The transaction was disclosed in a authorized submitting with the SEC, which is accessible at this hyperlink.

Shares of The Charles Schwab Corporation (SCHW) opened at $44.27 on Friday. The Charles Schwab Corporation has a 1 yr low of $34.85 and a 1 yr excessive of $46.21. The firm has a market capitalization 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 firm has a debt-to-equity ratio of zero.21, a fast ratio of zero.31 and a present ratio of zero.31.

The Charles Schwab Corporation (NYSE:SCHW) final introduced its quarterly earnings information on Wednesday, October 18th. The monetary providers supplier reported $zero.42 EPS for the quarter, topping the Zacks’ consensus estimate of $zero.41 by $zero.01. The Charles Schwab Corporation had a return on fairness of 15.77% and a web margin of 27.30%. The agency had income of $2.17 billion through the quarter, in comparison with badyst estimates of $2.18 billion. During the identical interval final yr, the corporate posted $zero.35 EPS. The enterprise’s quarterly income was up 13.1% in comparison with the identical quarter final yr. equities badysts predict that The Charles Schwab Corporation will put up 1.62 earnings per share for the present fiscal yr.

The firm additionally lately declared a quarterly dividend, which will probably be paid on Friday, November 24th. Stockholders of document 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 dividend yield of zero.72%. The ex-dividend date of this dividend is Thursday, November ninth. The Charles Schwab Corporation’s dividend payout ratio (DPR) is presently 20.51%.

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Several institutional buyers and hedge funds have lately purchased and bought shares of SCHW. Waldron LP raised its stake in shares of The Charles Schwab Corporation by 23.9% through the 1st quarter. Waldron LP now owns 9,339 shares of the monetary providers supplier’s inventory value $381,00zero after buying an extra 1,799 shares within the final quarter. Montag & Caldwell LLC bought a brand new stake in shares of The Charles Schwab Corporation through the 1st quarter value about $44,116,00zero. AXA raised its stake in shares of The Charles Schwab Corporation by 6.zero% through the 1st quarter. AXA now owns 363,655 shares of the monetary providers supplier’s inventory value $14,841,00zero after buying an extra 20,461 shares within the final quarter. Boston Private Wealth LLC raised its stake in shares of The Charles Schwab Corporation by three.1% within the 1st quarter. Boston Private Wealth LLC now owns 431,734 shares of the monetary providers supplier’s inventory valued at $17,619,00zero after buying an extra 12,793 shares within the final quarter. Finally, Municipal Employees Retirement System of Michigan raised its stake in shares of The Charles Schwab Corporation by 1.1% within the 1st quarter. Municipal Employees Retirement System of Michigan now owns 38,930 shares of the monetary providers supplier’s inventory valued at $1,589,00zero after buying an extra 440 shares within the final quarter. 79.56% of the inventory is owned by institutional buyers.

Several equities badysts lately issued studies on the corporate. BidaskClub upgraded The Charles Schwab Corporation from a “buy” ranking to a “strong-buy” ranking in a badysis be aware on Tuesday, October 10th. Barclays PLC elevated their goal value on The Charles Schwab Corporation from $48.00 to $51.00 and gave the inventory an “overweight” ranking in a badysis report on Tuesday, October 10th. Deutsche Bank AG elevated their goal value on The Charles Schwab Corporation from $46.00 to $47.00 and gave the inventory a “hold” ranking in a badysis report on Wednesday, October 25th. Morgan Stanley elevated their goal value on The Charles Schwab Corporation from $51.00 to $53.00 and gave the inventory an “overweight” ranking in a badysis report on Thursday, October fifth. Finally, Nomura lowered The Charles Schwab Corporation from a “buy” ranking to a “neutral” ranking in a badysis report on Monday, July 24th. Six funding badysts have rated the inventory with a maintain ranking and eleven have badigned a purchase ranking to the corporate. The Charles Schwab Corporation has a consensus ranking of “Buy” and a consensus value goal of $47.07.

The Charles Schwab Corporation Company Profile

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 providers. The Company offers monetary providers to people and institutional purchasers by means of two segments: Investor Services and Advisor Services.

Insider Buying and Selling by Quarter for The Charles Schwab Corporation (NYSE:SCHW)




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