The Charles Schwab Co. (NYSE:SCHW) Chairman Charles R. Schwab sold 200,000 shares of the stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $44.29, for a total transaction of $8,858,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

The Charles Schwab Co. (NYSE:SCHW) traded up $0.27 during trading hours on Monday, reaching $44.27. 4,512,000 shares of the company’s stock were exchanged, compared to its average volume of 7,115,542. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.30 and a current ratio of 0.31. The stock has a market capitalization of $59,060.00, a P/E ratio of 28.38, a P/E/G ratio of 1.88 and a beta of 1.74. The Charles Schwab Co. has a 12 month low of $34.85 and a 12 month high of $46.21.

The Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.01. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.18 billion. The Charles Schwab had a net margin of 27.36% and a return on equity of 15.40%. The Charles Schwab’s revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 earnings per share. research analysts anticipate that The Charles Schwab Co. will post 1.62 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Friday, November 10th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date is Thursday, November 9th. The Charles Schwab’s dividend payout ratio is presently 20.51%.

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Several analysts have recently commented on the stock. BidaskClub upgraded shares of The Charles Schwab from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 10th. Barclays PLC upped their price objective on shares of The Charles Schwab from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Tuesday, October 10th. Deutsche Bank AG upped their price objective on shares of The Charles Schwab from $46.00 to $47.00 and gave the company a “hold” rating in a research note on Wednesday, October 25th. Morgan Stanley upped their price objective on shares of The Charles Schwab from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Thursday, October 5th. Finally, Nomura downgraded shares of The Charles Schwab from a “buy” rating to a “neutral” rating in a research note on Monday, July 24th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The Charles Schwab presently has a consensus rating of “Buy” and a consensus price target of $47.07.

Hedge funds have recently modified their holdings of the company. American Century Companies Inc. raised its stake in shares of The Charles Schwab by 19.4% in the 2nd quarter. American Century Companies Inc. now owns 4,139,650 shares of the financial services provider’s stock valued at $177,839,000 after acquiring an additional 673,011 shares during the period. Principal Financial Group Inc. raised its stake in shares of The Charles Schwab by 17.3% in the 2nd quarter. Principal Financial Group Inc. now owns 3,100,144 shares of the financial services provider’s stock valued at $133,182,000 after acquiring an additional 457,591 shares during the period. Cubist Systematic Strategies LLC raised its stake in shares of The Charles Schwab by 317.6% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 51,701 shares of the financial services provider’s stock valued at $2,221,000 after acquiring an additional 39,321 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of The Charles Schwab by 1.6% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,417,577 shares of the financial services provider’s stock valued at $103,859,000 after acquiring an additional 38,306 shares during the period. Finally, CIBC World Markets Inc. purchased a new position in shares of The Charles Schwab in the 2nd quarter valued at $282,000. 79.41% of the stock is currently owned by institutional investors and hedge funds.

About The Charles Schwab

The Charles Schwab Corporation (CSC) is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services.

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

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