Traders sold shares of The Charles Schwab Corporation (NYSE:SCHW) on strength during trading on Friday. $88.51 million flowed into the stock on the tick-up and $119.55 million flowed out of the stock on the tick-down, for a money net flow of $31.04 million out of the stock. Of all stocks tracked, The Charles Schwab had the 0th highest net out-flow for the day. The Charles Schwab traded up $0.71 for the day and closed at $49.50

A number of brokerages have recently issued reports on SCHW. BidaskClub downgraded The Charles Schwab from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $47.00 target price on shares of The Charles Schwab in a research note on Friday, September 15th. Credit Suisse Group began coverage on The Charles Schwab in a research note on Thursday. They set an “outperform” rating and a $55.00 target price for the company. Jefferies Group reissued a “buy” rating and set a $49.00 target price on shares of The Charles Schwab in a research note on Friday, September 15th. Finally, Barclays began coverage on The Charles Schwab in a research note on Friday, September 8th. They set an “overweight” rating and a $48.00 target price for the company. Six investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $47.56.

The firm has a market cap of $66,290.00, a P/E ratio of 30.22, a price-to-earnings-growth ratio of 2.00 and a beta of 1.74. The company has a current ratio of 0.31, a quick ratio of 0.30 and a debt-to-equity ratio of 0.21.

The Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.01. The Charles Schwab had a return on equity of 15.77% and a net margin of 27.30%. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period last year, the business posted $0.35 EPS. The Charles Schwab’s quarterly revenue was up 13.1% on a year-over-year basis. research analysts predict that The Charles Schwab Corporation will post 1.62 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Friday, November 10th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend was Thursday, November 9th. The Charles Schwab’s payout ratio is currently 20.51%.

In other The Charles Schwab news, CFO Peter B. Crawford sold 1,063 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $44.64, for a total transaction of $47,452.32. Following the sale, the chief financial officer now owns 11,302 shares in the company, valued at approximately $504,521.28. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Marie A. Chandoha sold 6,018 shares of the stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $44.06, for a total value of $265,153.08. The disclosure for this sale can be found here. Insiders sold a total of 1,558,339 shares of company stock valued at $71,645,892 over the last ninety days. 12.00% of the stock is currently owned by company insiders.

A number of large investors have recently made changes to their positions in SCHW. Capital Research Global Investors grew its holdings in The Charles Schwab by 86.3% during the 2nd quarter. Capital Research Global Investors now owns 24,237,199 shares of the financial services provider’s stock valued at $1,041,230,000 after buying an additional 11,224,199 shares during the last quarter. Janus Henderson Group PLC grew its holdings in The Charles Schwab by 1,766.9% during the 2nd quarter. Janus Henderson Group PLC now owns 9,357,736 shares of the financial services provider’s stock valued at $402,011,000 after buying an additional 8,856,483 shares during the last quarter. FMR LLC grew its holdings in The Charles Schwab by 11.3% during the 2nd quarter. FMR LLC now owns 30,766,004 shares of the financial services provider’s stock valued at $1,321,708,000 after buying an additional 3,128,532 shares during the last quarter. Vanguard Group Inc. grew its holdings in The Charles Schwab by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 81,925,586 shares of the financial services provider’s stock valued at $3,519,523,000 after buying an additional 2,536,947 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. grew its holdings in The Charles Schwab by 90.2% during the 3rd quarter. Amundi Pioneer Asset Management Inc. now owns 4,887,840 shares of the financial services provider’s stock valued at $213,794,000 after buying an additional 2,318,498 shares during the last quarter. Hedge funds and other institutional investors own 79.84% of the company’s stock.

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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.

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