The Charles Schwab Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Goldfarb Mark A has acquired 1,850 shares of The Charles Schwab Corporation (SCHW) in trading session dated April. 27, 2017. The fund owned 503,919 shares of the financial services provider's stock after selling 148,706 shares during the period. $53,962 worth of Charles Schwab Corp (NYSE:SCHW) was sold by Chandoha Marie A.
A number of institutional investors have recently modified their holdings of SCHW. DnB Asset Management AS raised its position in Charles Schwab Corp by 2.9% in the third quarter. Rehmann Capital Advisory Group's holdings in Charles Schwab Corp were worth $399,000 at the end of the most recent quarter. The Stock now has the market capitalization of $1.32 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 3.28% and monthly volatility of 3.70% respectively. Commonwealth Equity Services Inc boosted its position in shares of Charles Schwab Corp by 4.5% in the third quarter. To measure price-variation, we found SCHW's volatility during a week at 1.49% and during a month it has been found around 1.78%. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Bank of America Corp reiterated a "buy" rating and issued a $47.00 target price on shares of Charles Schwab Corp in a research note on Friday, March 3rd. Tower Bridge Advisors now owns 280,322 shares of the financial services provider's stock worth $8,850,000 after buying an additional 21,883 shares during the last quarter.
The Charles Schwab Corporation (NYSE:SCHW) market capitalization at present is $54.77B at the rate of $40.54 a share. The firm has a 50 day moving average of $39.59 and a 200-day moving average of $39.66. The company has a market cap of $50.97 billion, a PE ratio of 27.04 and a beta of 1.78. The stock of Charles Schwab Corp (NYSE:SCHW) has "Overweight" rating given on Monday, September 26 by Morgan Stanley. The analysts estimated mean EPS at 0.41 while the high and low EPS estimate stand at 0.43 and 0.39 respectively. $642,228 worth of Charles Schwab Corp (NYSE:SCHW) was sold by Goldfarb Mark A on Monday, February 13. The firm earned "Market Perform" rating on Tuesday, September 1 by Raymond James. The firm's revenue for the quarter was up 18.0% compared to the same quarter past year. On Thursday, December 1 Bettinger Walter W sold $7.75 million worth of Charles Schwab Corp (NYSE:SCHW) or 196,592 shares.
However, it could also mean that something is fundamentally wrong with the company. Insiders own 0.70% of the company shares. The ex-dividend date of this dividend is Wednesday, May 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.84%.
Now the P/E of The Charles Schwab Corporation stands at 27.19. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and global copyright & trademark legislation. The legal version of this article can be viewed at https://www.themarketsdaily.com/2017/05/17/charles-schwab-corp-schw-announces-quarterly-earnings-results-updated-updated.html. Charles Schwab had 51 analyst reports since August 11, 2015 according to SRatingsIntel. SunTrust Banks, Inc. dropped their price target on Charles Schwab Corp from $45.00 to $44.00 and set a "buy" rating on the stock in a research report on Wednesday, April 19th. After $0.39 actual EPS reported by Charles Schwab Corp for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock has "Buy" rating by Deutsche Bank on Friday, January 8. UBS maintained Charles Schwab Corp (NYSE:SCHW) rating on Friday, October 16. The stock of Charles Schwab Corp (NYSE:SCHW) earned "Overweight" rating by Barclays Capital on Tuesday, December 8. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Shares for $30.68M were sold by SCHWAB CHARLES R. Another trade for 13,000 shares valued at $504,665 was made by Murtagh Nigel J on Wednesday, November 23. The shares were sold at an average price of $38.57, for a total transaction of $580,709.92. Its book value per share for the most recent quarter is $10.63 while its price to book ratio for the same period is 3.83, as for as the company's cash per share for the most recent quarter is $7.01, however its price to cash per share ratio for the same period is 5.8.