Today’s Stock Alert: Schwab Charles Corp (NYSE:SCHW) Institutional Investors Sentiment Unchanged in Q2 2016

November 25, 2016 - By Vivian Park   ·   0 Comments

Today's Stock Alert: Schwab Charles Corp (NYSE:SCHW) Institutional Investors Sentiment Unchanged in  Q2 2016

Sentiment for Schwab Charles Corp (NYSE:SCHW)

Schwab Charles Corp (NYSE:SCHW) institutional sentiment decreased to 1.05 in 2016 Q2. Its down -0.24, from 1.29 in 2016Q1. The ratio turned negative, as 349 active investment managers increased or started new equity positions, while 270 sold and reduced their equity positions in Schwab Charles Corp. The active investment managers in our partner’s database reported: 1.00 billion shares, down from 1.02 billion shares in 2016Q1. Also, the number of active investment managers holding Schwab Charles Corp in their top 10 equity positions decreased from 29 to 20 for a decrease of 9. Sold All: 56 Reduced: 214 Increased: 275 New Position: 74.

The Charles Schwab Corporation is a savings and loan holding company. The company has a market cap of $52.69 billion. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. It has a 31.44 P/E ratio. The Firm provides financial services to individuals and institutional clients through two divisions: Investor Services and Advisor Services.

About 2.17M shares traded hands. Charles Schwab Corp (NYSE:SCHW) has risen 31.59% since April 22, 2016 and is uptrending. It has outperformed by 26.19% the S&P500.

Analysts await Charles Schwab Corp (NYSE:SCHW) to report earnings on January, 17. They expect $0.35 earnings per share, up 40.00% or $0.10 from last year’s $0.25 per share. SCHW’s profit will be $474.56M for 27.76 P/E if the $0.35 EPS becomes a reality. After $0.34 actual earnings per share reported by Charles Schwab Corp for the previous quarter, Wall Street now forecasts 2.94% EPS growth.

According to Zacks Investment Research, “Charles Schwab Corp. provides a full-service investing experience to customers through a clicks and mortar multi-dimensional, five channel offering of the Internet, branch offices, speech recognition, touch-tone telephone, e-mail and wireless technologies, multilingual and international services, and direct access to professionals day or night.”

Theleme Partners Llp holds 24.24% of its portfolio in Charles Schwab Corp for 12.75 million shares. Allen Operations Llc owns 561,968 shares or 17.76% of their US portfolio. Moreover, Brave Warrior Advisors Llc has 13.17% invested in the company for 9.30 million shares. The Florida-based Sq Advisors Llc has invested 12.39% in the stock. Triple Frond Partners Llc, a Washington-based fund reported 3.00 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 buy, and 19 sales for $94.87 million net activity.

Charles Schwab Corp (NYSE:SCHW) Ratings Coverage

Ratings analysis reveals 86% of Charles Schwab’s analysts are positive. Out of 14 Wall Street analysts rating Charles Schwab, 12 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $28 while the high is $39.0. The stock’s average target of $33.94 is -12.66% below today’s ($38.86) share price. SCHW was included in 43 notes of analysts from August 11, 2015. JP Morgan upgraded the shares of SCHW in a report on Tuesday, September 8 to “Overweight” rating. The stock has “Neutral” rating given by Bank of America on Wednesday, January 13. Barclays Capital maintained Charles Schwab Corp (NYSE:SCHW) rating on Tuesday, August 9. Barclays Capital has “Overweight” rating and $34 price target. The stock has “Overweight” rating given by JP Morgan on Thursday, April 14. CLSA maintained the shares of SCHW in a report on Thursday, September 22 with “Outperform” rating. Deutsche Bank maintained the shares of SCHW in a report on Monday, July 18 with “Buy” rating. The company was maintained on Monday, July 11 by Nomura. Deutsche Bank maintained Charles Schwab Corp (NYSE:SCHW) rating on Thursday, March 17. Deutsche Bank has “Buy” rating and $33 price target. The firm has “Buy” rating given on Friday, September 18 by Deutsche Bank. The stock of Charles Schwab Corp (NYSE:SCHW) earned “Buy” rating by UBS on Friday, October 16.

SCHW Company Profile

The Charles Schwab Corporation (CSC), incorporated on November 25, 1986, 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 Firm provides financial services to individuals and institutional clients through two divisions: Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services and other corporate brokerage services. The Advisor Services segment provides custodial, trading, and support services as well as retirement business services. The Firm offers a range of products to address individuals’ varying investment and financial needs. The Company’s product offerings include brokerage, mutual funds, exchange-traded funds (ETFs), advice solutions, banking and trust. It offer an array of brokerage accounts with cash management capabilities. The Firm offers third-party mutual funds through the Mutual Fund Marketplace, including no-transaction fee mutual funds through the Mutual Fund OneSource service, which also includes proprietary mutual funds, plus mutual fund trading and clearing services to broker-dealers. CSC offers a range of ETFs, including proprietary and third-party ETFs available without a commission through Schwab ETF OneSource. The Company’s Advice solutions comprises managed portfolios of both proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and full-time portfolio management. The Company’s Banking services comprise checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans (First Mortgages), home equity loans and lines of credit (HELOCs) and Pledged Asset Lines (PALs). The Company’s Trust services include trust custody services, personal trust reporting services and administrative trustee services.

More news for Charles Schwab Corp (NYSE:SCHW) were recently published by: Barrons.com, which released: “Charles Schwab-LPL Deal Unlikely” on November 22, 2016. Forbes.com‘s article titled: “Ex-Dividend Reminder: Capital One Financial, Charles Schwab and Kemper” and published on November 07, 2016 is yet another important article.

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By Vivian Park


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