The Charles Schwab Corp. (NYSE:SCHW) EVP Terri R. Kallsen sold 30,933 shares of the company’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $36.94, for a total transaction of $1,142,665.02. Following the completion of the transaction, the executive vice president now owns 5,212 shares of the company’s stock, valued at approximately $192,531.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

The Charles Schwab Corp. (NYSE:SCHW) opened at 37.04 on Friday. The firm has a 50-day moving average of $32.54 and a 200-day moving average of $29.83. The stock has a market capitalization of $49.10 billion, a PE ratio of 29.87 and a beta of 1.68. The Charles Schwab Corp. has a one year low of $21.51 and a one year high of $37.71.

The Charles Schwab Corp. (NYSE:SCHW) last announced its quarterly earnings data on Monday, October 17th. The company reported $0.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.02. The company earned $1.91 billion during the quarter, compared to analyst estimates of $1.89 billion. The Charles Schwab Corp. had a net margin of 24.77% and a return on equity of 13.64%. The firm’s revenue for the quarter was up 19.8% compared to the same quarter last year. During the same period last year, the business earned $0.27 EPS. On average, equities research analysts forecast that The Charles Schwab Corp. will post $1.29 earnings per share for the current year.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 28th. Shareholders of record on Monday, November 14th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Wednesday, November 9th. The Charles Schwab Corp.’s dividend payout ratio is currently 22.95%.

Several research firms have issued reports on SCHW. Barclays PLC upped their price objective on shares of The Charles Schwab Corp. from $29.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, August 9th. Credit Suisse Group AG restated a “buy” rating on shares of The Charles Schwab Corp. in a research note on Monday, October 24th. Deutsche Bank AG upped their price objective on shares of The Charles Schwab Corp. from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, September 9th. Wells Fargo & Co. restated a “market perform” rating on shares of The Charles Schwab Corp. in a research note on Tuesday, October 18th. Finally, Zacks Investment Research upgraded shares of The Charles Schwab Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 16th. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $33.69.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Stock Yards Bank & Trust Co. bought a new position in shares of The Charles Schwab Corp. during the second quarter valued at $7,352,000. Integrated Investment Consultants LLC raised its position in shares of The Charles Schwab Corp. by 33.9% in the second quarter. Integrated Investment Consultants LLC now owns 4,943 shares of the company’s stock valued at $125,000 after buying an additional 1,252 shares in the last quarter. First Republic Investment Management Inc. raised its position in shares of The Charles Schwab Corp. by 11.4% in the first quarter. First Republic Investment Management Inc. now owns 416,137 shares of the company’s stock valued at $11,660,000 after buying an additional 42,647 shares in the last quarter. Oak Associates Ltd. OH raised its position in shares of The Charles Schwab Corp. by 5.0% in the first quarter. Oak Associates Ltd. OH now owns 1,116,658 shares of the company’s stock valued at $31,289,000 after buying an additional 52,696 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. raised its position in shares of The Charles Schwab Corp. by 14.9% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 23,221 shares of the company’s stock valued at $652,000 after buying an additional 3,014 shares in the last quarter. 76.13% of the stock is owned by institutional investors.

The Charles Schwab Corp. Company Profile

The Charles Schwab Corporation 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.

5 Day Chart for NYSE:SCHW

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