The Charles Schwab Corporation (NYSE:SCHW) was the recipient of unusually large options trading activity on Monday. Stock investors purchased 6,022 call options on the company. This represents an increase of 173% compared to the typical volume of 2,207 call options.

In other The Charles Schwab Corporation news, EVP Terri R. Kallsen sold 2,000 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $43.07, for a total transaction of $86,140.00. Following the completion of the sale, the executive vice president now directly owns 5,212 shares in the company, valued at $224,480.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Charles R. Schwab sold 290,000 shares of the company’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $43.27, for a total transaction of $12,548,300.00. The disclosure for this sale can be found here. Insiders sold 893,913 shares of company stock valued at $38,402,586 over the last quarter. 12.00% of the stock is currently owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in the stock. WealthTrust Arizona LLC raised its position in The Charles Schwab Corporation by 1.2% in the second quarter. WealthTrust Arizona LLC now owns 2,466 shares of the financial services provider’s stock worth $106,000 after buying an additional 29 shares during the period. Lowe Brockenbrough & Co. Inc. increased its stake in shares of The Charles Schwab Corporation by 0.9% in the second quarter. Lowe Brockenbrough & Co. Inc. now owns 6,770 shares of the financial services provider’s stock worth $291,000 after buying an additional 62 shares in the last quarter. Norway Savings Bank increased its stake in shares of The Charles Schwab Corporation by 0.7% in the second quarter. Norway Savings Bank now owns 9,583 shares of the financial services provider’s stock worth $412,000 after buying an additional 63 shares in the last quarter. Atria Investments LLC increased its stake in shares of The Charles Schwab Corporation by 0.4% in the second quarter. Atria Investments LLC now owns 15,025 shares of the financial services provider’s stock worth $645,000 after buying an additional 65 shares in the last quarter. Finally, Mitchell Sinkler & Starr PA increased its stake in shares of The Charles Schwab Corporation by 0.6% in the first quarter. Mitchell Sinkler & Starr PA now owns 11,960 shares of the financial services provider’s stock worth $488,000 after buying an additional 70 shares in the last quarter. Institutional investors own 79.41% of the company’s stock.

Shares of The Charles Schwab Corporation (NYSE SCHW) traded down 0.476% during trading on Monday, reaching $42.905. 1,928,931 shares of the company’s stock were exchanged. The stock has a market cap of $57.41 billion, a PE ratio of 28.795 and a beta of 1.63. The stock’s 50 day moving average price is $42.64 and its 200-day moving average price is $40.97. The Charles Schwab Corporation has a 52-week low of $29.00 and a 52-week high of $44.10.

The Charles Schwab Corporation (NYSE:SCHW) last released its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. The Charles Schwab Corporation had a net margin of 26.73% and a return on equity of 15.69%. The company had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same period last year, the business earned $0.30 earnings per share. The Charles Schwab Corporation’s revenue was up 16.5% compared to the same quarter last year. On average, equities research analysts forecast that The Charles Schwab Corporation will post $1.61 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, August 11th will be given a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.74%. The Charles Schwab Corporation’s dividend payout ratio (DPR) is currently 21.48%.

Several research analysts recently issued reports on the stock. Citigroup Inc. assumed coverage on shares of The Charles Schwab Corporation in a research report on Thursday, July 13th. They issued a “neutral” rating and a $46.00 price target for the company. Argus reissued a “buy” rating and issued a $48.00 price target (up previously from $46.00) on shares of The Charles Schwab Corporation in a research report on Friday, July 21st. Rosenblatt Securities assumed coverage on shares of The Charles Schwab Corporation in a research report on Thursday, July 13th. They issued a “neutral” rating and a $46.00 price target for the company. Instinet reissued a “neutral” rating and issued a $43.00 price target (down previously from $46.00) on shares of The Charles Schwab Corporation in a research report on Monday, July 24th. Finally, Keefe, Bruyette & Woods set a $44.00 price target on shares of The Charles Schwab Corporation and gave the stock a “buy” rating in a research report on Monday, April 10th. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $44.00.

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The Charles Schwab Corporation Company Profile

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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