Barings LLC continued to hold its position in shares of The Charles Schwab Corporation (NYSE:SCHW) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,134 shares of the financial services provider’s stock at the end of the second quarter. Barings LLC’s holdings in The Charles Schwab Corporation were worth $944,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Waldron LP boosted its stake in shares of The Charles Schwab Corporation by 23.9% during the first quarter. Waldron LP now owns 9,339 shares of the financial services provider’s stock valued at $381,000 after purchasing an additional 1,799 shares during the period. Founders Capital Management purchased a new stake in shares of The Charles Schwab Corporation during the first quarter valued at $159,000. Independent Advisor Alliance boosted its stake in shares of The Charles Schwab Corporation by 121.4% during the first quarter. Independent Advisor Alliance now owns 12,463 shares of the financial services provider’s stock valued at $492,000 after purchasing an additional 6,834 shares during the period. Dixon Hubard Feinour & Brown Inc. VA boosted its stake in shares of The Charles Schwab Corporation by 0.3% during the first quarter. Dixon Hubard Feinour & Brown Inc. VA now owns 162,000 shares of the financial services provider’s stock valued at $6,611,000 after purchasing an additional 420 shares during the period. Finally, Northstar Wealth Partners LLC purchased a new stake in shares of The Charles Schwab Corporation during the first quarter valued at $219,000. 79.53% of the stock is owned by institutional investors.

In other news, Chairman Charles R. Schwab sold 26,000 shares of The Charles Schwab Corporation stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $42.80, for a total value of $1,112,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Bernard J. Clark sold 75,244 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $43.98, for a total value of $3,309,231.12. The disclosure for this sale can be found here. Insiders sold a total of 1,035,705 shares of company stock valued at $44,665,539 in the last quarter. Company insiders own 12.00% of the company’s stock.

A number of analysts have recently issued reports on the stock. Barclays PLC boosted their target price on shares of The Charles Schwab Corporation from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Tuesday. BidaskClub raised shares of The Charles Schwab Corporation from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Morgan Stanley boosted their target price on shares of The Charles Schwab Corporation from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Thursday, October 5th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $47.00 target price on shares of The Charles Schwab Corporation in a research note on Friday, September 15th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $49.00 target price on shares of The Charles Schwab Corporation in a research note on Friday, September 15th. Six research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $46.80.

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The Charles Schwab Corporation (NYSE:SCHW) last announced its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.39. The business had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $2.13 billion. The Charles Schwab Corporation had a return on equity of 15.41% and a net margin of 26.73%. The business’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 EPS.

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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Institutional Ownership by Quarter for The Charles Schwab Corporation (NYSE:SCHW)

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