The Charles Schwab Corporation (NYSE:SCHW) EVP Terri R. Kallsen sold 815 shares of the stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $43.97, for a total value of $35,835.55. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of The Charles Schwab Corporation (NYSE:SCHW) traded up $0.27 during midday trading on Friday, hitting $44.27. 4,456,593 shares of the company traded hands, compared to its average volume of 7,115,542. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.31 and a quick ratio of 0.31. The Charles Schwab Corporation has a 12-month low of $34.85 and a 12-month high of $46.21. The firm has a market capitalization of $59,320.00, a PE ratio of 28.39, a price-to-earnings-growth ratio of 1.88 and a beta of 1.74.

The Charles Schwab Corporation (NYSE:SCHW) last announced its earnings results on Wednesday, October 18th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. The company had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.18 billion. The Charles Schwab Corporation had a net margin of 27.30% and a return on equity of 15.77%. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.35 earnings per share. research analysts forecast that The Charles Schwab Corporation will post 1.62 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 24th. Investors of record on Friday, November 10th will be issued a $0.08 dividend. The ex-dividend date is Thursday, November 9th. This represents a $0.32 dividend on an annualized basis and a yield of 0.72%. The Charles Schwab Corporation’s payout ratio is 20.51%.

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Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. raised its holdings in The Charles Schwab Corporation by 1,921.5% in the first quarter. BlackRock Inc. now owns 71,876,119 shares of the financial services provider’s stock valued at $2,933,263,000 after acquiring an additional 68,320,480 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of The Charles Schwab Corporation by 86.3% during the second quarter. Capital Research Global Investors now owns 24,237,199 shares of the financial services provider’s stock worth $1,041,230,000 after purchasing an additional 11,224,199 shares during the period. Janus Henderson Group PLC raised its holdings in shares of The Charles Schwab Corporation by 1,766.9% during the second quarter. Janus Henderson Group PLC now owns 9,357,736 shares of the financial services provider’s stock worth $402,011,000 after purchasing an additional 8,856,483 shares during the period. FMR LLC grew its position in shares of The Charles Schwab Corporation by 11.3% during the second quarter. FMR LLC now owns 30,766,004 shares of the financial services provider’s stock worth $1,321,708,000 after acquiring an additional 3,128,532 shares during the last quarter. Finally, Waddell & Reed Financial Inc. grew its position in The Charles Schwab Corporation by 69.3% in the 1st quarter. Waddell & Reed Financial Inc. now owns 6,367,351 shares of the financial services provider’s stock valued at $259,851,000 after buying an additional 2,605,949 shares in the last quarter. Institutional investors own 79.56% of the company’s stock.

A number of research firms have commented on SCHW. Nomura cut The Charles Schwab Corporation from a “buy” rating to a “neutral” rating in a report on Monday, July 24th. Instinet reiterated 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. BidaskClub lowered The Charles Schwab Corporation from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $47.00 price objective on shares of The Charles Schwab Corporation in a research note on Friday, September 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $51.00 price target (up previously from $48.00) on shares of The Charles Schwab Corporation in a research note on Tuesday, July 25th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $47.07.

About The Charles Schwab Corporation

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.

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

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