The Charles Schwab Corporation (NYSE:SCHW) EVP Terri R. Kallsen sold 1,982 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $50.55, for a total transaction of $100,190.10. Following the completion of the sale, the executive vice president now owns 1,706 shares of the company’s stock, valued at $86,238.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

The Charles Schwab Corporation (NYSE SCHW) traded up $0.31 on Friday, reaching $51.39. 5,490,623 shares of the company’s stock traded hands, compared to its average volume of 6,139,449. The stock has a market capitalization of $68,476.63, a P/E ratio of 32.74, a P/E/G ratio of 2.17 and a beta of 1.74. The company has a current ratio of 0.31, a quick ratio of 0.30 and a debt-to-equity ratio of 0.21. The Charles Schwab Corporation has a 12 month low of $37.16 and a 12 month high of $51.89.

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

The company also recently announced a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Friday, November 10th were paid a $0.08 dividend. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $0.32 annualized dividend and a dividend yield of 0.62%. The Charles Schwab’s dividend payout ratio (DPR) is presently 20.51%.

A number of research firms recently issued reports on SCHW. Credit Suisse Group began coverage on shares of The Charles Schwab in a report on Thursday, November 30th. They issued an “outperform” rating and a $55.00 target price for the company. Barclays boosted their target price on shares of The Charles Schwab from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Tuesday, October 10th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $47.00 price objective on shares of The Charles Schwab in a research note on Friday, September 15th. Deutsche Bank boosted their price objective on shares of The Charles Schwab from $46.00 to $47.00 and gave the stock a “hold” rating in a research note on Wednesday, October 25th. Finally, BidaskClub upgraded shares of The Charles Schwab from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, October 10th. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The Charles Schwab has an average rating of “Buy” and an average target price of $47.56.

Hedge funds have recently made changes to their positions in the company. Shine Investment Advisory Services Inc. purchased a new position in shares of The Charles Schwab in the second quarter valued at $145,000. Fiduciary Trust Co. purchased a new position in shares of The Charles Schwab in the second quarter valued at $163,000. Zions Bancorporation boosted its stake in shares of The Charles Schwab by 1,545.3% in the third quarter. Zions Bancorporation now owns 3,817 shares of the financial services provider’s stock valued at $167,000 after purchasing an additional 3,585 shares during the period. Quadrant Capital Group LLC boosted its stake in shares of The Charles Schwab by 31.4% in the second quarter. Quadrant Capital Group LLC now owns 4,531 shares of the financial services provider’s stock valued at $168,000 after purchasing an additional 1,082 shares during the period. Finally, Paradigm Asset Management Co. LLC boosted its stake in shares of The Charles Schwab by 4.7% in the second quarter. Paradigm Asset Management Co. LLC now owns 4,450 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 79.84% of the company’s stock.

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The Charles Schwab 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.

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

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