Schwab Charles Corp (NYSE:SCHW) Move as Big Money’ Sentiment Falls to 0.87

June 27, 2018 - By Mark Williams

The Charles Schwab Corporation (NYSE:SCHW) Corporate Logo

“Big money” Positions

“Big money sentiment for Schwab Charles Corp (NYSE:SCHW) in Q1 2018 decreased to 0.87, according to SEC filings. That’s down -0.28, from 2017Q4’s 1.15. 339 funds opened new or increased equity positions, while 390 sold and decreased holdings in Schwab Charles Corp so the sentiment has worsened. These funds own 1.05 billion shares, that’s down from 1.05 billion shares in 2017Q4. Funds holding Schwab Charles Corp in top 10 changed to 51 from 52 for a decrease of 1. 55 Investors Sold All; 335 Reduced Holdings; 258 increased stakes while 81 funds bought stakes.

Largest Schwab Charles Corp Investors

As of Q1 2018 Theleme Partners Llp has 37.44% invested in Schwab Charles Corp. As of Q1 2018, 2.74 million shares of Schwab Charles Corp are owned by Triple Frond Partners Llc. Furthermore, Brave Warrior Advisors Llc reported 5.88 million shares in Schwab Charles Corp equivalent to 13.48% of its US long equity exposure. Sq Advisors Llc revealed 5.96 million shares position in Schwab Charles Corp. The California-based fund Route One Investment Company L.P. holds 4.55 million shares or 10.21% of their US long equity exposure.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services.The company has $71.76 billion market cap. The firm operates through two divisions, Investor Services and Advisor Services.The P/E ratio is 30.03. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business.

Ticker’s shares touched $53.19 during the last trading session after 0.23% change.The Charles Schwab Corporation has volume of 2.36 million shares. Since June 27, 2017 SCHW has risen 45.39% and is uptrending. The stock outperformed the S&P 500 by 32.82%.

On July, 17 is awaited The Charles Schwab Corporation (NYSE:SCHW)’s earnings report, as reported by Faxor. Analysts forecast $0.59 earnings per share. That’s $0.20 up or 51.28 % from 2017’s earnings of $0.39. SCHW’s profit could hit $796.02M if the current earnings per share of $0.59 is accurate. After $0.55 earnings per share was published last quarter, analysts now see EPS growth of 7.27 % for The Charles Schwab Corporation.

Alliancebernstein Limited Partnership has invested 0.45% in The Charles Schwab Corporation (NYSE:SCHW). Lenox Wealth accumulated 2,426 shs. Guggenheim Cap Ltd Liability Company has 0.17% invested in The Charles Schwab Corporation (NYSE:SCHW). Johnson Financial Grp Inc reported 0.01% stake. Amalgamated Bancorporation stated it has 0.23% in The Charles Schwab Corporation (NYSE:SCHW). Mackay Shields Ltd Liability Corporation owns 0.08% invested in The Charles Schwab Corporation (NYSE:SCHW) for 236,005 shs. Suntrust Banks owns 94,919 shs. Axa holds 0.07% of its capital in The Charles Schwab Corporation (NYSE:SCHW) for 349,850 shs. Arizona State Retirement reported 401,290 shs stake. Jackson Square Prns Ltd Liability Corporation stated it has 9.72 million shs or 2.54% of all its holdings. Missouri-based Stifel Fincl Corp has invested 0.07% in The Charles Schwab Corporation (NYSE:SCHW). Moreover, Stock Yards Retail Bank has 1.79% invested in The Charles Schwab Corporation (NYSE:SCHW). Motley Fool Asset Mgmt Ltd Liability Co reported 12,436 shs stake. Prudential Public Limited holds 0% of its capital in The Charles Schwab Corporation (NYSE:SCHW) for 14,807 shs. Synovus invested in 0.08% or 91,571 shs.

The Charles Schwab Corporation had 41 selling transactions and 0 insider buys since January 18, 2018. This’s net activity of $250.45 million. Another trade for 11,238 shs valued at $607,693 was made by Clark Bernard J. on Wednesday, March 7. 240,000 shs valued at $13.23M were sold by SCHWAB CHARLES R on Wednesday, January 24. On Monday, March 12 5,000 shs were sold by Craig Jonathan M., worth $290,041. MARTINETTO JOSEPH R also sold $15.38M worth of The Charles Schwab Corporation (NYSE:SCHW) on Friday, April 20. $799,235 worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Murtagh Nigel J. On Tuesday, April 24 Shares for $2.03M were sold by Kallsen Terri R.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

In total 12 analysts cover Charles Schwab (NYSE:SCHW). “Buy” rating has 5, “Sell” are 1, while 6 are “Hold”. (NYSE:SCHW) has 42% bullish analysts. With $69 highest and $49.0 lowest PT, Charles Schwab has $58.86 average PT or 10.66% above the current ($53.19) price. 27 are the (NYSE:SCHW)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. In Wednesday, February 7 report Credit Suisse maintained it with “Outperform” rating and $69 target. On Wednesday, February 7 the firm has “Sell” rating given by Citigroup. On Monday, April 23 Credit Suisse maintained The Charles Schwab Corporation (NYSE:SCHW) with “Outperform” rating. On Tuesday, April 17 the firm has “Hold” rating given by Deutsche Bank. On Wednesday, February 14 SunTrust maintained The Charles Schwab Corporation (NYSE:SCHW) rating. SunTrust has “Buy” rating and $65.0 target. On Monday, January 8 the rating was maintained by Jefferies with “Buy”. On Monday, February 26 the firm has “Buy” rating given by Keefe Bruyette & Woods. On Thursday, January 18 the stock of The Charles Schwab Corporation (NYSE:SCHW) has “Hold” rating given by Nomura. On Tuesday, April 17 the rating was maintained by Credit Suisse with “Outperform”. On Wednesday, April 25 the rating was maintained by Morgan Stanley with “Overweight”.

Another two news for The Charles Schwab Corporation (NYSE:SCHW) were briefly published by: Bizjournals.com on June 20, 2018 with title “Exclusive: Fitbit lists major chunk of San Francisco office space for sublease amid hot market”. The other Globenewswire.com‘s article was titled “Detailed Research: Economic Perspectives on Comerica, Vanda Pharmaceuticals, Acadia Healthcare, The Charles …” and published on June 27, 2018.

The Charles Schwab Corporation (NYSE:SCHW) Institutional Investors Chart

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