Dsm Capital Partners LLC Increased Stake in Charles Schwab (SCHW) by $106.48 Million; Shares Rose

June 29, 2018 - By Ronnie Lemelle

The Charles Schwab Corporation (NYSE:SCHW) Corporate LogoBig Money Sentiment decreased to 0.87 in 2018 Q1. It has change of 0.28, from 2017Q4’s 1.15. The ratio is negative due to SCHW positioning: 55 sold and 335 reduced. 81 funds acquired stakes and 258 increased stakes. Investors holded 1.05 billion in 2017Q4 but now own 1.05 billion shares or 0.48% less. Bluefin Trading Limited Liability owns 89,364 shs for 0.32% of their capital. Theleme Prtn Limited Liability Partnership has invested 37.44% of its capital in The Charles Schwab Corporation (NYSE:SCHW). Macquarie Gp Ltd has invested 0.35% in The Charles Schwab Corporation (NYSE:SCHW). 13,767 were reported by Barrett Asset Mgmt Llc. Michigan-based Liberty Cap Mgmt has invested 0.46% in The Charles Schwab Corporation (NYSE:SCHW). Parnassus Investments Ca has invested 2.84% in The Charles Schwab Corporation (NYSE:SCHW). Japan-based Nomura Asset Management has invested 0.1% in The Charles Schwab Corporation (NYSE:SCHW). First Savings Bank Of Hutchinson has 15,789 shs. Ci Global Invs holds 0% or 4,965 shs. Capwealth Advisors Limited Company invested 0.23% in The Charles Schwab Corporation (NYSE:SCHW). Sun Life Finance accumulated 0% or 285 shs. 41,190 are held by Brinker. Findlay Park Prtnrs Ltd Liability Partnership accumulated 2.29 million shs. First Manhattan has invested 0.08% in The Charles Schwab Corporation (NYSE:SCHW). Moreover, Provise Gru Ltd Limited Liability Company has 0.09% invested in The Charles Schwab Corporation (NYSE:SCHW) for 11,421 shs.

SCHW registered $250.45 million net activity with 0 insider purchases and 41 selling transactions since January 18, 2018. On Friday, January 26 18,663 shs were sold by MCLIN STEPHEN T, worth $1.01 million. Murtagh Nigel J had sold 15,000 shs worth $799,235. On Friday, June 15 Craig Jonathan M. had sold 2,629 shs worth $147,297. Shares for $2.03M were sold by Kallsen Terri R. On Friday, June 1 Goldfarb Mark A had sold 2,174 shs worth $123,209. On Wednesday, March 7 Shares for $607,693 were sold by Clark Bernard J..

Based on the latest 2018Q1 regulatory filing with the SEC, Dsm Capital Partners Llc upped its stake in Charles Schwab (SCHW) by 32.54%. The company’s stock popped up 6.64% while Dsm Capital Partners Llc bought 2.05 million shares. At the end of 2018Q1, the hedge fund held 8.34 million shares of the investment bankers and brokers and service company, valued at $435.53 million, up from 6.29M at the end of the previous reported quarter. $70.54B is Charles Schwab’s MC. The stock increased 1.11% or $0.58 during the last trading session, reaching $52.28.Currently The Charles Schwab Corporation is uptrending after 45.39% change in last June 29, 2017. SCHW has 1.79M shares volume. SCHW outperformed by 32.82% the S&P500.

About $5.78 billion and $7.25 billion US Long portfolio Dsm Capital Partners Llc operates. It reduced its stake in Dollar Tree (NASDAQ:DLTR) by 2.88M shares to 1,915 shares, valued at $182,000 in 2018Q1, according to the filing. For a total of 1,430 shares it reduced its holding in Starbucks (NASDAQ:SBUX) by 1.62M shares in the quarter, and has cut its stake in Wynn Resorts (NASDAQ:WYNN).

Another two news for The Charles Schwab Corporation (NYSE:SCHW) were briefly posted by: Seekingalpha.com on June 11, 2018 with title “Cisco Is A High Quality Stock – Cramer’s Lightning Round (6/8/18)”. The other Globenewswire.com‘s article was titled “Detailed Research: Economic Perspectives on Comerica, Vanda Pharmaceuticals, Acadia Healthcare, The Charles …” and posted on June 27, 2018.

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. 27 are the (NYSE:SCHW)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. The stock rating was maintained by Jefferies with “Buy” on Monday, January 8. On Friday, April 20 Jefferies maintained The Charles Schwab Corporation (NYSE:SCHW) with “Buy” rating. On Wednesday, January 3 JMP Securities downgraded the shares of SCHW in report to “Market Perform” rating. On Wednesday, April 11 the stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Buy” rating by Credit Suisse. The stock rating was downgraded by Citigroup to “Neutral” on Monday, January 22. The stock rating was maintained by Nomura with “Hold” on Thursday, January 18. On Monday, April 23 Credit Suisse maintained the shares of SCHW in report with “Outperform” rating. On Monday, April 16 Keefe Bruyette & Woods maintained The Charles Schwab Corporation (NYSE:SCHW) with “Buy” rating. On Wednesday, February 14 SunTrust maintained The Charles Schwab Corporation (NYSE:SCHW) rating. SunTrust has “Buy” rating and $65.0 target. In Wednesday, February 7 report Credit Suisse maintained the stock with “Outperform” rating.

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

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