Hedge funds have recently made changes to their positions in the stock.
With an estimated value of 25.55 for 2017, The Charles Schwab Corporation has a P/E ratio of 32.49. FMR LLC now owns 30,766,004 shares of the financial services provider's stock worth $1,321,708,000 after purchasing an additional 3,128,532 shares in the last quarter. Quadrant Capital Group LLC now owns 4,531 shares of the financial services provider's stock valued at $168,000 after buying an additional 1,082 shares during the period. Jefferies maintained the shares of SCHW in report on Monday, July 10 with "Buy" rating. It also reduced its holding in Williams Cos Inc Del Com (NYSE:WMB) by 92,577 shares in the quarter, leaving it with 184,071 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT). 221,100 are owned by Gabelli Funds Limited Co. Fiduciary Trust Co. purchased a new position in shares of The Charles Schwab Corporation in the 2nd quarter worth about $163,000. This showed a surprise of 2.4% in the last quarter earnings. Sales for the past 5 years for The Charles Schwab Corporation is 9.20%. Oppenheimer & Commerce holds 0.01% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 7,370 shares. The Q.i. Value ranks companies using four ratios. The company rocked its 52-Week High of $51.89 and touched its 52-Week Low of $37.16.
E*TRADE Financial Corporation (NASDAQ:ETFC) scores higher than The Charles Schwab Corporation (NYSE:SCHW) on 7 of the 13 measures compared between the two companies. The Charles Schwab had a return on equity of 15.77% and a net margin of 27.30%. The firm had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $2.18 billion. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.30 and a current ratio of 0.31. During the same period in the previous year, the company posted $0.35 earnings per share. research analysts anticipate that The Charles Schwab Corporation will post 1.62 earnings per share for the current fiscal year.
Looking at a company's operating margin is also helpful.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date of this dividend was Thursday, November 9th. Can raised its stake in Charles Schwab Corp by 2.1% in the third quarter.
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A number of research analysts have commented on the stock. BidaskClub downgraded The Charles Schwab from a "strong-buy" rating to a "buy" rating in a report on Tuesday, October 17th. Meanwhile, the average 12-month price target from Wall Street analysts is now $49.59, this means that the stock is overpriced by -2.4%.
Sun Life Financial Inc increased Charles Schwab Corp (SCHW) stake by 33085.19% reported in 2017Q2 SEC filing. The company was maintained on Thursday, October 13 by Barclays Capital. In analysts report revealed to investors on Thursday morning, Jefferies reaffirmed their "Buy" rating on shares of SCHW. Of the analysts who provided ratings, 4 rated the company a Hold, 1 rated it a Moderate Buy, and 6 rated it a Strong Buy. On Friday, September 15 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". The company was initiated on Wednesday, March 23 by SunTrust. The shares were sold at an average price of $38.99, for a total transaction of $38,990.00.
In related news, EVP Terri R. Kallsen sold 815 shares of the stock in a transaction on Wednesday, November 8th. Nomura holds 1.57M shares. Following the completion of the transaction, the insider now owns 41,330 shares in the company, valued at $1,124,589.30. The disclosure for this sale can be found here. The NYSE-listed company saw a recent bid of $50.54 on volume of 5.32 million shares. The company was maintained on Wednesday, April 12 by Wells Fargo.
TRADEMARK VIOLATION WARNING: This report was first published by The Lincolnian Online and is owned by of The Lincolnian Online. The larger the percentage, the better it is At the moment, The Charles Schwab Corporation Return on Assets is 0.90%. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and worldwide trademark and copyright laws.