Charles Schwab Corp (NYSE:SCHW) insider Marie A. Chandoha sold 6,317 shares of the company’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $43.50, for a total transaction of $274,789.50. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Charles Schwab Corp (NYSE:SCHW) traded down 1.295% during midday trading on Monday, hitting $42.305. 3,789,362 shares of the stock traded hands. Charles Schwab Corp has a 12-month low of $23.83 and a 12-month high of $43.65. The stock has a market capitalization of $56.48 billion, a PE ratio of 32.294 and a beta of 1.78. The firm’s 50 day moving average is $41.51 and its 200-day moving average is $37.07.

Charles Schwab Corp (NYSE:SCHW) last announced its quarterly earnings results on Wednesday, January 18th. The company reported $0.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.36. Charles Schwab Corp had a return on equity of 14.65% and a net margin of 25.26%. The business earned $1.97 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter last year, the firm posted $0.24 EPS. The company’s quarterly revenue was up 16.6% on a year-over-year basis. On average, analysts anticipate that Charles Schwab Corp will post $1.60 EPS for the current fiscal year.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, February 24th. Shareholders of record on Friday, February 10th were issued a dividend of $0.08 per share. This is an increase from Charles Schwab Corp’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Wednesday, February 8th. This represents a $0.32 annualized dividend and a yield of 0.75%. Charles Schwab Corp’s dividend payout ratio (DPR) is currently 24.62%.

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A number of large investors have recently made changes to their positions in the stock. Assetmark Inc. increased its stake in Charles Schwab Corp by 3.3% in the third quarter. Assetmark Inc. now owns 3,733 shares of the company’s stock worth $118,000 after buying an additional 121 shares in the last quarter. First Bank & Trust purchased a new stake in Charles Schwab Corp during the fourth quarter worth $119,000. Financial Architects Inc increased its stake in Charles Schwab Corp by 10.6% in the third quarter. Financial Architects Inc now owns 4,168 shares of the company’s stock worth $132,000 after buying an additional 400 shares in the last quarter. Cornerstone Advisors Inc. increased its stake in Charles Schwab Corp by 38.0% in the third quarter. Cornerstone Advisors Inc. now owns 4,482 shares of the company’s stock worth $141,000 after buying an additional 1,235 shares in the last quarter. Finally, Global X Management Co. LLC increased its stake in Charles Schwab Corp by 141.3% in the third quarter. Global X Management Co. LLC now owns 5,049 shares of the company’s stock worth $159,000 after buying an additional 2,957 shares in the last quarter. 78.34% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have issued reports on SCHW shares. Citigroup Inc raised shares of Charles Schwab Corp from a “neutral” rating to a “buy” rating in a report on Tuesday, November 22nd. Keefe, Bruyette & Woods started coverage on shares of Charles Schwab Corp in a report on Thursday, December 8th. They issued an “outperform” rating and a $46.00 price target on the stock. Zacks Investment Research lowered shares of Charles Schwab Corp from a “buy” rating to a “hold” rating in a report on Monday, December 12th. Argus reissued a “buy” rating and issued a $46.00 price target on shares of Charles Schwab Corp in a report on Friday, December 16th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Charles Schwab Corp in a report on Saturday, December 17th. Two research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Charles Schwab Corp presently has an average rating of “Buy” and an average target price of $38.34.

About Charles Schwab Corp

The Charles Schwab Corporation 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.

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