San Francisco Sentry Investment Group CA increased its stake in The Charles Schwab Corporation (NYSE:SCHW) by 21.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,067 shares of the financial services provider’s stock after buying an additional 1,230 shares during the period. San Francisco Sentry Investment Group CA’s holdings in The Charles Schwab Corporation were worth $288,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Baird Financial Group Inc. boosted its stake in shares of The Charles Schwab Corporation by 4.0% in the fourth quarter. Baird Financial Group Inc. now owns 94,937 shares of the financial services provider’s stock valued at $3,747,000 after buying an additional 3,650 shares in the last quarter. Tredje AP fonden boosted its stake in shares of The Charles Schwab Corporation by 9.2% in the fourth quarter. Tredje AP fonden now owns 95,699 shares of the financial services provider’s stock valued at $3,777,000 after buying an additional 8,079 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of The Charles Schwab Corporation by 14.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,372,819 shares of the financial services provider’s stock valued at $93,659,000 after buying an additional 294,012 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of The Charles Schwab Corporation by 48.8% in the fourth quarter. Private Advisor Group LLC now owns 26,837 shares of the financial services provider’s stock valued at $1,109,000 after buying an additional 8,801 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of The Charles Schwab Corporation by 0.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 69,154 shares of the financial services provider’s stock valued at $2,730,000 after buying an additional 394 shares in the last quarter. Institutional investors own 79.39% of the company’s stock.

Institutional Ownership by Quarter for The Charles Schwab Corporation (NYSE:SCHW)

The Charles Schwab Corporation (NYSE SCHW) opened at 41.92 on Friday. The stock has a 50 day moving average of $39.87 and a 200-day moving average of $40.32. The company has a market capitalization of $56.05 billion, a PE ratio of 29.73 and a beta of 1.63. The Charles Schwab Corporation has a 12-month low of $23.83 and a 12-month high of $43.65.

The Charles Schwab Corporation (NYSE:SCHW) last issued its quarterly earnings data on Tuesday, April 18th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. The firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.06 billion. The Charles Schwab Corporation had a return on equity of 15.04% and a net margin of 26.18%. The company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period last year, the company earned $0.29 EPS. Equities analysts expect that The Charles Schwab Corporation will post $1.63 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 26th. Investors of record on Friday, May 12th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Wednesday, May 10th. The Charles Schwab Corporation’s payout ratio is 22.86%.

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Several brokerages recently weighed in on SCHW. SunTrust Banks, Inc. boosted their price target on shares of The Charles Schwab Corporation from $44.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, March 14th. Bank of America Corporation restated a “buy” rating and issued a $47.00 price target on shares of The Charles Schwab Corporation in a research report on Friday, March 3rd. Keefe, Bruyette & Woods restated a “buy” rating and issued a $46.00 price target on shares of The Charles Schwab Corporation in a research report on Friday. William Blair restated an “outperform” rating on shares of The Charles Schwab Corporation in a research report on Friday. Finally, BidaskClub upgraded shares of The Charles Schwab Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $42.00.

In other news, Director Mark A. Goldfarb bought 1,850 shares of the company’s stock in a transaction on Thursday, April 27th. The stock was bought at an average cost of $26.97 per share, with a total value of $49,894.50. Following the transaction, the director now directly owns 1,850 shares in the company, valued at approximately $49,894.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Walter W. Bettinger sold 15,056 shares of The Charles Schwab Corporation stock in a transaction dated Wednesday, April 19th. The shares were sold at an average price of $38.57, for a total value of $580,709.92. Following the completion of the transaction, the insider now directly owns 277,464 shares of the company’s stock, valued at $10,701,786.48. The disclosure for this sale can be found here. Insiders have sold a total of 357,824 shares of company stock valued at $14,318,351 over the last three months. Corporate insiders own 12.00% of the company’s stock.

About The Charles Schwab Corporation

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.

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