Charles Schwab (NYSE:SCHW) “Buy” Rating Reconfirmed Today By Keefe Bruyette Woods; The Target is $46.00

June 19, 2017 - By Peter Erickson

 Charles Schwab (NYSE:SCHW)

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.08, from 1.05 in 2016Q3. It increased, as 52 investors sold Charles Schwab Corp shares while 266 reduced holdings. 119 funds opened positions while 240 raised stakes. 1.02 billion shares or 2.31% more from 1.00 billion shares in 2016Q3 were reported.

Neuberger Berman Gru Limited Liability invested in 3.94 million shares or 0.21% of the stock. Tower Research Lc (Trc) accumulated 0.15% or 34,250 shares. Citigroup accumulated 529,101 shares. Greatmark Partners holds 0.12% of its portfolio in Charles Schwab Corp (NYSE:SCHW) for 7,000 shares. Argentiere Ag stated it has 100,000 shares or 1.86% of all its holdings. First In has invested 0.64% in Charles Schwab Corp (NYSE:SCHW). First Manhattan holds 0.06% or 252,515 shares in its portfolio. 1.56M were accumulated by Provident. The France-based Credit Agricole S A has invested 0.06% in Charles Schwab Corp (NYSE:SCHW). First Eagle Investment Mngmt Ltd Com, a New York-based fund reported 900 shares. Rockefeller Finance has 1,791 shares for 0% of their portfolio. Community Fincl Serv Group Inc Incorporated Ltd Liability holds 4% or 215,205 shares in its portfolio. 418,941 are owned by Boston Private Wealth Limited Liability Company. Moreover, Baldwin Brothers Incorporated Ma has 0% invested in Charles Schwab Corp (NYSE:SCHW) for 74 shares. Architects stated it has 0.04% of its portfolio in Charles Schwab Corp (NYSE:SCHW).

Since December 20, 2016, it had 0 insider buys, and 19 selling transactions for $104.22 million activity. Another trade for 5,038 shares valued at $212,586 was sold by Clark Bernard J.. On Monday, March 13 the insider Chandoha Marie A sold $382,940. 15,688 shares were sold by Goldfarb Mark A, worth $642,228. SCHWAB CHARLES R sold $30.68M worth of stock or 738,000 shares. The insider Bettinger Walter W sold $25.69 million.

Charles Schwab (NYSE:SCHW) Rating Reaffirmed

Recently, In a research report made public on 16 June, Charles Schwab (NYSE:SCHW) shares have had their “Buy” Rating reconfirmed by investment analysts at Keefe Bruyette Woods, who currently has a $46.00 target price on firm. This target by Keefe Bruyette Woods suggests the possibile upside of 9.73 % from the last close price.

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.08, from 1.05 in 2016Q3. It increased, as 52 investors sold Charles Schwab Corp shares while 266 reduced holdings. 119 funds opened positions while 240 raised stakes. 1.02 billion shares or 2.31% more from 1.00 billion shares in 2016Q3 were reported.

Neuberger Berman Gru Limited Liability invested in 3.94 million shares or 0.21% of the stock. Tower Research Lc (Trc) accumulated 0.15% or 34,250 shares. Citigroup accumulated 529,101 shares. Greatmark Partners holds 0.12% of its portfolio in Charles Schwab Corp (NYSE:SCHW) for 7,000 shares. Argentiere Ag stated it has 100,000 shares or 1.86% of all its holdings. First In has invested 0.64% in Charles Schwab Corp (NYSE:SCHW). First Manhattan holds 0.06% or 252,515 shares in its portfolio. 1.56M were accumulated by Provident. The France-based Credit Agricole S A has invested 0.06% in Charles Schwab Corp (NYSE:SCHW). First Eagle Investment Mngmt Ltd Com, a New York-based fund reported 900 shares. Rockefeller Finance has 1,791 shares for 0% of their portfolio. Community Fincl Serv Group Inc Incorporated Ltd Liability holds 4% or 215,205 shares in its portfolio. 418,941 are owned by Boston Private Wealth Limited Liability Company. Moreover, Baldwin Brothers Incorporated Ma has 0% invested in Charles Schwab Corp (NYSE:SCHW) for 74 shares. Architects stated it has 0.04% of its portfolio in Charles Schwab Corp (NYSE:SCHW).

Since December 20, 2016, it had 0 insider buys, and 19 selling transactions for $104.22 million activity. Another trade for 5,038 shares valued at $212,586 was sold by Clark Bernard J.. On Monday, March 13 the insider Chandoha Marie A sold $382,940. 15,688 shares were sold by Goldfarb Mark A, worth $642,228. SCHWAB CHARLES R sold $30.68M worth of stock or 738,000 shares. The insider Bettinger Walter W sold $25.69 million.

Charles Schwab Corp (NYSE:SCHW) Ratings Coverage

Among 18 analysts covering Charles Schwab (NYSE:SCHW), 16 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. Charles Schwab has $50 highest and $28 lowest target. $39.61’s average target is -6.58% below currents $42.4 stock price. Charles Schwab had 54 analyst reports since August 11, 2015 according to SRatingsIntel. As per Tuesday, August 9, the company rating was maintained by Barclays Capital. The company was maintained on Monday, July 11 by Nomura. The firm has “Buy” rating by Suntrust Robinson given on Monday, December 19. The firm has “Buy” rating by Argus Research given on Wednesday, March 23. The company was maintained on Thursday, March 17 by Deutsche Bank. As per Friday, April 15, the company rating was maintained by Citigroup. The rating was maintained by Deutsche Bank with “Buy” on Friday, October 16. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, October 5. The firm earned “Buy” rating on Monday, December 19 by SunTrust. As per Thursday, April 14, the company rating was maintained by JP Morgan.

About 1.36 million shares traded. Charles Schwab Corp (NYSE:SCHW) has risen 32.11% since June 19, 2016 and is uptrending. It has outperformed by 15.41% the S&P500.

Investors wait Charles Schwab Corp (NYSE:SCHW) to report on July, 17. its quarterly earnings Wall Street analysts expect $0.39 earnings per share, up $0.09 or 30.00 % from last year’s $0.3 same quarter earnings. This translates into $518.99 million profit for SCHW giving the stock a 27.17 P/E. This is assuming the current $0.39 EPS is accurate. Charles Schwab Corp’s Wall Street analysts see 0.00 % EPS growth, taking into account the $0.39 EPS reproted in the previous quarter,

The Charles Schwab Corporation is a savings and loan holding company. The company has market cap of $56.43 billion. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. It has a 30.24 P/E ratio. The Firm provides financial services to individuals and institutional clients through two divisions: Investor Services and Advisor Services.

More news for Charles Schwab Corp (NYSE:SCHW) were recently published by: Pionline.com, which released: “Charles Schwab shareholders approve proxy access” on May 23, 2017. Reuters.com‘s article titled: “BRIEF-Charles Schwab Corp reports Q1 net income of $564 million” and published on April 18, 2017 is yet another important article.

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