As Charles Schwab Corp/The (SCHW) Market Value Declined, Webster Bank Raised Its Position by $3.16 Million

April 17, 2018 - By Adrian Mccoy

The Charles Schwab Corporation (NYSE:SCHW) LogoInvestors sentiment increased to 1.15 in Q4 2017. Its up 0.12, from 1.03 in 2017Q3. It increased, as 48 investors sold SCHW shares while 292 reduced holdings. 106 funds opened positions while 285 raised stakes. 1.05 billion shares or 0.91% more from 1.04 billion shares in 2017Q3 were reported. Qs Investors Limited Liability holds 22,464 shares. Peregrine Asset Advisers has invested 2.65% in The Charles Schwab Corporation (NYSE:SCHW). Pinebridge Investments LP reported 1,532 shares stake. Advisory accumulated 0% or 4,500 shares. State Of New Jersey Common Pension Fund D holds 0.09% or 470,000 shares. Sol Cap has invested 0.56% in The Charles Schwab Corporation (NYSE:SCHW). Advisor Prtnrs Ltd has invested 0.26% in The Charles Schwab Corporation (NYSE:SCHW). California Public Employees Retirement invested in 0.19% or 2.67M shares. Synovus Financial Corp, a Georgia-based fund reported 84,617 shares. Farmers Tru reported 0.98% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Tompkins Finance Corp reported 9,833 shares or 0.12% of all its holdings. Agf Investments reported 0.86% stake. Roundview Cap Ltd Liability Company invested 0.48% in The Charles Schwab Corporation (NYSE:SCHW). Pettee Investors has invested 1.14% in The Charles Schwab Corporation (NYSE:SCHW). Ensemble Capital Management Lc reported 632,765 shares.

Since October 24, 2017, it had 0 insider purchases, and 21 sales for $95.56 million activity. 5,000 The Charles Schwab Corporation (NYSE:SCHW) shares with value of $264,722 were sold by Kallsen Terri R. $290,041 worth of The Charles Schwab Corporation (NYSE:SCHW) shares were sold by Craig Jonathan M.. SCHWAB CHARLES R sold $17.69 million worth of stock or 394,935 shares. 18,663 The Charles Schwab Corporation (NYSE:SCHW) shares with value of $1.01M were sold by MCLIN STEPHEN T. The insider Murtagh Nigel J sold $799,235. Clark Bernard J. sold $1.65 million worth of stock or 30,020 shares.

Webster Bank increased its stake in Charles Schwab Corp/The (SCHW) by 88634.29% based on its latest 2017Q4 regulatory filing with the SEC. Webster Bank bought 62,044 shares as the company’s stock declined 1.06% with the market. The institutional investor held 62,114 shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $3.19 million, up from 70 at the end of the previous reported quarter. Webster Bank who had been investing in Charles Schwab Corp/The for a number of months, seems to be bullish on the $72.24 billion market cap company. The stock increased 0.94% or $0.5 during the last trading session, reaching $53.58. About 4.75M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 30.72% since April 17, 2017 and is uptrending. It has outperformed by 19.17% the S&P500.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

Among 12 analysts covering Charles Schwab (NYSE:SCHW), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Charles Schwab had 26 analyst reports since October 23, 2017 according to SRatingsIntel. Jefferies maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Tuesday, April 10. Jefferies has “Buy” rating and $6400 target. The stock has “Neutral” rating by Citigroup on Monday, January 22. Keefe Bruyette & Woods maintained it with “Buy” rating and $61.0 target in Monday, February 26 report. Morgan Stanley maintained The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, April 10 with “Overweight” rating. The rating was downgraded by Citigroup to “Hold” on Friday, January 19. The firm earned “Buy” rating on Monday, October 23 by SunTrust. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Hold” rating given on Thursday, January 18 by Nomura. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Overweight” rating given on Tuesday, January 30 by Morgan Stanley. The stock has “Buy” rating by SunTrust on Wednesday, February 14. The company was maintained on Wednesday, January 17 by Keefe Bruyette & Woods.

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

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