Boston Partners lowered its stake in shares of The Charles Schwab Co. (NYSE:SCHW) by 33.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 632,147 shares of the financial services provider’s stock after selling 321,692 shares during the quarter. Boston Partners’ holdings in The Charles Schwab were worth $27,650,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. boosted its position in The Charles Schwab by 5.5% during the 3rd quarter. Daiwa Securities Group Inc. now owns 36,142 shares of the financial services provider’s stock valued at $1,581,000 after purchasing an additional 1,892 shares during the period. Nicolet Bankshares Inc. boosted its position in The Charles Schwab by 16.5% during the 3rd quarter. Nicolet Bankshares Inc. now owns 21,271 shares of the financial services provider’s stock valued at $930,000 after purchasing an additional 3,014 shares during the period. West Coast Financial LLC boosted its position in The Charles Schwab by 3.4% during the 3rd quarter. West Coast Financial LLC now owns 99,600 shares of the financial services provider’s stock valued at $4,357,000 after purchasing an additional 3,278 shares during the period. Cape Cod Five Cents Savings Bank boosted its position in The Charles Schwab by 14.2% during the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 43,917 shares of the financial services provider’s stock valued at $1,921,000 after purchasing an additional 5,459 shares during the period. Finally, State of Wisconsin Investment Board boosted its position in The Charles Schwab by 7.6% during the 3rd quarter. State of Wisconsin Investment Board now owns 1,183,867 shares of the financial services provider’s stock valued at $51,782,000 after purchasing an additional 83,762 shares during the period. Institutional investors and hedge funds own 79.41% of the company’s stock.

Shares of The Charles Schwab Co. (NYSE SCHW) opened at $44.07 on Monday. The company has a quick ratio of 0.30, a current ratio of 0.31 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $59,010.00, a price-to-earnings ratio of 28.38, a PEG ratio of 1.88 and a beta of 1.74. The Charles Schwab Co. has a twelve month low of $34.85 and a twelve month high of $46.21.

The Charles Schwab (NYSE:SCHW) last announced its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.01. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.18 billion. The Charles Schwab had a return on equity of 15.40% and a net margin of 27.36%. The company’s revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.35 earnings per share. analysts forecast that The Charles Schwab Co. will post 1.62 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 24th. Stockholders of record on Friday, November 10th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.32 annualized dividend and a dividend yield of 0.73%. The Charles Schwab’s dividend payout ratio (DPR) is 20.51%.

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In other news, EVP Terri R. Kallsen sold 861 shares of the business’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $44.64, for a total transaction of $38,435.04. Following the sale, the executive vice president now directly owns 3,382 shares of the company’s stock, valued at $150,972.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Terri R. Kallsen sold 815 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $43.97, for a total value of $35,835.55. The disclosure for this sale can be found here. In the last 90 days, insiders sold 373,095 shares of company stock valued at $16,694,240. Insiders own 12.00% of the company’s stock.

SCHW has been the subject of a number of analyst reports. BidaskClub lowered The Charles Schwab from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Argus restated a “buy” rating and set a $48.00 price objective (up previously from $46.00) on shares of The Charles Schwab in a research report on Friday, July 21st. Instinet restated a “neutral” rating and set a $43.00 price objective (down previously from $46.00) on shares of The Charles Schwab in a research report on Monday, July 24th. Nomura lowered The Charles Schwab from a “buy” rating to a “neutral” rating in a research report on Monday, July 24th. Finally, Morgan Stanley restated an “overweight” rating and set a $51.00 price objective (up previously from $48.00) on shares of The Charles Schwab in a research report on Tuesday, July 25th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The Charles Schwab currently has an average rating of “Buy” and a consensus price target of $47.07.

The Charles Schwab Company Profile

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

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