The Charles Schwab Corporation (NYSE:SCHW) insider Marie A. Chandoha sold 19,074 shares of the company’s stock in a transaction dated Friday, October 6th. The stock was sold at an average price of $45.94, for a total value of $876,259.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of The Charles Schwab Corporation (NYSE SCHW) opened at 45.34 on Friday. The stock has a market capitalization of $60.72 billion, a P/E ratio of 30.43 and a beta of 1.68. The firm’s 50-day moving average price is $41.08 and its 200-day moving average price is $40.89. The Charles Schwab Corporation has a 12 month low of $30.66 and a 12 month high of $46.21.

The Charles Schwab Corporation (NYSE:SCHW) last issued its earnings results on Tuesday, July 18th. The financial services provider reported $0.39 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.39. The business had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.13 billion. The Charles Schwab Corporation had a return on equity of 15.41% and a net margin of 26.73%. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.30 EPS. On average, equities research analysts forecast that The Charles Schwab Corporation will post $1.62 EPS for the current year.

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A number of equities analysts have recently weighed in on SCHW shares. William Blair reaffirmed an “outperform” rating on shares of The Charles Schwab Corporation in a research note on Friday, June 16th. Deutsche Bank AG dropped their price objective on The Charles Schwab Corporation from $47.00 to $46.00 and set a “buy” rating for the company in a research note on Tuesday, July 4th. BidaskClub lowered The Charles Schwab Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $49.00 price objective on shares of The Charles Schwab Corporation in a research note on Friday, September 15th. Finally, Morgan Stanley upped their price objective on The Charles Schwab Corporation from $51.00 to $53.00 and gave the stock an “overweight” rating in a research note on Thursday. Six research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $45.69.

Several institutional investors have recently modified their holdings of the company. WealthTrust Arizona LLC boosted its holdings in shares of The Charles Schwab Corporation by 1.2% during the 2nd quarter. WealthTrust Arizona LLC now owns 2,466 shares of the financial services provider’s stock worth $106,000 after purchasing an additional 29 shares during the last quarter. Lowe Brockenbrough & Co. Inc. boosted its holdings in shares of The Charles Schwab Corporation by 0.9% during the 2nd quarter. Lowe Brockenbrough & Co. Inc. now owns 6,770 shares of the financial services provider’s stock worth $291,000 after purchasing an additional 62 shares during the last quarter. Norway Savings Bank boosted its holdings in shares of The Charles Schwab Corporation by 0.7% during the 2nd quarter. Norway Savings Bank now owns 9,583 shares of the financial services provider’s stock worth $412,000 after purchasing an additional 63 shares during the last quarter. Atria Investments LLC boosted its holdings in shares of The Charles Schwab Corporation by 0.4% during the 2nd quarter. Atria Investments LLC now owns 15,025 shares of the financial services provider’s stock worth $645,000 after purchasing an additional 65 shares during the last quarter. Finally, Guardian Life Insurance Co. of America boosted its holdings in shares of The Charles Schwab Corporation by 1.5% during the 1st quarter. Guardian Life Insurance Co. of America now owns 4,692 shares of the financial services provider’s stock worth $191,000 after purchasing an additional 70 shares during the last quarter. Institutional investors and hedge funds own 79.53% of the company’s stock.

The Charles Schwab Corporation 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.

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

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