Charles Schwab INC (SCHW) Stock Value Declined While Ami Asset Management Corp Has Decreased Holding by $8.58 Million

September 16, 2018 - By Lisa Delgado

The Charles Schwab Corporation (NYSE:SCHW) LogoInvestors sentiment increased to 1.11 in Q2 2018. Its up 0.24, from 0.87 in 2018Q1. It improved, as 46 investors sold SCHW shares while 307 reduced holdings. 93 funds opened positions while 300 raised stakes. 1.05 billion shares or 0.22% more from 1.05 billion shares in 2018Q1 were reported. Cipher Cap Ltd Partnership reported 0.3% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Cullen Frost Bankers stated it has 448,316 shares. Oakworth Cap Inc holds 0.01% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 1,200 shares. Bankshares Of Nova Scotia reported 131,905 shares. Moreover, Oregon Pub Employees Retirement Fund has 0.22% invested in The Charles Schwab Corporation (NYSE:SCHW) for 297,716 shares. Monetary Mngmt has invested 0.03% in The Charles Schwab Corporation (NYSE:SCHW). Guggenheim Ltd Limited Liability Company reported 429,494 shares. Greatmark Prns holds 0.12% or 7,000 shares in its portfolio. Smith Asset Management Gp LP holds 0% or 200 shares. Cubist Systematic Strategies Ltd Llc owns 76,194 shares for 0.2% of their portfolio. Kelly Lawrence W & Associates Ca holds 17,557 shares. Dorsey & Whitney Trust accumulated 56,250 shares. Nuveen Asset Limited Liability Company, Illinois-based fund reported 55,021 shares. Broad Run Mngmt Limited Company holds 4.67M shares or 8.12% of its portfolio. 3.27M were accumulated by Principal Group.

Since April 16, 2018, it had 0 buys, and 27 sales for $194.43 million activity. $14.41M worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by SCHWAB CHARLES R on Tuesday, April 24. Shares for $6.80M were sold by Bettinger Walter W on Monday, May 21. Clark Bernard J. sold $1.78 million worth of stock or 29,678 shares. Chandoha Marie A sold $2.03 million worth of The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, May 1. Murtagh Nigel J had sold 13,000 shares worth $727,580 on Friday, April 27. The insider Garfield David R sold $2.13M.

Ami Asset Management Corp decreased its stake in Charles Schwab Inc (SCHW) by 20.09% based on its latest 2018Q2 regulatory filing with the SEC. Ami Asset Management Corp sold 168,138 shares as the company’s stock declined 11.59% while stock markets rallied. The hedge fund held 668,586 shares of the investment bankers and brokers and service company at the end of 2018Q2, valued at $34.17 million, down from 836,724 at the end of the previous reported quarter. Ami Asset Management Corp who had been investing in Charles Schwab Inc for a number of months, seems to be less bullish one the $69.12 billion market cap company. The stock increased 1.47% or $0.74 during the last trading session, reaching $51.16. About 4.53M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 27.28% since September 16, 2017 and is uptrending. It has outperformed by 11.66% the S&P500.

Analysts await The Charles Schwab Corporation (NYSE:SCHW) to report earnings on October, 15. They expect $0.63 earnings per share, up 50.00 % or $0.21 from last year’s $0.42 per share. SCHW’s profit will be $851.16M for 20.30 P/E if the $0.63 EPS becomes a reality. After $0.60 actual earnings per share reported by The Charles Schwab Corporation for the previous quarter, Wall Street now forecasts 5.00 % EPS growth.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

Among 9 analysts covering Charles Schwab (NYSE:SCHW), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Charles Schwab had 16 analyst reports since April 6, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, April 17 by Credit Suisse. Morgan Stanley maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Wednesday, April 25. Morgan Stanley has “Overweight” rating and $63 target. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Market Perform” rating given on Wednesday, July 18 by Wells Fargo. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Buy” rating given on Monday, April 16 by Keefe Bruyette & Woods. The stock has “Buy” rating by Jefferies on Tuesday, April 10. The stock has “Overweight” rating by Morgan Stanley on Tuesday, April 10. As per Friday, April 20, the company rating was maintained by Jefferies. Credit Suisse maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Wednesday, April 11. Credit Suisse has “Buy” rating and $6000 target. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Outperform” rating given on Monday, April 23 by Credit Suisse. The firm has “Hold” rating given on Thursday, June 21 by Credit Suisse.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.