Were Analysts Bearish The Charles Schwab Corporation (NYSE:SCHW) This Week?

September 16, 2018 - By Billy Entrekin

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 increased, as 46 investors sold The Charles Schwab Corporation 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.
Neumann Capital Management Ltd Liability Corporation, California-based fund reported 18,481 shares. Wcm Management Ca has invested 0.66% in The Charles Schwab Corporation (NYSE:SCHW). Cornerstone Advsrs Incorporated owns 4,002 shares or 0.14% of their US portfolio. Oak Associate Ltd Oh holds 1.07M shares or 3.67% of its portfolio. Capstone Inv Advsrs Ltd Limited Liability Company reported 9,619 shares. Wesbanco Savings Bank stated it has 0.02% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Sei reported 0.15% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Fjarde Ap invested 0.26% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Amalgamated Bank owns 187,395 shares. Utah Retirement accumulated 222,432 shares. Wells Fargo Communication Mn invested in 0.09% or 6.17 million shares. Barclays Public Ltd Liability Company stated it has 1.36 million shares or 0.06% of all its holdings. Renaissance Group Limited Liability Com accumulated 577,448 shares. The Wisconsin-based Sadoff Investment Mgmt Ltd Co has invested 4.07% in The Charles Schwab Corporation (NYSE:SCHW). Nbt Commercial Bank N A New York reported 4,365 shares.

Since April 16, 2018, it had 0 insider purchases, and 27 sales for $194.43 million activity. Clark Bernard J. sold $1.78 million worth of stock or 29,678 shares. The insider MARTINETTO JOSEPH R sold 280,685 shares worth $15.38M. 15,718 The Charles Schwab Corporation (NYSE:SCHW) shares with value of $803,823 were sold by DODDS CHRISTOPHER V. $10.05M worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by SCHWAB CHARLES R on Tuesday, July 24. 36,285 The Charles Schwab Corporation (NYSE:SCHW) shares with value of $2.03 million were sold by Kallsen Terri R. $600,001 worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Craig Jonathan M..

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 rating was maintained by Citigroup on Monday, July 23 with “Sell”. Wells Fargo maintained the shares of SCHW in report on Wednesday, July 18 with “Market Perform” rating. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, April 25 report. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Buy” rating given on Friday, April 20 by Jefferies. The stock has “Hold” rating by Credit Suisse on Thursday, June 21. The rating was maintained by Jefferies on Tuesday, April 10 with “Buy”. On Tuesday, April 17 the stock rating was maintained by Deutsche Bank with “Hold”. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Overweight” rating given on Tuesday, April 10 by Morgan Stanley. The stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Hold” rating by Deutsche Bank on Friday, April 6. The stock has “Overweight” rating by Morgan Stanley on Wednesday, July 25. Below is a list of The Charles Schwab Corporation (NYSE:SCHW) latest ratings and price target changes.

25/07/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $63 New Target: $65 Maintain
23/07/2018 Broker: Citigroup Old Rating: Sell New Rating: Sell Old Target: $49 New Target: $48 Maintain
18/07/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $54 New Target: $56 Maintain
21/06/2018 Broker: Credit Suisse Rating: Hold New Target: $61.0000 Downgrade
05/06/2018 Broker: Compass Point Rating: Neutral New Target: $60 Initiates Coverage On
25/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $65 New Target: $63 Maintain
23/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $62 New Target: $61 Maintain
20/04/2018 Broker: Jefferies Rating: Buy New Target: $65.0000 Maintain
17/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $60 New Target: $62 Maintain
17/04/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $54 New Target: $55 Maintain

The stock increased 1.47% or $0.74 during the last trading session, reaching $51.16. About 4.53 million 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.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company has market cap of $69.12 billion. The firm operates through two divisions, Investor Services and Advisor Services. It has a 25.96 P/E ratio. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business.

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

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