The Charles Schwab Corporation (NYSE:SCHW) insider Marie A. Chandoha sold 19,074 shares of the stock in a transaction on 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 is available through the SEC website.

Shares of The Charles Schwab Corporation (NYSE SCHW) traded up 0.35% during midday trading on Friday, hitting $45.34. The stock had a trading volume of 14,106,591 shares. The firm has a market capitalization of $60.72 billion, a PE ratio of 30.43 and a beta of 1.68. The Charles Schwab Corporation has a one year low of $30.66 and a one year high of $46.21. The firm’s 50-day moving average price is $40.91 and its 200-day moving average price is $40.87.

The Charles Schwab Corporation (NYSE:SCHW) last posted 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 firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.13 billion. The Charles Schwab Corporation had a return on equity of 15.41% and a net margin of 26.73%. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 earnings per share. On average, equities analysts predict that The Charles Schwab Corporation will post $1.62 EPS for the current year.

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Several brokerages recently weighed in on SCHW. Wells Fargo & Company reaffirmed a “market perform” rating and set a $44.00 target price (up previously from $42.00) on shares of The Charles Schwab Corporation in a research note on Monday, June 12th. BidaskClub raised The Charles Schwab Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $46.00 target price on shares of The Charles Schwab Corporation in a research note on Friday, June 16th. William Blair reaffirmed an “outperform” rating on shares of The Charles Schwab Corporation in a research note on Friday, June 16th. Finally, Deutsche Bank AG decreased their target price 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. Six analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $45.69.

A number of hedge funds have recently bought and sold shares of SCHW. WealthTrust Arizona LLC lifted its holdings in The Charles Schwab Corporation by 1.2% during the second quarter. WealthTrust Arizona LLC now owns 2,466 shares of the financial services provider’s stock worth $106,000 after acquiring an additional 29 shares in the last quarter. Shine Investment Advisory Services Inc. bought a new position in The Charles Schwab Corporation during the second quarter worth about $145,000. Founders Capital Management bought a new position in The Charles Schwab Corporation during the first quarter worth about $159,000. Fiduciary Trust Co. bought a new position in The Charles Schwab Corporation during the second quarter worth about $163,000. Finally, Quadrant Capital Group LLC lifted its holdings in The Charles Schwab Corporation by 31.4% during the second quarter. Quadrant Capital Group LLC now owns 4,531 shares of the financial services provider’s stock worth $168,000 after acquiring an additional 1,082 shares in the last quarter. Hedge funds and other institutional investors own 79.53% of the company’s stock.

About The Charles Schwab Corporation

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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