The Charles Schwab Corporation (NYSE:SCHW) EVP Terri R. Kallsen sold 1,982 shares of the stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $50.55, for a total value of $100,190.10. Following the completion of the transaction, the executive vice president now owns 1,706 shares of the company’s stock, valued at approximately $86,238.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

The Charles Schwab Corporation (NYSE SCHW) traded down $0.24 during midday trading on Wednesday, hitting $50.54. The stock had a trading volume of 6,505,383 shares, compared to its average volume of 7,075,994. The Charles Schwab Corporation has a 52-week low of $37.16 and a 52-week high of $51.89. The stock has a market capitalization of $69,106.70, a PE ratio of 33.04, a P/E/G ratio of 2.19 and a beta of 1.74. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.30 and a current ratio of 0.31.

The Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01. The Charles Schwab had a return on equity of 15.77% and a net margin of 27.30%. The company had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same period last year, the firm posted $0.35 earnings per share. The Charles Schwab’s revenue was up 13.1% compared to the same quarter last year. equities research analysts expect that The Charles Schwab Corporation will post 1.62 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Friday, November 10th were given a dividend of $0.08 per share. The ex-dividend date was Thursday, November 9th. This represents a $0.32 annualized dividend and a dividend yield of 0.63%. The Charles Schwab’s dividend payout ratio (DPR) is presently 20.51%.

Several institutional investors have recently added to or reduced their stakes in the stock. Lowe Brockenbrough & Co. Inc. boosted its position in shares of The Charles Schwab by 0.9% during the second quarter. Lowe Brockenbrough & Co. Inc. now owns 6,770 shares of the financial services provider’s stock valued at $291,000 after buying an additional 62 shares during the last quarter. Summit Asset Management LLC lifted its holdings in The Charles Schwab by 0.6% in the second quarter. Summit Asset Management LLC now owns 12,158 shares of the financial services provider’s stock valued at $522,000 after acquiring an additional 70 shares during the period. Ballentine Partners LLC lifted its holdings in The Charles Schwab by 0.7% in the second quarter. Ballentine Partners LLC now owns 12,689 shares of the financial services provider’s stock valued at $544,000 after acquiring an additional 93 shares during the period. Ironwood Investment Management LLC lifted its holdings in The Charles Schwab by 1.3% in the second quarter. Ironwood Investment Management LLC now owns 8,122 shares of the financial services provider’s stock valued at $349,000 after acquiring an additional 103 shares during the period. Finally, Raymond James Trust N.A. lifted its holdings in The Charles Schwab by 1.7% in the second quarter. Raymond James Trust N.A. now owns 8,618 shares of the financial services provider’s stock valued at $371,000 after acquiring an additional 144 shares during the period. 79.84% of the stock is currently owned by institutional investors.

A number of equities analysts have issued reports on the company. BidaskClub downgraded The Charles Schwab from a “hold” rating to a “sell” rating in a report on Monday, August 14th. Barclays increased their target price on The Charles Schwab from $48.00 to $51.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 10th. Credit Suisse Group started coverage on The Charles Schwab in a research note on Thursday, November 30th. They issued an “outperform” rating and a $55.00 target price on the stock. Morgan Stanley increased their target price on The Charles Schwab from $51.00 to $53.00 and gave the stock an “overweight” rating in a research note on Thursday, October 5th. Finally, Jefferies Group reissued a “buy” rating and issued a $49.00 target price on shares of The Charles Schwab in a research note on Friday, September 15th. Six analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $47.56.

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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.

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

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