The Charles Schwab Co. (NYSE:SCHW) CFO Peter B. Crawford Sells 5,482 Shares

The Charles Schwab Co. (NYSE:SCHW - Get Free Report) CFO Peter B. Crawford sold 5,482 shares of Charles Schwab stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $73.46, for a total value of $402,707.72. Following the completion of the sale, the chief financial officer now directly owns 60,567 shares in the company, valued at approximately $4,449,251.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Charles Schwab Price Performance

Shares of SCHW stock traded up $0.42 during trading on Thursday, hitting $72.92. The company had a trading volume of 8,207,565 shares, compared to its average volume of 7,756,188. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market capitalization of $129.51 billion, a P/E ratio of 30.51, a price-to-earnings-growth ratio of 1.10 and a beta of 1.01. The stock's 50-day moving average price is $68.38 and its 200 day moving average price is $62.89. The Charles Schwab Co. has a one year low of $45.65 and a one year high of $73.88.

Charles Schwab (NYSE:SCHW - Get Free Report) last issued its quarterly earnings results on Wednesday, January 17th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.04. The business had revenue of $4.46 billion during the quarter, compared to analysts' expectations of $4.49 billion. Charles Schwab had a return on equity of 19.86% and a net margin of 26.14%. The firm's revenue for the quarter was down 18.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 earnings per share. Equities analysts expect that The Charles Schwab Co. will post 3.41 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Friday, February 9th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.37%. The ex-dividend date of this dividend was Thursday, February 8th. Charles Schwab's dividend payout ratio (DPR) is currently 41.84%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Citigroup boosted their price target on Charles Schwab from $70.00 to $75.00 and gave the stock a "neutral" rating in a research report on Thursday, April 11th. StockNews.com raised Charles Schwab from a "sell" rating to a "hold" rating in a research report on Friday, March 15th. JPMorgan Chase & Co. boosted their price target on Charles Schwab from $86.00 to $89.00 and gave the stock an "overweight" rating in a research report on Tuesday. Morgan Stanley boosted their price target on Charles Schwab from $65.00 to $71.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 9th. Finally, Keefe, Bruyette & Woods boosted their price target on Charles Schwab from $75.00 to $76.00 and gave the stock a "market perform" rating in a research report on Tuesday. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $74.47.

Institutional Investors Weigh In On Charles Schwab

Several institutional investors and hedge funds have recently added to or reduced their stakes in SCHW. Signet Financial Management LLC increased its holdings in shares of Charles Schwab by 0.3% during the fourth quarter. Signet Financial Management LLC now owns 49,378 shares of the financial services provider's stock worth $4,111,000 after buying an additional 139 shares in the last quarter. Ironwood Financial llc boosted its position in Charles Schwab by 1.6% during the first quarter. Ironwood Financial llc now owns 10,186 shares of the financial services provider's stock valued at $737,000 after acquiring an additional 160 shares during the last quarter. Courier Capital LLC boosted its position in Charles Schwab by 0.4% during the fourth quarter. Courier Capital LLC now owns 45,539 shares of the financial services provider's stock valued at $3,133,000 after acquiring an additional 161 shares during the last quarter. Investment Advisory Services Inc. TX ADV boosted its position in Charles Schwab by 0.5% during the fourth quarter. Investment Advisory Services Inc. TX ADV now owns 32,642 shares of the financial services provider's stock valued at $2,718,000 after acquiring an additional 164 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its position in shares of Charles Schwab by 60.0% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 440 shares of the financial services provider's stock worth $30,000 after purchasing an additional 165 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors.

Charles Schwab Company Profile

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services.

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