SJS Investment Consulting Inc. Has $801,000 Stock Position in The Charles Schwab Co. (NYSE:SCHW)

SJS Investment Consulting Inc. increased its position in shares of The Charles Schwab Co. (NYSE:SCHW) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,827 shares of the financial services provider’s stock after acquiring an additional 552 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Charles Schwab were worth $801,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. lifted its position in Charles Schwab by 15.0% during the 3rd quarter. Franklin Resources Inc. now owns 24,261,234 shares of the financial services provider’s stock valued at $1,644,674,000 after purchasing an additional 3,157,923 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Charles Schwab by 6.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 28,679,305 shares of the financial services provider’s stock valued at $1,858,706,000 after buying an additional 1,711,312 shares during the period. AustralianSuper Pty Ltd boosted its stake in Charles Schwab by 2,617.6% in the third quarter. AustralianSuper Pty Ltd now owns 1,707,771 shares of the financial services provider’s stock valued at $110,681,000 after acquiring an additional 1,644,931 shares during the last quarter. Two Sigma Advisers LP acquired a new stake in Charles Schwab during the 3rd quarter worth $86,845,000. Finally, International Assets Investment Management LLC grew its holdings in Charles Schwab by 7,559.9% during the 3rd quarter. International Assets Investment Management LLC now owns 889,779 shares of the financial services provider’s stock worth $57,667,000 after acquiring an additional 878,163 shares during the period. Institutional investors own 84.38% of the company’s stock.

Charles Schwab Stock Down 0.5 %

NYSE:SCHW opened at $81.67 on Friday. The company has a market cap of $145.34 billion, a PE ratio of 27.31, a PEG ratio of 1.46 and a beta of 0.99. The stock has a 50-day simple moving average of $77.81 and a 200 day simple moving average of $70.88. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.47 and a current ratio of 0.47. The Charles Schwab Co. has a 52-week low of $61.01 and a 52-week high of $83.35.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.11. Charles Schwab had a net margin of 30.31% and a return on equity of 18.20%. The company had revenue of $5.33 billion for the quarter, compared to the consensus estimate of $5,190,822.51 billion. During the same period last year, the company earned $0.68 earnings per share. The firm’s revenue was up 19.5% compared to the same quarter last year. On average, sell-side analysts expect that The Charles Schwab Co. will post 4.09 EPS for the current fiscal year.

Analyst Ratings Changes

SCHW has been the topic of several recent research reports. Wells Fargo & Company upgraded Charles Schwab from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $89.00 to $93.00 in a research report on Wednesday. Barclays raised their target price on Charles Schwab from $95.00 to $96.00 and gave the stock an “overweight” rating in a report on Wednesday. Raymond James lowered their price target on Charles Schwab from $76.00 to $73.00 in a research note on Tuesday, October 15th. Bank of America decreased their price objective on shares of Charles Schwab from $63.00 to $61.00 and set an “underperform” rating for the company in a report on Wednesday, October 16th. Finally, StockNews.com upgraded shares of Charles Schwab from a “sell” rating to a “hold” rating in a report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $83.83.

Insiders Place Their Bets

In related news, insider Jonathan S. Beatty sold 2,500 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $77.02, for a total transaction of $192,550.00. Following the transaction, the insider now directly owns 18,069 shares in the company, valued at approximately $1,391,674.38. The trade was a 12.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Christopher V. Dodds sold 9,284 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $81.43, for a total transaction of $755,996.12. Following the completion of the sale, the director now owns 442,807 shares of the company’s stock, valued at approximately $36,057,774.01. This represents a 2.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 41,466 shares of company stock valued at $3,352,884 in the last three months. 6.60% of the stock is currently owned by corporate insiders.

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.