Ensemble Capital Management LLC Decreased Its Holding in Schwab Charles Corp New (SCHW) as Valuation Declined

May 17, 2018 - By Christine Reyes

The Charles Schwab Corporation (NYSE:SCHW) LogoInvestors sentiment increased to 1.15 in Q4 2017. Its up 0.12, from 1.03 in 2017Q3. It improved, as 48 investors sold SCHW shares while 292 reduced holdings. 106 funds opened positions while 285 raised stakes. 1.05 billion shares or 0.91% more from 1.04 billion shares in 2017Q3 were reported. Plante Moran Financial Advisors Limited reported 273 shares. 116,856 are owned by Sandy Spring Fincl Bank. Winslow Evans And Crocker Inc has invested 0.01% in The Charles Schwab Corporation (NYSE:SCHW). The Massachusetts-based Rampart Company Ltd Company has invested 0.32% in The Charles Schwab Corporation (NYSE:SCHW). Primecap Management Company Ca has 1.37% invested in The Charles Schwab Corporation (NYSE:SCHW). Moreover, Palisade Asset Management Lc has 0.06% invested in The Charles Schwab Corporation (NYSE:SCHW). Qs Investors Lc reported 22,464 shares. Jackson Square Prtn Limited Liability Corporation has invested 2.63% in The Charles Schwab Corporation (NYSE:SCHW). Bank & Trust Of America De, North Carolina-based fund reported 10.94 million shares. Moreover, Texas Permanent School Fund has 0.21% invested in The Charles Schwab Corporation (NYSE:SCHW). Capital Investors has invested 0.09% in The Charles Schwab Corporation (NYSE:SCHW). Opus Cap Group Limited Liability Co holds 0.08% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 7,009 shares. 183,701 are owned by Shell Asset. Ameriprise Finance Incorporated invested in 11.70 million shares. First Western Cap Mngmt has invested 3.31% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW).

Since January 18, 2018, it had 0 insider buys, and 31 insider sales for $196.42 million activity. Shares for $3.88 million were sold by SCHWAB CHARLES R on Wednesday, February 14. 2,629 shares valued at $136,984 were sold by Craig Jonathan M. on Monday, April 16. 15,000 shares were sold by Murtagh Nigel J, worth $799,235 on Monday, February 26. The insider Chandoha Marie A sold $2.03M. 5,000 shares were sold by Kallsen Terri R, worth $264,722. SNEED PAULA A sold $661,156 worth of stock or 12,040 shares.

Ensemble Capital Management Llc decreased its stake in Schwab Charles Corp New (SCHW) by 8.61% based on its latest 2017Q4 regulatory filing with the SEC. Ensemble Capital Management Llc sold 59,649 shares as the company’s stock declined 1.06% with the market. The institutional investor held 632,765 shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $32.51 million, down from 692,414 at the end of the previous reported quarter. Ensemble Capital Management Llc who had been investing in Schwab Charles Corp New for a number of months, seems to be less bullish one the $80.21 billion market cap company. The stock increased 0.97% or $0.57 during the last trading session, reaching $59.45. About 3.37M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 30.72% since May 17, 2017 and is uptrending. It has outperformed by 19.17% the S&P500.

Ensemble Capital Management Llc, which manages about $381.11 million and $550.44 million US Long portfolio, upped its stake in Netflix Inc (NASDAQ:NFLX) by 68,213 shares to 82,170 shares, valued at $15.77M in 2017Q4, according to the filing.

Analysts await The Charles Schwab Corporation (NYSE:SCHW) to report earnings on July, 17. They expect $0.58 EPS, up 48.72 % or $0.19 from last year’s $0.39 per share. SCHW’s profit will be $782.53 million for 25.63 P/E if the $0.58 EPS becomes a reality. After $0.55 actual EPS reported by The Charles Schwab Corporation for the previous quarter, Wall Street now forecasts 5.45 % EPS growth.

More important recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Bizjournals.com which released: “Charles Schwab picks San Francisco for digital accelerator” on May 03, 2018, also Bizjournals.com published article titled: “Chuck Schwab on tax reform’s Bay Area impact: ‘A lot of companies will be moving their people out of here'”, Streetinsider.com published: “Charles Schwab (SCHW) Reports April Activity Highlights” on May 14, 2018. More interesting news about The Charles Schwab Corporation (NYSE:SCHW) was released by: Bizjournals.com and their article: “Charles Schwab opens up about how his struggles with dyslexia shaped him as a CEO (Video)” with publication date: May 08, 2018.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

Among 12 analysts covering Charles Schwab (NYSE:SCHW), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Charles Schwab had 30 analyst reports since December 1, 2017 according to SRatingsIntel. The rating was downgraded by Citigroup on Monday, January 22 to “Neutral”. The company was maintained on Tuesday, April 17 by Credit Suisse. The rating was maintained by SunTrust on Thursday, December 14 with “Buy”. Morgan Stanley maintained the shares of SCHW in report on Tuesday, January 30 with “Overweight” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $60.0 target in Thursday, December 21 report. On Wednesday, December 27 the stock rating was maintained by Suntrust Robinson with “Buy”. The stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Buy” rating by Keefe Bruyette & Woods on Monday, February 26. The firm has “Sell” rating by Citigroup given on Wednesday, February 7. SunTrust maintained the stock with “Buy” rating in Tuesday, December 26 report. Jefferies maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Tuesday, April 10. Jefferies has “Buy” rating and $6400 target.

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

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