Mount Yale Investment Advisors LLC Purchases 4,154 Shares of The Charles Schwab Co. (NYSE:SCHW)

Mount Yale Investment Advisors LLC grew its holdings in shares of The Charles Schwab Co. (NYSE:SCHW) by 16.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,797 shares of the financial services provider’s stock after buying an additional 4,154 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Charles Schwab were worth $2,131,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SCHW. Kavar Capital Partners Group LLC grew its holdings in Charles Schwab by 0.7% in the fourth quarter. Kavar Capital Partners Group LLC now owns 71,463 shares of the financial services provider’s stock worth $5,289,000 after purchasing an additional 505 shares during the period. Pacer Advisors Inc. grew its stake in shares of Charles Schwab by 7.4% in the 4th quarter. Pacer Advisors Inc. now owns 119,588 shares of the financial services provider’s stock worth $8,851,000 after buying an additional 8,223 shares during the last quarter. United Asset Strategies Inc. increased its position in Charles Schwab by 1.3% during the 4th quarter. United Asset Strategies Inc. now owns 188,239 shares of the financial services provider’s stock valued at $13,932,000 after buying an additional 2,497 shares in the last quarter. KBC Group NV raised its stake in Charles Schwab by 186.7% during the fourth quarter. KBC Group NV now owns 2,138,033 shares of the financial services provider’s stock valued at $158,236,000 after buying an additional 1,392,255 shares during the last quarter. Finally, Capital Asset Advisory Services LLC bought a new stake in Charles Schwab in the fourth quarter worth $202,000. 84.38% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Charles Schwab

In related news, Director Christopher V. Dodds sold 9,284 shares of the firm’s 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 transaction, the director now directly owns 442,807 shares of the company’s stock, valued at approximately $36,057,774.01. This trade represents a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jonathan S. Beatty sold 2,500 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $77.02, for a total transaction of $192,550.00. Following the completion of the sale, the insider now owns 18,069 shares in the company, valued at approximately $1,391,674.38. The trade was a 12.15 % 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 over the last 90 days. 6.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SCHW shares. Cowen lifted their price target on Charles Schwab from $69.00 to $75.00 and gave the stock a “hold” rating in a research report on Tuesday, October 15th. Redburn Partners dropped their target price on shares of Charles Schwab from $70.00 to $68.00 and set a “sell” rating on the stock in a research note on Friday, January 17th. Citigroup raised their price target on shares of Charles Schwab from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Wednesday, January 22nd. StockNews.com upgraded Charles Schwab from a “sell” rating to a “hold” rating in a research note on Wednesday, October 16th. Finally, JPMorgan Chase & Co. boosted their price target on Charles Schwab from $87.00 to $93.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 7th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $83.83.

Charles Schwab Stock Down 0.5 %

SCHW opened at $81.67 on Monday. The firm’s 50 day simple moving average is $77.81 and its two-hundred day simple moving average is $70.83. The company has a market capitalization of $145.34 billion, a PE ratio of 27.31, a PEG ratio of 1.46 and a beta of 0.99. The Charles Schwab Co. has a 1-year low of $61.01 and a 1-year high of $83.35. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.59.

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

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.