Compass Wealth Management LLC Trims Position in The Charles Schwab Co. (NYSE:SCHW)

Compass Wealth Management LLC decreased its position in shares of The Charles Schwab Co. (NYSE:SCHW) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,865 shares of the financial services provider’s stock after selling 1,965 shares during the quarter. Compass Wealth Management LLC’s holdings in Charles Schwab were worth $2,654,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in Charles Schwab in the third quarter valued at approximately $25,000. Washington Trust Advisors Inc. lifted its stake in shares of Charles Schwab by 62.6% in the 3rd quarter. Washington Trust Advisors Inc. now owns 387 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 149 shares during the last quarter. Prospera Private Wealth LLC purchased a new position in shares of Charles Schwab during the 3rd quarter worth $31,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Charles Schwab during the 3rd quarter worth about $32,000. Finally, Planning Capital Management Corp purchased a new stake in Charles Schwab in the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Charles Schwab Trading Down 0.5 %

SCHW opened at $81.67 on Friday. The firm has a market cap of $145.34 billion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 1.46 and a beta of 0.99. The Charles Schwab Co. has a 52 week low of $61.01 and a 52 week high of $83.35. The business’s 50 day moving average is $77.81 and its two-hundred day moving average is $70.88. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.59.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Tuesday, January 21st. The financial services provider reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.11. The firm had revenue of $5.33 billion during the quarter, compared to analysts’ expectations of $5,190,822.51 billion. Charles Schwab had a net margin of 30.31% and a return on equity of 18.20%. Charles Schwab’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.68 EPS. On average, research analysts predict that The Charles Schwab Co. will post 4.09 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Charles Schwab from $98.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday. Jefferies Financial Group raised their target price on Charles Schwab from $84.00 to $94.00 and gave the company a “buy” rating in a report on Monday, December 9th. Wells Fargo & Company upgraded shares of Charles Schwab from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $89.00 to $93.00 in a research note on Wednesday. StockNews.com raised shares of Charles Schwab from a “sell” rating to a “hold” rating in a research note on Wednesday, October 16th. Finally, Keefe, Bruyette & Woods upped their target price on shares of Charles Schwab from $81.00 to $93.00 and gave the stock an “outperform” rating in a research note on Friday, December 20th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Charles Schwab presently has a consensus rating of “Hold” and a consensus target price of $83.83.

Insider Activity at Charles Schwab

In related news, Director Christopher V. Dodds sold 9,284 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $81.43, for a total transaction of $755,996.12. Following the sale, the director now owns 442,807 shares of the company’s stock, valued at approximately $36,057,774.01. The trade was a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jonathan S. Beatty sold 2,500 shares of Charles Schwab stock in a transaction that occurred 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 sale, the insider now owns 18,069 shares of the company’s stock, valued at approximately $1,391,674.38. The trade was a 12.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,466 shares of company stock worth $3,352,884 in the last quarter. Company insiders own 6.60% of the company’s stock.

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.