Quantbot Technologies Lp adds Charles Schwab Corp (SCHW) to its portfolio

Charles Schwab Corp (SCHW) : Quantbot Technologies Lp added new position in Charles Schwab Corp during the most recent quarter end. The investment management firm now holds 292,926 shares of Charles Schwab Corp which is valued at $8,316,169 , the company said in a statement filed on Aug 2, 2016 with the SEC.Charles Schwab Corp makes up approximately 0.86% of Quantbot Technologies Lp’s portfolio.

Other Hedge Funds, Including , Community Financial Services Group reduced its stake in SCHW by selling 3,839 shares or 1.75% in the most recent quarter. The Hedge Fund company now holds 214,963 shares of SCHW which is valued at $6,102,800. Charles Schwab Corp makes up approx 2.91% of Community Financial Services Group’s portfolio.Intermede Investment Partners Ltd boosted its stake in SCHW in the latest quarter, The investment management firm added 451,688 additional shares and now holds a total of 971,307 shares of Charles Schwab Corp which is valued at $27,886,224. Charles Schwab Corp makes up approx 3.07% of Intermede Investment Partners Ltd’s portfolio.Capital Fund Management S.a. boosted its stake in SCHW in the latest quarter, The investment management firm added 231,430 additional shares and now holds a total of 492,549 shares of Charles Schwab Corp which is valued at $14,141,082. Charles Schwab Corp makes up approx 0.24% of Capital Fund Management S.a.’s portfolio.Ls Investment Advisors boosted its stake in SCHW in the latest quarter, The investment management firm added 107 additional shares and now holds a total of 24,097 shares of Charles Schwab Corp which is valued at $679,053. Charles Schwab Corp makes up approx 0.05% of Ls Investment Advisors’s portfolio.Sonora Investment Management reduced its stake in SCHW by selling 500 shares or 29.41% in the most recent quarter. The Hedge Fund company now holds 1,200 shares of SCHW which is valued at $32,520. Charles Schwab Corp makes up approx 0.02% of Sonora Investment Management’s portfolio.

Charles Schwab Corp opened for trading at $30 and hit $30.2 on the upside on Monday, eventually ending the session at $30.06, with a gain of 0.43% or 0.13 points. The heightened volatility saw the trading volume jump to 92,75,861 shares. Company has a market cap of $39,730 M.

On the company’s financial health, Charles Schwab Corp reported $0.30 EPS for the quarter, based on the information available during the earnings call on Jul 18, 2016. Analyst had a consensus estimate of $0.30. The company had revenue of $1828.00 million for the quarter, compared to analysts expectations of $1796.25 million. The company’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.

The Charles Schwab Corporation (CSC) is a savings and loan holding company. Through its subsidiaries the Company engages in wealth management securities brokerage banking money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services to individual investors retirement plan services and corporate brokerage services. The Advisor Services segment provides custodial trading and support services to independent investment advisors (IAs) and retirement business services to independent retirement plan advisors and record keepers. The Company offers a range of products to address individuals’ varying investment and financial needs. Its product offerings include brokerage mutual funds exchange-traded funds (ETFs) advice solutions banking and trust.

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