Charles Schwab Corp (SCHW) : Hanson Doremus Investment Management scooped up 902 additional shares in Charles Schwab Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 128,450 shares of Charles Schwab Corp which is valued at $3.5 Million.Charles Schwab Corp makes up approximately 1.64% of Hanson Doremus Investment Management’s portfolio.
Other Hedge Funds, Including , Ancora Inverness boosted its stake in SCHW in the latest quarter, The investment management firm added 3,062 additional shares and now holds a total of 34,160 shares of Charles Schwab Corp which is valued at $940,425. Charles Schwab Corp makes up approx 0.38% of Ancora Inverness’s portfolio.Mycio Wealth Partners boosted its stake in SCHW in the latest quarter, The investment management firm added 38 additional shares and now holds a total of 386 shares of Charles Schwab Corp which is valued at $10,627.Dubuque Bank Trust Co reduced its stake in SCHW by selling 204 shares or 24.26% in the most recent quarter. The Hedge Fund company now holds 637 shares of SCHW which is valued at $17,396.Diam Ltd. reduced its stake in SCHW by selling 482 shares or 0.22% in the most recent quarter. The Hedge Fund company now holds 217,180 shares of SCHW which is valued at $5.9 Million. Charles Schwab Corp makes up approx 0.09% of Diam Ltd.’s portfolio.Asset Dedication reduced its stake in SCHW by selling 386 shares or 96.26% in the most recent quarter. The Hedge Fund company now holds 15 shares of SCHW which is valued at $426.
Charles Schwab Corp opened for trading at $29.19 and hit $29.58 on the upside on Friday, eventually ending the session at $29.44, with a gain of 1.66% or 0.48 points. The heightened volatility saw the trading volume jump to 86,08,517 shares. Company has a market cap of $38,911 M.
On the company’s financial health, Charles Schwab Corp reported $0.29 EPS for the quarter, based on the information available during the earnings call on Apr 15, 2016. Analyst had a consensus estimate of $0.29. The company had revenue of $1764.00 million for the quarter, compared to analysts expectations of $1754.29 million. The company’s revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS.
Many Wall Street Analysts have commented on Charles Schwab Corp. Company shares were Reiterated by UBS on Mar 15, 2016 to “Buy”, Firm has raised the Price Target to $ 31 from a previous price target of $29 .Charles Schwab Corp was Upgraded by Credit Agricole to ” Outperform” on Feb 16, 2016.
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.