GW Henssler & Associates Ltd. Sells 1,792 Shares of The Charles Schwab Co. (NYSE:SCHW)

GW Henssler & Associates Ltd. decreased its holdings in The Charles Schwab Co. (NYSE:SCHW) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 283,125 shares of the financial services provider’s stock after selling 1,792 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in Charles Schwab were worth $20,954,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHW. Czech National Bank boosted its position in shares of Charles Schwab by 7.0% during the 3rd quarter. Czech National Bank now owns 304,322 shares of the financial services provider’s stock worth $19,723,000 after purchasing an additional 19,833 shares in the last quarter. Handelsbanken Fonder AB raised its stake in Charles Schwab by 0.7% during the 3rd quarter. Handelsbanken Fonder AB now owns 480,867 shares of the financial services provider’s stock worth $31,165,000 after buying an additional 3,138 shares during the period. Eagle Rock Investment Company LLC bought a new position in Charles Schwab in the third quarter worth approximately $1,314,000. Salvus Wealth Management LLC grew its stake in Charles Schwab by 0.7% in the third quarter. Salvus Wealth Management LLC now owns 74,818 shares of the financial services provider’s stock valued at $4,849,000 after acquiring an additional 519 shares during the period. Finally, MBM Wealth Consultants LLC increased its holdings in shares of Charles Schwab by 10.4% during the third quarter. MBM Wealth Consultants LLC now owns 17,052 shares of the financial services provider’s stock valued at $1,105,000 after acquiring an additional 1,607 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Jefferies Financial Group raised their price objective on shares of Charles Schwab from $84.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, December 9th. StockNews.com raised shares of Charles Schwab from a “sell” rating to a “hold” rating in a research report on Wednesday, October 16th. UBS Group boosted their price objective on Charles Schwab from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Morgan Stanley raised their target price on Charles Schwab from $74.00 to $84.00 and gave the company an “equal weight” rating in a report on Friday, January 17th. Finally, The Goldman Sachs Group upped their price target on Charles Schwab from $67.00 to $74.00 and gave the stock a “neutral” rating in a report on Wednesday, October 16th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $84.11.

Insider Activity 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 stock was sold at an average price of $81.43, for a total value of $755,996.12. Following the completion of the sale, the director now directly owns 442,807 shares in the company, valued at $36,057,774.01. This trade represents a 2.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jonathan S. Beatty sold 2,300 shares of Charles Schwab stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $82.01, for a total transaction of $188,623.00. Following the transaction, the insider now directly owns 18,069 shares of the company’s stock, valued at approximately $1,481,838.69. This represents a 11.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 50,014 shares of company stock valued at $4,052,281. Corporate insiders own 6.60% of the company’s stock.

Charles Schwab Stock Down 1.0 %

Shares of Charles Schwab stock opened at $82.73 on Monday. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.59. The Charles Schwab Co. has a twelve month low of $61.01 and a twelve month high of $83.84. The company has a market cap of $147.22 billion, a price-to-earnings ratio of 27.67, a price-to-earnings-growth ratio of 1.01 and a beta of 0.99. The company’s 50 day moving average is $77.97 and its 200 day moving average is $71.16.

Charles Schwab (NYSE:SCHW) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.11. Charles Schwab had a net margin of 30.31% and a return on equity of 18.20%. The company had revenue of $5.33 billion during the quarter, compared to analyst estimates of $5.19 billion. During the same period in the previous year, the business posted $0.68 earnings per share. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. Research analysts anticipate that The Charles Schwab Co. will post 4.18 EPS for the current year.

Charles Schwab Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.27 per share. This is a positive change from Charles Schwab’s previous quarterly dividend of $0.25. The ex-dividend date is Friday, February 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.31%. Charles Schwab’s dividend payout ratio is currently 33.44%.

Charles Schwab 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.