Eaton Vance Management Increased Stake in Schwab Charles Corp New (SCHW) by $12.48 Million

June 27, 2018 - By Sarah North

The Charles Schwab Corporation (NYSE:SCHW) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 0.87. That’s change of 0.28, from 2017Q4’s 1.15. 55 investors sold all, 335 reduced holdings as SCHW ratio fall. 258 rose positions while 81 funds took positions. Funds hold 1.05 billion shares thus 0.48% less from 2017Q4’s 1.05 billion shares. 5,767 are held by Greenleaf. Orca Ltd Liability Corp holds 0.74% or 12,380 shs in its capital. Hl Services Lc, a Kentucky-based fund reported 6,183 shs. Laffer Invests holds 0% or 55,684 shs in its capital. Clarkston Capital Prns Limited Liability Corporation has invested 0.98% in The Charles Schwab Corporation (NYSE:SCHW). Evercore Wealth Mgmt Lc owns 213,582 shs. Greatmark Investment holds 7,000 shs or 0.13% of its capital. Northstar Asset Management Limited Liability Corp holds 25,730 shs or 0.56% of its capital. Brinker Cap Inc owns 41,190 shs or 0.08% of their US capital. Arrow stated it has 0.01% in The Charles Schwab Corporation (NYSE:SCHW). 21,430 are held by Mai Management. Field & Main State Bank reported 1,400 shs. Retirement Sys Of Alabama has invested 0.15% in The Charles Schwab Corporation (NYSE:SCHW). 54,246 were reported by Usa Fincl Portformulas Corporation. Williams Jones And Ltd Com reported 275,930 shs or 0.33% of all its holdings.

SCHW registered $250.45 million net activity with 0 insider buys and 41 selling transactions since January 18, 2018. On Wednesday, May 30 a trade for 10,000 shs valued at $560,026 was made by Chandoha Marie A. Kallsen Terri R sold $264,722 worth of stock or 5,000 shs. Clark Bernard J. also sold $607,693 worth of The Charles Schwab Corporation (NYSE:SCHW) shs. MARTINETTO JOSEPH R sold $15.38 million worth of The Charles Schwab Corporation (NYSE:SCHW) on Friday, April 20. $147,297 worth of stock was sold by Craig Jonathan M. on Friday, June 15. Another trade for 12,040 shs valued at $661,156 was sold by SNEED PAULA A.

In 2018Q1 SEC form is reported Eaton Vance Management’s holdings in Schwab Charles Corp New (SCHW) which was increased by 3.27%. The company’s stock rose 6.64% while stock markets declined as Eaton Vance Management bought 239,964 shares. The institutional investor is holding 7.57 million shares, compared to the 7.33M from the previous quarter. And the reported value of the investment bankers and brokers and service company is $395.23 million for the 2018Q1. $72.11B is Schwab Charles Corp New’s market cap. Ticker’s shares touched $53.45 during the last trading session after 0.72% change.Currently The Charles Schwab Corporation is uptrending after 45.39% change in last June 27, 2017. SCHW has 1.53M shares volume. SCHW outperformed by 32.82% the S&P500.

Eaton Vance Management operates about $88.88B and $40.48 billion US Long portfolio. According to a filing the fund decreased its stake in Gilead Sciences Inc (NASDAQ:GILD) by 384,494 shares to 3.93 million shares, valued at $296.33 million in 2018Q1. Eaton Vance Management has cut its stake in Keycorp New (NYSE:KEY) and also reduced its holding in Flir Sys Inc (NASDAQ:FLIR) by 169,919 shares in the quarter, for a total of 1.64M shares.

Another two news for The Charles Schwab Corporation (NYSE:SCHW) were recently announced by: Globenewswire.com on June 27, 2018 with title “Detailed Research: Economic Perspectives on Comerica, Vanda Pharmaceuticals, Acadia Healthcare, The Charles …”. The other Bizjournals.com‘s article was titled “Exclusive: Fitbit lists major chunk of San Francisco office space for sublease amid hot market” and announced on June 20, 2018.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

In total 12 analysts cover Charles Schwab (NYSE:SCHW). “Buy” rating has 5, “Sell” are 1, while 6 are “Hold”. (NYSE:SCHW) has 42% bullish analysts. With $69 highest and $49.0 lowest price target, Charles Schwab has $58.86 average price target or 10.12% above the current ($53.45) price. 27 are the (NYSE:SCHW)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Wednesday, February 14 the firm has “Buy” rating by SunTrust given. On Thursday, June 21 the stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Hold” rating by Credit Suisse. On Tuesday, January 30 the firm has “Overweight” rating given by Morgan Stanley. The company rating was maintained by Sandler O’Neill on Wednesday, January 17. On Friday, April 6 the firm has “Hold” rating by Deutsche Bank given. On Tuesday, April 17 Deutsche Bank maintained The Charles Schwab Corporation (NYSE:SCHW) rating. Deutsche Bank has “Hold” rating and $55 target. On Wednesday, April 25 the firm earned “Overweight” rating by Morgan Stanley. On Wednesday, February 7 the stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Sell” rating by Citigroup. On Tuesday, February 6 the company was maintained by Keefe Bruyette & Woods. On Wednesday, April 11 the firm has “Buy” rating given by Credit Suisse.

The Charles Schwab Corporation (NYSE:SCHW) Institutional Investors Chart

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