Oak Associates LTD Position in Charles Schwab Corp (SCHW) Decreased as Stock Declined

August 11, 2017 - By Stephen Andrade

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.08, from 1.05 in 2016Q3. It increased, as 52 investors sold SCHW shares while 266 reduced holdings. 119 funds opened positions while 240 raised stakes. 1.02 billion shares or 2.31% more from 1.00 billion shares in 2016Q3 were reported. Gillespie Robinson & Grimm, Connecticut-based fund reported 620,940 shares. Aspiriant Lc has invested 0.27% in Charles Schwab Corp (NYSE:SCHW). Edge Asset Mngmt Inc accumulated 537,408 shares or 0.16% of the stock. Ycg Limited Liability Company owns 445,581 shares. Victory Capital Management holds 993,103 shares or 0.1% of its portfolio. First Western Mgmt reported 137,633 shares or 2.95% of all its holdings. 215,205 were accumulated by Community Services Gru Ltd Limited Liability Company. 12,480 are held by Hermes Invest Management. Checchi Advisers Lc, a California-based fund reported 9,334 shares. Evermay Wealth Mngmt Ltd Liability Corporation invested 0.13% in Charles Schwab Corp (NYSE:SCHW). Lmr Ptnrs Llp owns 27,852 shares for 0.17% of their portfolio. Generation Management Limited Liability Partnership has 1.97% invested in Charles Schwab Corp (NYSE:SCHW) for 4.37 million shares. Davenport And Lc holds 12,987 shares or 0.01% of its portfolio. Westwood Mngmt Il stated it has 469,200 shares or 3.56% of all its holdings. Massachusetts-based Loomis Sayles & LP has invested 0% in Charles Schwab Corp (NYSE:SCHW).

Since February 13, 2017, it had 0 buys, and 8 selling transactions for $34.59 million activity. 35,930 shares were sold by Clark Bernard J., worth $1.55 million. $630,097 worth of Charles Schwab Corp (NYSE:SCHW) was sold by Chandoha Marie A on Wednesday, March 1. SCHWAB CHARLES R sold $30.68 million worth of stock. The insider Goldfarb Mark A sold $642,228.

Oak Associates Ltd decreased its stake in Charles Schwab Corp (SCHW) by 18.46% based on its latest 2016Q4 regulatory filing with the SEC. Oak Associates Ltd sold 244,136 shares as the company’s stock declined 7.92% while stock markets rallied. The institutional investor held 1.08M shares of the investment bankers and brokers and service company at the end of 2016Q4, valued at $42.58M, down from 1.32 million at the end of the previous reported quarter. Oak Associates Ltd who had been investing in Charles Schwab Corp for a number of months, seems to be less bullish one the $54.31 billion market cap company. The stock declined 0.12% or $0.05 reaching $40.56 per share. About 3.39M shares traded. Charles Schwab Corp (NYSE:SCHW) has risen 32.11% since August 11, 2016 and is uptrending. It has outperformed by 15.41% the S&P500.

Oak Associates Ltd, which manages about $1.01 billion and $1.01B US Long portfolio, upped its stake in Facebook Inc. Cl A (NASDAQ:FB) by 68,174 shares to 185,380 shares, valued at $21.33 million in 2016Q4, according to the filing.

More notable recent Charles Schwab Corp (NYSE:SCHW) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: South State, Charles Schwab and Great Western Bancorp” on August 07, 2017, also Thestreet.com with their article: “Jefferies Sees 15% Upside for Charles Schwab” published on July 18, 2017, Nasdaq.com published: “Bp Plc Buys Wal-Mart Stores Inc, NVIDIA Corp, Charles Schwab Corp, Sells …” on August 01, 2017. More interesting news about Charles Schwab Corp (NYSE:SCHW) were released by: Streetinsider.com and their article: “Instinet Downgrades Charles Schwab Corp. (SCHW) to Neutral” published on July 24, 2017 as well as Bizjournals.com‘s news article titled: “Pittsburgh’s sixth Charles Schwab branch opens” with publication date: August 02, 2017.

Charles Schwab Corp (NYSE:SCHW) Ratings Coverage

Among 20 analysts covering Charles Schwab (NYSE:SCHW), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 70% are positive. Charles Schwab had 61 analyst reports since August 11, 2015 according to SRatingsIntel. SunTrust upgraded Charles Schwab Corp (NYSE:SCHW) on Tuesday, October 18 to “Buy” rating. The firm has “Buy” rating by SunTrust given on Monday, December 19. Deutsche Bank downgraded the shares of SCHW in report on Tuesday, July 11 to “Hold” rating. As per Tuesday, August 11, the company rating was maintained by Barclays Capital. As per Monday, September 26, the company rating was initiated by Morgan Stanley. Suntrust Robinson upgraded the shares of SCHW in report on Monday, December 19 to “Buy” rating. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, December 8 report. The firm has “Buy” rating by Deutsche Bank given on Friday, October 16. Deutsche Bank maintained it with “Buy” rating and $36 target in Wednesday, October 5 report. Barclays Capital maintained the shares of SCHW in report on Tuesday, August 9 with “Overweight” rating.

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