Brave Warrior Advisors LLC Cut Schwab Charles Corp New (SCHW) Position as Valuation Declined

January 21, 2018 - By Dolores Ford

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.27, from 1.3 in 2017Q2. It dived, as 41 investors sold SCHW shares while 299 reduced holdings. 75 funds opened positions while 275 raised stakes. 1.04 billion shares or 0.62% less from 1.05 billion shares in 2017Q2 were reported. Cornerstone Advsrs invested in 0.35% or 70,000 shares. Fortaleza Asset Mngmt holds 14,300 shares. Azimuth Cap Management holds 0.65% or 198,360 shares in its portfolio. Essex Limited Liability Com accumulated 53,747 shares. Ami Asset Mgmt Corporation reported 889,955 shares. 67,804 are held by Marietta Partners Limited Liability Corporation. Moreover, Oregon Pub Employees Retirement Fund has 0.09% invested in The Charles Schwab Corporation (NYSE:SCHW) for 129,856 shares. First Personal Svcs holds 0% in The Charles Schwab Corporation (NYSE:SCHW) or 461 shares. Meiji Yasuda Life reported 62,200 shares. Winslow Asset Inc accumulated 375,390 shares. Cookson Peirce And Co stated it has 0.95% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Moreover, Blackrock has 0.17% invested in The Charles Schwab Corporation (NYSE:SCHW). Generation Invest Mgmt Llp has invested 4.3% in The Charles Schwab Corporation (NYSE:SCHW). Badgley Phelps And Bell reported 0.68% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Amer Registered Investment Advisor owns 28,490 shares for 0.63% of their portfolio.

Since August 2, 2017, it had 0 insider purchases, and 18 sales for $48.08 million activity. BECHTLE NANCY H had sold 23,207 shares worth $998,528. $876,166 worth of stock was sold by Chandoha Marie A on Friday, October 6. On Wednesday, September 6 the insider Kallsen Terri R sold $38,987. Murtagh Nigel J also sold $361,194 worth of The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, October 31. $3.31M worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Clark Bernard J..

Glenn Greenberg decreased its stake in Schwab Charles Corp New (SCHW) by 2.18% based on its latest 2017Q3 regulatory filing with the SEC. Brave Warrior Advisors Llc sold 159,283 shares as the company’s stock declined 7.92% while stock markets rallied. The hedge fund run by Glenn Greenberg held 7.14M shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $312.44 million, down from 7.30M at the end of the previous reported quarter. Brave Warrior Advisors Llc who had been investing in Schwab Charles Corp New for a number of months, seems to be less bullish one the $74.38B market cap company. The stock increased 0.27% or $0.15 during the last trading session, reaching $55.48. About 7.44M shares traded or 22.26% up from the average. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since January 21, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

More notable recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Streetinsider.com which released: “Charles Schwab Corp. (SCHW) PT Raised to $63 at SunTrust Robinson Humphrey …” on December 26, 2017, also Seekingalpha.com with their article: “Schwab down 1% after Q4 results” published on January 17, 2018, Gurufocus.com published: “Liberty Capital Management, Inc. Buys Neogen Corp, Charles Schwab Corp …” on January 16, 2018. More interesting news about The Charles Schwab Corporation (NYSE:SCHW) were released by: Valuewalk.com and their article: “Charles Schwab Corp (SCHW) Activist Update – Activist Investor Filings for …” published on January 12, 2018 as well as Bizjournals.com‘s news article titled: “Charles Schwab expands footprint in DFW with new deal at AllianceTexas” with publication date: January 12, 2018.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

Among 23 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. Charles Schwab had 85 analyst reports since August 11, 2015 according to SRatingsIntel. Argus Research initiated it with “Buy” rating and $34 target in Wednesday, March 23 report. Keefe Bruyette & Woods maintained it with “Buy” rating and $49.0 target in Tuesday, October 10 report. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Hold” rating given on Monday, July 24 by Nomura. UBS reinitiated it with “Buy” rating and $50 target in Monday, March 13 report. The rating was maintained by Deutsche Bank with “Buy” on Monday, July 18. SunTrust initiated The Charles Schwab Corporation (NYSE:SCHW) on Wednesday, March 23 with “Neutral” rating. Citigroup maintained the shares of SCHW in report on Friday, April 15 with “Neutral” rating. The company was maintained on Wednesday, December 27 by Suntrust Robinson. The stock has “Overweight” rating by Morgan Stanley on Tuesday, July 25. The rating was downgraded by Citigroup to “Hold” on Friday, January 19.

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