Blueprint Investment Partners LLC Buys Shares of 6,258 The Charles Schwab Co. (NYSE:SCHW)

Blueprint Investment Partners LLC acquired a new position in The Charles Schwab Co. (NYSE:SCHW - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,258 shares of the financial services provider's stock, valued at approximately $463,000.

Several other large investors have also recently modified their holdings of the company. Gladstone Institutional Advisory LLC boosted its holdings in Charles Schwab by 2.0% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 6,247 shares of the financial services provider's stock worth $462,000 after acquiring an additional 124 shares in the last quarter. N.E.W. Advisory Services LLC boosted its stake in Charles Schwab by 1.7% in the 4th quarter. N.E.W. Advisory Services LLC now owns 7,522 shares of the financial services provider's stock worth $557,000 after purchasing an additional 125 shares in the last quarter. Klingman & Associates LLC grew its position in Charles Schwab by 3.2% during the 4th quarter. Klingman & Associates LLC now owns 4,083 shares of the financial services provider's stock worth $302,000 after purchasing an additional 125 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its stake in Charles Schwab by 2.7% during the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 4,763 shares of the financial services provider's stock valued at $353,000 after purchasing an additional 127 shares in the last quarter. Finally, Personal CFO Solutions LLC raised its holdings in shares of Charles Schwab by 1.2% in the fourth quarter. Personal CFO Solutions LLC now owns 11,236 shares of the financial services provider's stock worth $832,000 after buying an additional 130 shares during the last quarter. Institutional investors own 84.38% of the company's stock.

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Charles Schwab Price Performance

NYSE:SCHW traded up $0.85 during trading hours on Tuesday, hitting $80.81. 7,661,020 shares of the stock were exchanged, compared to its average volume of 8,449,622. The company has a market cap of $146.55 billion, a P/E ratio of 27.03, a P/E/G ratio of 0.99 and a beta of 0.98. The firm's fifty day moving average price is $79.14 and its 200 day moving average price is $74.98. The Charles Schwab Co. has a 52-week low of $61.01 and a 52-week high of $84.50. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.59.

Charles Schwab (NYSE:SCHW - Get Free Report) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $1.01 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.11. The company had revenue of $5.33 billion for the quarter, compared to analyst estimates of $5.19 billion. Charles Schwab had a return on equity of 18.20% and a net margin of 30.31%. The firm's revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. As a group, equities research analysts anticipate that The Charles Schwab Co. will post 4.22 EPS for the current fiscal year.

Charles Schwab Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.34%. This is a positive change from Charles Schwab's previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, February 14th. Charles Schwab's dividend payout ratio (DPR) is 36.12%.

Analyst Ratings Changes

SCHW has been the topic of several research reports. Wells Fargo & Company raised Charles Schwab from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $89.00 to $93.00 in a research report on Wednesday, January 22nd. TD Cowen raised shares of Charles Schwab from a "hold" rating to a "buy" rating and raised their target price for the stock from $88.00 to $103.00 in a report on Tuesday, February 18th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Charles Schwab from $98.00 to $105.00 and gave the company a "buy" rating in a report on Wednesday, January 22nd. Redburn Partners decreased their price objective on Charles Schwab from $70.00 to $68.00 and set a "sell" rating for the company in a report on Friday, January 17th. Finally, UBS Group raised their target price on Charles Schwab from $90.00 to $95.00 and gave the stock a "buy" rating in a report on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $86.33.

Insider Transactions at Charles Schwab

In other news, Director Arun Sarin sold 8,548 shares of the stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $81.82, for a total value of $699,397.36. Following the completion of the sale, the director now owns 18,617 shares of the company's stock, valued at $1,523,242.94. This represents a 31.47 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Paul V. Woolway sold 9,887 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $75.38, for a total transaction of $745,282.06. Following the sale, the insider now owns 47,931 shares of the company's stock, valued at $3,613,038.78. This represents a 17.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 501,087 shares of company stock worth $40,952,233 in the last ninety days. Insiders own 6.60% of the company's stock.

About Charles Schwab

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.