Axa S.A., Brevan Howard Capital Management LP, Jim Cramer among many other institutional investors and individual financial advisors have increased their stock positions in The Charles Schwab Co. (NYSE:SCHW). There is positive outlook on SCHW finances as it jumps 3.5% this week, even though its earnings growth is still tracking behind five-year shareholder returns, but much better than expected earnings have also been reported. Bullish sentiment is also echoed by analysts with it being touted as a great momentum and growth stock for long-term investment, and an undervalued wide moat stock to buy. Schwab's Q4 result beat estimates with strong quarterly earnings that rewarded institutional investors. Facilitated by robust new assets and trading volumes, Schwab's preferred and common stock dividends have seen an 8% increase. The company shelled out a hefty $13.1 billion in a recent secondary offering of common stock held by an affiliate of the Toronto-Dominion Bank. Schwab is also expanding its trading education series in five major cities and enhancing its 401(k) offerings with student loan and college planning resources.
The Charles Schwab Corporation SCHW News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Sat, 10 May 2025 21:47:59 GMT -
