SCHW Is Down - How Does the Market See the Stock?

This morning we watched Charles Schwab drop -1.4% to a price of $84.44 per share. The large-cap Capital Markets company is now trading -12.34% below its average target price of $96.33. Analysts have set target prices ranging from $83 to $122 per share for Charles Schwab, and have given the stock an average rating of buy.

Charles Schwab's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.0%. The stock's short ratio is 2.76. The company's insiders own 6.73% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 88.3%. In conclusion, we believe there is positive market sentiment regarding Charles Schwab.

Institutions Invested in Charles Schwab

Holder Shares Date Reported Percentage Value
Vanguard Group, Inc. (The) 124,437,061 2022-09-29 7% $10,507,465,734
Blackrock Inc. 102,936,741 2022-09-29 6% $8,691,978,661
Dodge & Cox Inc 80,511,141 2022-09-29 4% $6,798,360,942
Wellington Management Group, LLP 75,415,805 2022-09-29 4% $6,368,110,758
State Street Corporation 65,566,364 2022-09-29 4% $5,536,423,936
Price (T.Rowe) Associates Inc 50,820,314 2022-09-29 3% $4,291,267,438
Massachusetts Financial Services Co. 31,895,350 2022-09-29 2% $2,693,243,431
JP Morgan Chase & Company 31,485,042 2022-09-29 2% $2,658,597,023
Geode Capital Management, LLC 26,052,507 2022-09-29 1% $2,199,873,754
AllianceBernstein, L.P. 20,767,564 2022-09-29 1% $1,753,613,154
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.