Charles Schwab stock is trading -6.91% below its average target price of $70.24 after marking a 11.5% during today's morning session. Analysts are giving the large-cap Capital Markets company an average rating of buy and target prices ranging from $52.0 to $92.0 per share.
Charles Schwab's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.5%. The stock's short ratio is 1.9. The company's insiders own 6.34% 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 87.0%. In conclusion, we believe there is positive market sentiment regarding Charles Schwab.
Institutions Invested in Charles Schwab
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Toronto Dominion Bank | 13% | 225,934,170 | $14,772,706,188 |
| 2023-03-31 | Vanguard Group Inc | 7% | 127,380,372 | $8,328,765,895 |
| 2023-03-31 | Blackrock Inc. | 6% | 105,319,379 | $6,886,307,820 |
| 2023-03-31 | Dodge & Cox Inc | 4% | 78,462,490 | $5,130,270,076 |
| 2023-03-31 | State Street Corporation | 3% | 59,992,649 | $3,922,619,483 |
| 2023-03-31 | Price (T.Rowe) Associates Inc | 2% | 41,880,424 | $2,738,351,612 |
| 2023-03-31 | Wellington Management Group, LLP | 2% | 30,651,179 | $2,004,127,404 |
| 2023-03-31 | JP Morgan Chase & Company | 2% | 29,941,276 | $1,957,710,395 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 27,050,168 | $1,768,675,292 |
| 2023-03-31 | Morgan Stanley | 1% | 22,412,585 | $1,465,446,918 |
