Pettee Investors Position In Schwab Charles (SCHW) Was Has Raised; Wealthtrust Axiom Boosted Team (TISI) Holding by $555,217; Stock Value Declined

January 16, 2018 - By Adrian Mccoy

Pettee Investors Inc increased its stake in Schwab Charles (SCHW) by 124.47% based on its latest 2017Q3 regulatory filing with the SEC. Pettee Investors Inc bought 20,080 shares as the company’s stock declined 7.92% while stock markets rallied. The institutional investor held 36,213 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $1.58M, up from 16,133 at the end of the previous reported quarter. Pettee Investors Inc who had been investing in Schwab Charles for a number of months, seems to be bullish on the $74.42B market cap company. The stock increased 0.22% or $0.12 during the last trading session, reaching $55.51. About 4.16M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since January 16, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Wealthtrust Axiom Llc increased its stake in Team Inc (TISI) by 29.76% based on its latest 2017Q3 regulatory filing with the SEC. Wealthtrust Axiom Llc bought 42,709 shares as the company’s stock declined 29.35% while stock markets rallied. The institutional investor held 186,218 shares of the consumer services company at the end of 2017Q3, valued at $2.49M, up from 143,509 at the end of the previous reported quarter. Wealthtrust Axiom Llc who had been investing in Team Inc for a number of months, seems to be bullish on the $481.47 million market cap company. The stock decreased 0.65% or $0.11 during the last trading session, reaching $16.09. About 224,203 shares traded. Team, Inc. (NYSE:TISI) has declined 2.73% since January 16, 2017 and is downtrending. It has underperformed by 19.43% the S&P500.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.27, from 1.3 in 2017Q2. It dropped, 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. Busey Trust reported 136,530 shares. Sigma Invest Counselors holds 4,674 shares. State Of Alaska Department Of Revenue holds 0.08% in The Charles Schwab Corporation (NYSE:SCHW) or 34,394 shares. Capital Investment Counsel reported 12,200 shares. Regent Investment Ltd Com has invested 0.66% in The Charles Schwab Corporation (NYSE:SCHW). Torray Llc reported 539,218 shares. 761,400 were reported by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management. Capital Intll invested 0.08% in The Charles Schwab Corporation (NYSE:SCHW). Gateway Advisers Lc owns 950,414 shares. 93,024 are owned by Bingham Osborn & Scarborough Ltd Liability Co. Lvw Ltd Llc accumulated 0.1% or 5,532 shares. Alliancebernstein Ltd Partnership has 0.36% invested in The Charles Schwab Corporation (NYSE:SCHW). M&R Capital Mgmt Inc reported 1,462 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 266,614 shares. Tcw Grp Inc stated it has 0.94% in The Charles Schwab Corporation (NYSE:SCHW).

Pettee Investors Inc, which manages about $116.14M and $154.79M US Long portfolio, decreased its stake in Equifax (NYSE:EFX) by 5,130 shares to 2,368 shares, valued at $251,000 in 2017Q3, according to the filing.

Among 22 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Charles Schwab had 81 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, June 16 by Deutsche Bank. Jefferies maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Monday, July 10. Jefferies has “Buy” rating and $4900 target. The rating was downgraded by JMP Securities to “Market Perform” on Wednesday, January 3. The company was upgraded on Monday, December 19 by Suntrust Robinson. The rating was maintained by Nomura on Wednesday, April 12 with “Buy”. Nomura maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Monday, July 11. Nomura has “Buy” rating and $31 target. Deutsche Bank maintained the stock with “Buy” rating in Thursday, March 17 report. Instinet downgraded the stock to “Neutral” rating in Monday, July 24 report. Argus Research initiated the stock with “Buy” rating in Wednesday, March 23 report. On Friday, October 16 the stock rating was maintained by Deutsche Bank with “Buy”.

Since August 2, 2017, it had 0 insider buys, and 18 sales for $48.08 million activity. Shares for $998,528 were sold by BECHTLE NANCY H on Monday, August 7. On Friday, August 4 SCHWAB CHARLES R sold $12.55 million worth of The Charles Schwab Corporation (NYSE:SCHW) or 290,000 shares. Kallsen Terri R also sold $44,357 worth of The Charles Schwab Corporation (NYSE:SCHW) on Wednesday, October 4. Murtagh Nigel J also sold $361,194 worth of The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, October 31. Clark Bernard J. sold $3.31 million worth of stock.

Investors sentiment increased to 2.07 in Q3 2017. Its up 0.75, from 1.32 in 2017Q2. It increased, as 19 investors sold TISI shares while 23 reduced holdings. 32 funds opened positions while 55 raised stakes. 32.72 million shares or 15.47% more from 28.33 million shares in 2017Q2 were reported. Boston Prns, Massachusetts-based fund reported 988,592 shares. State Board Of Administration Of Florida Retirement holds 23,034 shares. American Rech Mgmt holds 0% of its portfolio in Team, Inc. (NYSE:TISI) for 430 shares. Texas Permanent School Fund owns 21,784 shares. Rutabaga Capital Limited Ma stated it has 0.67% of its portfolio in Team, Inc. (NYSE:TISI). Benjamin F Edwards And holds 0% or 50 shares in its portfolio. Tocqueville Asset LP accumulated 668,918 shares. Massachusetts-based Massachusetts Finance Com Ma has invested 0% in Team, Inc. (NYSE:TISI). Gsa Cap Ltd Liability Partnership has 41,100 shares. Lpl Financial Limited Liability Com stated it has 0% in Team, Inc. (NYSE:TISI). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. Scotia Cap owns 53,061 shares. Comerica National Bank & Trust has 31,387 shares for 0% of their portfolio. Pinebridge Lp accumulated 39,054 shares or 0.01% of the stock. Invesco Ltd owns 1.61 million shares for 0.01% of their portfolio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts