Greenwich Wealth Management Has Raised Schwab Charles New (SCHW) Stake by $21.86 Million; Goodyear Tire & Rubr Co (GT) Stake Upped by Quantum Capital Management

January 2, 2018 - By Winifred Garcia

Quantum Capital Management increased its stake in Goodyear Tire & Rubr Co (GT) by 6.38% based on its latest 2017Q3 regulatory filing with the SEC. Quantum Capital Management bought 12,688 shares as the company’s stock declined 12.03% while stock markets rallied. The institutional investor held 211,678 shares of the automotive aftermarket company at the end of 2017Q3, valued at $7.04M, up from 198,990 at the end of the previous reported quarter. Quantum Capital Management who had been investing in Goodyear Tire & Rubr Co for a number of months, seems to be bullish on the $7.90B market cap company. The stock decreased 0.80% or $0.26 during the last trading session, reaching $32.05. About 786,800 shares traded. The Goodyear Tire & Rubber Company (NASDAQ:GT) has risen 17.26% since January 2, 2017 and is uptrending. It has outperformed by 0.56% the S&P500.

Greenwich Wealth Management Llc increased its stake in Schwab Charles Corp New (SCHW) by 307.34% based on its latest 2017Q3 regulatory filing with the SEC. Greenwich Wealth Management Llc bought 508,359 shares as the company’s stock declined 7.92% while stock markets rallied. The institutional investor held 673,767 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $29.47M, up from 165,408 at the end of the previous reported quarter. Greenwich Wealth Management Llc who had been investing in Schwab Charles Corp New for a number of months, seems to be bullish on the $68.71B market cap company. The stock decreased 0.23% or $0.12 during the last trading session, reaching $51.25. About 1.81 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since January 2, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Greenwich Wealth Management Llc, which manages about $1.66 billion and $581.31 million US Long portfolio, decreased its stake in Weyerhaeuser Co (NYSE:WY) by 66,226 shares to 567,530 shares, valued at $19.31 million in 2017Q3, according to the filing. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 13,929 shares in the quarter, leaving it with 101,908 shares, and cut its stake in Skyworks Solutions Inc (NASDAQ:SWKS).

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.27, from 1.3 in 2017Q2. It worsened, 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. Loeb Ptnrs invested in 0.13% or 10,000 shares. Citizens Northern Corp invested in 1.41% or 42,223 shares. Sumitomo Mitsui Asset Ltd holds 0.16% or 237,801 shares in its portfolio. Parkside Fincl Comml Bank reported 0.01% stake. Leavell Investment has invested 0.03% in The Charles Schwab Corporation (NYSE:SCHW). Stanley Capital Management Ltd Llc holds 126,877 shares or 3.1% of its portfolio. Neumann Capital Mngmt Ltd Liability Corp owns 18,775 shares or 0.51% of their US portfolio. East Coast Asset Lc stated it has 4.94% in The Charles Schwab Corporation (NYSE:SCHW). Sumitomo Mitsui Tru Holdings holds 3.81M shares. Sva Plumb Wealth Mngmt Limited Liability reported 0.56% stake. Hbk Invs Limited Partnership reported 18,640 shares. Winfield Assoc invested in 662 shares or 0.01% of the stock. Howe & Rusling Inc invested in 1.12% or 138,600 shares. The Texas-based King Luther Management has invested 0% in The Charles Schwab Corporation (NYSE:SCHW). Moreover, New Mexico Educational Retirement Board has 0.23% invested in The Charles Schwab Corporation (NYSE:SCHW) for 110,137 shares.

Since August 2, 2017, it had 0 insider buys, and 18 sales for $48.08 million activity. SCHWAB CHARLES R had sold 5,065 shares worth $226,805. BECHTLE NANCY H sold $998,528 worth of The Charles Schwab Corporation (NYSE:SCHW) on Monday, August 7. The insider Chandoha Marie A sold 4,500 shares worth $200,255. Murtagh Nigel J sold $361,194 worth of stock. Shares for $3.31M were sold by Clark Bernard J..

Among 21 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 71% are positive. Charles Schwab had 78 analyst reports since August 11, 2015 according to SRatingsIntel. Morgan Stanley initiated The Charles Schwab Corporation (NYSE:SCHW) on Monday, September 26 with “Overweight” rating. The rating was maintained by SunTrust with “Buy” on Monday, October 23. Piper Jaffray downgraded the stock to “Neutral” rating in Friday, December 18 report. The company was upgraded on Tuesday, October 18 by SunTrust. The rating was maintained by Deutsche Bank on Friday, May 27 with “Buy”. The stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Buy” rating by Keefe Bruyette & Woods on Monday, August 14. The rating was maintained by Nomura with “Buy” on Monday, July 11. The firm has “Neutral” rating by Bank of America given on Wednesday, January 13. The firm earned “Buy” rating on Tuesday, October 10 by Keefe Bruyette & Woods. As per Friday, June 16, the company rating was maintained by William Blair.

Since August 15, 2017, it had 0 insider buys, and 4 sales for $507,858 activity. McClellan Stephen R sold $6,355 worth of stock or 212 shares.

Among 12 analysts covering Goodyear Tire (NASDAQ:GT), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. Goodyear Tire had 28 analyst reports since October 28, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Thursday, April 7 by KeyBanc Capital Markets. The rating was downgraded by Guggenheim to “Neutral” on Wednesday, November 1. On Thursday, October 12 the stock rating was maintained by Jefferies with “Buy”. On Tuesday, November 10 the stock rating was maintained by Argus Research with “Buy”. As per Monday, August 7, the company rating was maintained by Jefferies. As per Friday, July 28, the company rating was downgraded by Deutsche Bank. Jefferies initiated The Goodyear Tire & Rubber Company (NASDAQ:GT) rating on Tuesday, November 29. Jefferies has “Buy” rating and $36.50 target. The firm earned “Hold” rating on Friday, February 24 by Jefferies. The rating was maintained by Jefferies on Tuesday, December 19 with “Buy”. The stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) earned “Buy” rating by Standpoint Research on Thursday, January 14.

Quantum Capital Management, which manages about $700.30 million and $423.16M US Long portfolio, decreased its stake in Micron Technology Inc (NASDAQ:MU) by 30,382 shares to 271,746 shares, valued at $10.69 million in 2017Q3, according to the filing. It also reduced its holding in Air Lease Corp (NYSE:AL) by 19,206 shares in the quarter, leaving it with 265,516 shares, and cut its stake in Olin Corp (NYSE:OLN).

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.10, from 1.14 in 2017Q2. It fall, as 43 investors sold GT shares while 145 reduced holdings. 47 funds opened positions while 148 raised stakes. 226.27 million shares or 0.48% more from 225.19 million shares in 2017Q2 were reported. Investment Centers Of America has 7,190 shares for 0.02% of their portfolio. 36,158 are held by Stifel Financial. Leuthold Group Limited Liability holds 24,331 shares or 0.08% of its portfolio. Ionic Mgmt Ltd Limited Liability Company has 30,000 shares. State Of New Jersey Common Pension Fund D owns 250,000 shares. Lsv Asset invested 0.58% in The Goodyear Tire & Rubber Company (NASDAQ:GT). James Inv Rech Incorporated invested in 0.41% or 363,763 shares. Kames Public Limited Com holds 0.04% or 45,889 shares. Ing Groep Nv holds 0.01% or 14,812 shares in its portfolio. 201,849 are held by Afam. Sound Shore Mgmt Ct, Connecticut-based fund reported 4.02M shares. Savant Capital Ltd Llc invested in 8,885 shares. Gulf Int Bank & Trust (Uk) holds 0.04% or 78,210 shares. Wellington Mngmt Gru Ltd Liability Partnership has 0.07% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT). Cornerstone Cap Mngmt Holdg Ltd reported 0.01% stake.

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