Regent Investment Management Lowered Its Position in The Charles Schwab (SCHW) by $947,849; American Intl Group (Put) (AIG) Shareholder Wells Fargo & Company Cut Holding by $1.44 Million as Share Value Declined

February 15, 2018 - By Winifred Garcia

Wells Fargo & Company decreased its stake in American Intl Group Inc (Put) (AIG) by 99.74% based on its latest 2017Q3 regulatory filing with the SEC. Wells Fargo & Company sold 1.44M shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 3,800 shares of the finance company at the end of 2017Q3, valued at $4,000, down from 1.45 million at the end of the previous reported quarter. Wells Fargo & Company who had been investing in American Intl Group Inc (Put) for a number of months, seems to be less bullish one the $53.13 billion market cap company. The stock decreased 0.52% or $0.31 during the last trading session, reaching $59.1. About 3.33M shares traded. American International Group, Inc. (NYSE:AIG) has risen 8.59% since February 15, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Regent Investment Management Llc decreased its stake in The Charles Schwab Corp (SCHW) by 33.06% based on its latest 2017Q3 regulatory filing with the SEC. Regent Investment Management Llc sold 22,043 shares as the company’s stock declined 7.92% while stock markets rallied. The hedge fund held 44,633 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $1.95 million, down from 66,676 at the end of the previous reported quarter. Regent Investment Management Llc who had been investing in The Charles Schwab Corp for a number of months, seems to be less bullish one the $69.99B market cap company. The stock decreased 0.37% or $0.19 during the last trading session, reaching $52.21. About 2.51 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since February 15, 2017 and is uptrending. It has outperformed by 15.41% 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. Pettee Invsts holds 36,213 shares or 1.02% of its portfolio. Teacher Retirement Of Texas invested in 487,121 shares or 0.13% of the stock. 9,423 were accumulated by Investment Advsrs Lc. Asset invested 1.34% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Premier Asset Mngmt Limited Liability Company stated it has 3.2% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Davidson Investment Advsrs holds 0.06% or 13,225 shares. Cibc World reported 0.07% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Virtus Advisers holds 68,708 shares. Savings Bank Of Nova Scotia holds 207,591 shares. 3,000 are held by Sanctuary Wealth Advsrs Lc. Mitsubishi Ufj Securities Limited invested in 530 shares. Piedmont Invest Advisors Ltd Llc has 0.24% invested in The Charles Schwab Corporation (NYSE:SCHW) for 255,641 shares. Country Club Na owns 11,854 shares for 0.07% of their portfolio. Sheets Smith Wealth holds 0.31% or 28,216 shares in its portfolio. Waddell And Reed Fincl Inc owns 6.55M shares or 0.64% of their US portfolio.

Regent Investment Management Llc, which manages about $294.77M and $297.00M US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 8,171 shares to 105,462 shares, valued at $10.07 million in 2017Q3, according to the filing. It also increased its holding in D X C Technology Com by 5,372 shares in the quarter, for a total of 77,965 shares, and has risen its stake in Visa Inc Class A (NYSE:V).

Since September 6, 2017, it had 0 insider purchases, and 20 selling transactions for $91.13 million activity. Clark Bernard J. also sold $3.31 million worth of The Charles Schwab Corporation (NYSE:SCHW) on Wednesday, September 27. SCHWAB CHARLES R also sold $226,805 worth of The Charles Schwab Corporation (NYSE:SCHW) shares. Murtagh Nigel J also sold $361,194 worth of The Charles Schwab Corporation (NYSE:SCHW) shares. $1.01 million worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by MCLIN STEPHEN T. $105,236 worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Kallsen Terri R.

Among 23 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Charles Schwab had 91 analyst reports since August 11, 2015 according to SRatingsIntel. Barclays Capital maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Wednesday, August 26. Barclays Capital has “Overweight” rating and $35 target. CLSA maintained The Charles Schwab Corporation (NYSE:SCHW) on Thursday, September 22 with “Outperform” rating. The company was upgraded on Monday, December 19 by Suntrust Robinson. The firm earned “Buy” rating on Thursday, October 5 by Jefferies. Sandler O’Neill maintained the stock with “Buy” rating in Wednesday, January 17 report. The rating was maintained by Jefferies with “Buy” on Tuesday, May 30. The firm has “Sell” rating by Citigroup given on Wednesday, February 7. The firm earned “Buy” rating on Monday, December 19 by SunTrust. The rating was maintained by SunTrust on Monday, October 16 with “Buy”. UBS maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Friday, February 3. UBS has “Buy” rating and $44 target.

Investors sentiment increased to 0.79 in Q3 2017. Its up 0.15, from 0.64 in 2017Q2. It increased, as 72 investors sold AIG shares while 293 reduced holdings. 78 funds opened positions while 211 raised stakes. 748.00 million shares or 0.80% more from 742.03 million shares in 2017Q2 were reported. Utd Cap Fincl Advisers Limited Liability reported 0.13% stake. Lpl Fincl Lc stated it has 0.01% in American International Group, Inc. (NYSE:AIG). Daiwa Sb reported 670 shares. Ibm Retirement Fund reported 22,946 shares or 0.28% of all its holdings. Cs Mckee Limited Partnership holds 1.88% of its portfolio in American International Group, Inc. (NYSE:AIG) for 396,192 shares. Schaller Invest Grp Inc holds 0.16% or 5,000 shares in its portfolio. Covington Cap Management reported 0.01% stake. Taurus Asset Management Ltd Liability Co holds 0.05% of its portfolio in American International Group, Inc. (NYSE:AIG) for 5,043 shares. South State reported 31,475 shares. State Street holds 0.21% or 40.12 million shares. Ifc Hldgs Inc Fl reported 5,569 shares. 10,840 were accumulated by Manning And Napier Advisors Ltd. Stratos Wealth Ptnrs has 8,357 shares. Deutsche Natl Bank Ag has 0.08% invested in American International Group, Inc. (NYSE:AIG). Pictet & Cie (Europe) Sa holds 10,825 shares or 0.1% of its portfolio.

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