Charles Schwab Co. (SCHW) Shares Bought by Gyroscope Capital Management Group LLC – Finance Daily
Gyroscope Capital Management Group LLC increased its stake in shares of Charles Schwab Co. (NYSE:SCHW) by 11.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Mercer Global Advisors Inc. ADV acquired a new position in Charles Schwab in the first quarter valued at $375,000. UBS Group lowered shares of Charles Schwab from a “neutral” rating to a “sell” rating and dropped their price target for the stock from $48.00 to $42.00 in a research note on Wednesday, February 20th. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor, retirement plan, and mutual fund clearing services.