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Danske Bank A S Raises Stake in The Charles Schwab Corporation $SCHW
Danske Bank A S increased its stake in The Charles Schwab Corporation (NYSE:SCHW) by 11.0% in the fourth quarter, bringing their total holdings to 1,658,451 shares valued at $165,696,000. Other institutional investors also adjusted their positions in the company, with hedge funds and institutional investors collectively owning 84.38% of the stock. Charles Schwab reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.32 per share, while the stock currently holds a “Moderate Buy” consensus rating from analysts with an average target price of $114.00.