Charles Schwab (SCHW) Holder Ami Asset Management Has Lowered Holding by $1.80 Million as Share Price Declined; United Bank Has Lifted Its Position in United Parcel Service (UPS) by $6.25 Million

April 26, 2018 - By Michael Collier

The Charles Schwab Corporation (NYSE:SCHW) Logo

Ami Asset Management Corp decreased its stake in Charles Schwab Inc (SCHW) by 3.97% based on its latest 2017Q4 regulatory filing with the SEC. Ami Asset Management Corp sold 35,309 shares as the company’s stock declined 1.06% with the market. The hedge fund held 854,646 shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $43.90 million, down from 889,955 at the end of the previous reported quarter. Ami Asset Management Corp who had been investing in Charles Schwab Inc for a number of months, seems to be less bullish one the $74.97B market cap company. The stock increased 1.85% or $1.01 during the last trading session, reaching $55.61. About 4.78 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 30.72% since April 26, 2017 and is uptrending. It has outperformed by 19.17% the S&P500.

United Bank increased its stake in United Parcel Service Inc (UPS) by 156.12% based on its latest 2017Q4 regulatory filing with the SEC. United Bank bought 52,531 shares as the company’s stock declined 13.88% with the market. The institutional investor held 86,179 shares of the transportation company at the end of 2017Q4, valued at $10.27M, up from 33,648 at the end of the previous reported quarter. United Bank who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $97.49 billion market cap company. The stock increased 4.15% or $4.51 during the last trading session, reaching $113.17. About 4.50M shares traded. United Parcel Service, Inc. (NYSE:UPS) has declined 2.49% since April 26, 2017 and is downtrending. It has underperformed by 14.04% the S&P500.

Investors sentiment increased to 1.23 in 2017 Q4. Its up 0.09, from 1.14 in 2017Q3. It increased, as 59 investors sold UPS shares while 372 reduced holdings. 107 funds opened positions while 422 raised stakes. 448.80 million shares or 0.57% less from 451.38 million shares in 2017Q3 were reported. Oppenheimer has invested 0.1% in United Parcel Service, Inc. (NYSE:UPS). Cambridge Investment Research Advsr Inc holds 0.17% in United Parcel Service, Inc. (NYSE:UPS) or 122,127 shares. Gemmer Asset Management Ltd has 383 shares. Cooke And Bieler LP holds 772,844 shares. Mycio Wealth Partners Limited Co has 0.08% invested in United Parcel Service, Inc. (NYSE:UPS). Canada Pension Plan Board holds 94,741 shares or 0.02% of its portfolio. Moreover, State Of Tennessee Treasury Department has 0.26% invested in United Parcel Service, Inc. (NYSE:UPS) for 487,238 shares. Baker Boyer Savings Bank invested in 0.85% or 2,375 shares. The Georgia-based Willis Counsel has invested 1.48% in United Parcel Service, Inc. (NYSE:UPS). Riverhead Capital Llc holds 0.05% or 9,720 shares. Lombard Odier Asset Mgmt (Europe) Ltd reported 7,741 shares. Profund Advsrs Lc holds 23,208 shares. Menta Cap Ltd Llc holds 0.28% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 12,180 shares. Private Wealth Advsrs invested in 0.13% or 2,752 shares. Douglass Winthrop Advsrs Lc invested in 27,295 shares or 0.18% of the stock.

Since February 26, 2018, it had 0 insider buys, and 1 insider sale for $480,600 activity.

Among 24 analysts covering United Parcel Service (NYSE:UPS), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. United Parcel Service had 74 analyst reports since July 29, 2015 according to SRatingsIntel. Robert W. Baird maintained it with “Hold” rating and $118.0 target in Thursday, August 24 report. BMO Capital Markets maintained the shares of UPS in report on Friday, October 27 with “Market Perform” rating. The firm has “Buy” rating given on Friday, August 14 by Zacks. The rating was maintained by Stifel Nicolaus on Wednesday, September 20 with “Hold”. The firm has “Neutral” rating by Citigroup given on Friday, April 29. The rating was maintained by Credit Suisse with “Hold” on Thursday, October 12. The firm has “Buy” rating given on Tuesday, March 6 by Stifel Nicolaus. Macquarie Research maintained it with “Neutral” rating and $107 target in Wednesday, October 28 report. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, January 18. On Friday, February 2 the stock rating was maintained by Morgan Stanley with “Underweight”.

Among 24 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 1 Sell and 8 Hold. Therefore 63% are positive. Charles Schwab had 103 analyst reports since August 11, 2015 according to SRatingsIntel. Citigroup downgraded The Charles Schwab Corporation (NYSE:SCHW) rating on Wednesday, February 7. Citigroup has “Sell” rating and $49.0 target. Jefferies maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Thursday, April 7. Jefferies has “Buy” rating and $33 target. Keefe Bruyette & Woods maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Monday, February 26. Keefe Bruyette & Woods has “Buy” rating and $61.0 target. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Thursday, December 8. SunTrust maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Monday, October 23. SunTrust has “Buy” rating and $49.0 target. The rating was maintained by Compass Point with “Neutral” on Friday, October 16. The rating was downgraded by Instinet to “Neutral” on Monday, July 24. SunTrust maintained the stock with “Buy” rating in Wednesday, February 14 report. The firm has “Buy” rating by Jefferies given on Friday, September 15. The company was maintained on Thursday, October 5 by Jefferies.

Since October 31, 2017, it had 0 buys, and 23 insider sales for $114.66 million activity. 262,000 shares were sold by SCHWAB CHARLES R, worth $14.41M. The insider MARTINETTO JOSEPH R sold $15.38 million. MCLIN STEPHEN T had sold 18,663 shares worth $1.01M. Another trade for 12,040 shares valued at $661,156 was sold by SNEED PAULA A. $290,041 worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Craig Jonathan M. on Monday, March 12. The insider Murtagh Nigel J sold $799,235.

Ami Asset Management Corp, which manages about $1.42 billion and $1.45B US Long portfolio, upped its stake in Petiq by 151,443 shares to 341,445 shares, valued at $7.46 million in 2017Q4, according to the filing.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

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