Trex Company, Inc. (TREX) Analysts See $0.54 EPS; Second Curve Capital Cut Charles Schwab (SCHW) Position By $5.04 Million

February 14, 2018 - By Nellie Frank

Second Curve Capital Llc decreased Charles Schwab Corp (SCHW) stake by 76.68% reported in 2017Q3 SEC filing. Second Curve Capital Llc sold 117,254 shares as Charles Schwab Corp (SCHW)’s stock declined 7.92%. The Second Curve Capital Llc holds 35,667 shares with $1.56 million value, down from 152,921 last quarter. Charles Schwab Corp now has $68.57B valuation. The stock increased 0.41% or $0.21 during the last trading session, reaching $51.15. About 6.47M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since February 14, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Analysts expect Trex Company, Inc. (NYSE:TREX) to report $0.54 EPS on February, 20.They anticipate $0.11 EPS change or 25.58% from last quarter’s $0.43 EPS. TREX’s profit would be $15.88 million giving it 51.31 P/E if the $0.54 EPS is correct. After having $0.68 EPS previously, Trex Company, Inc.’s analysts see -20.59% EPS growth. The stock increased 0.65% or $0.72 during the last trading session, reaching $110.83. About 110,293 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 51.54% since February 14, 2017 and is uptrending. It has outperformed by 34.84% the S&P500.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.27, from 1.3 in 2017Q2. It is negative, 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. Compton Mngmt Inc Ri reported 6,010 shares. Argentiere Capital Ag reported 0.32% stake. Cookson Peirce And, a Pennsylvania-based fund reported 209,850 shares. Cibc World Markets has 173,596 shares. Ballentine Prtn Ltd Liability Com invested 0.03% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Evergreen Ltd Liability has 0.14% invested in The Charles Schwab Corporation (NYSE:SCHW) for 28,020 shares. State Board Of Administration Of Florida Retirement holds 0.2% or 1.68 million shares. Gulf Retail Bank (Uk) Limited holds 0.22% or 381,562 shares. Pitcairn Co reported 0.09% stake. Fjarde Ap invested in 0.24% or 284,201 shares. The New York-based Beck Mack And Oliver Limited Liability Company has invested 0.01% in The Charles Schwab Corporation (NYSE:SCHW). The Virginia-based Markel has invested 0.92% in The Charles Schwab Corporation (NYSE:SCHW). Lazard Asset Management Limited Liability Company reported 572,475 shares or 0.05% of all its holdings. Counsel reported 12,200 shares. Seatown Pte Ltd holds 0.36% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 114,000 shares.

Among 23 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Charles Schwab had 90 analyst reports since August 11, 2015 according to SRatingsIntel. UBS maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Friday, February 3. UBS has “Buy” rating and $44 target. The firm has “Buy” rating given on Friday, September 15 by Keefe Bruyette & Woods. The rating was upgraded by SunTrust to “Buy” on Tuesday, October 18. UBS maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Friday, October 16. UBS has “Buy” rating and $34 target. Keefe Bruyette & Woods initiated the stock with “Outperform” rating in Thursday, December 8 report. The company was maintained on Thursday, April 14 by JP Morgan. The stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Buy” rating by Suntrust Robinson on Wednesday, December 27. The firm has “Buy” rating by Jefferies given on Monday, August 14. The firm earned “Buy” rating on Monday, December 19 by Suntrust Robinson. The stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Buy” rating by Nomura on Monday, July 11.

Since September 6, 2017, it had 0 insider purchases, and 20 insider sales for $91.13 million activity. $1.01M worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by MCLIN STEPHEN T. 8,000 The Charles Schwab Corporation (NYSE:SCHW) shares with value of $361,194 were sold by Murtagh Nigel J. Chandoha Marie A sold 19,074 shares worth $876,166. SCHWAB CHARLES R also sold $12.97M worth of The Charles Schwab Corporation (NYSE:SCHW) shares. Kallsen Terri R sold $44,357 worth of The Charles Schwab Corporation (NYSE:SCHW) on Wednesday, October 4. Another trade for 75,244 shares valued at $3.31M was made by Clark Bernard J. on Wednesday, September 27.

Since August 15, 2017, it had 0 insider purchases, and 1 insider sale for $123,735 activity. $158,457 worth of Trex Company, Inc. (NYSE:TREX) was sold by MERLOTTI FRANK H JR on Tuesday, August 15. On Tuesday, January 16 GRATZ JAY M sold $123,735 worth of Trex Company, Inc. (NYSE:TREX) or 1,058 shares.

Investors sentiment increased to 1.35 in Q3 2017. Its up 0.11, from 1.24 in 2017Q2. It increased, as 14 investors sold Trex Company, Inc. shares while 63 reduced holdings. 31 funds opened positions while 73 raised stakes. 25.84 million shares or 3.17% less from 26.69 million shares in 2017Q2 were reported. Aperio Gp Ltd reported 0.01% stake. Kentucky-based Renaissance Group Limited Liability Corp has invested 0.02% in Trex Company, Inc. (NYSE:TREX). Alliancebernstein Limited Partnership holds 69,010 shares or 0% of its portfolio. Next Century Growth Invsts Ltd Co holds 0.7% in Trex Company, Inc. (NYSE:TREX) or 64,740 shares. Eagle Asset Management reported 0.49% of its portfolio in Trex Company, Inc. (NYSE:TREX). 22,292 were reported by Manufacturers Life The. Tci Wealth Advisors reported 11 shares or 0% of all its holdings. Bb&T Corp has 0.01% invested in Trex Company, Inc. (NYSE:TREX). Raymond James Fincl has invested 0% in Trex Company, Inc. (NYSE:TREX). Hl Fincl Serv Ltd Liability Co invested 0.08% of its portfolio in Trex Company, Inc. (NYSE:TREX). Wellington Mgmt Grp Inc Limited Liability Partnership invested in 140,567 shares. Price T Rowe Associate Md accumulated 0% or 11,283 shares. Us Bancshares De reported 1,542 shares. Brown Advisory Incorporated invested 0% in Trex Company, Inc. (NYSE:TREX). Assetmark Inc reported 5 shares or 0% of all its holdings.

Among 9 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Trex Co had 22 analyst reports since September 24, 2015 according to SRatingsIntel. The firm has “Outperform” rating by FBR Capital given on Friday, February 26. As per Thursday, October 1, the company rating was upgraded by CLSA. As per Tuesday, November 22, the company rating was initiated by Seaport Global Securities. The firm has “Hold” rating given on Tuesday, October 31 by Stifel Nicolaus. The stock has “Outperform” rating by Wedbush on Thursday, September 24. The firm has “Mkt Perform” rating given on Tuesday, February 28 by FBR Capital. The stock of Trex Company, Inc. (NYSE:TREX) has “Neutral” rating given on Tuesday, January 17 by Wedbush. The firm has “Strong Buy” rating given on Thursday, October 1 by CL King. As per Wednesday, January 3, the company rating was upgraded by B. Riley & Co. The rating was maintained by Stifel Nicolaus on Tuesday, August 1 with “Hold”.

Trex Company, Inc. manufactures and distributes wood/plastic composite products, and related accessories primarily for the residential and commercial decking, and railing applications in the United States. The company has market cap of $3.26 billion. It offers Trex Transcend, Trex Enhance, and Trex Select protective shells for protection against fading, staining, mold, and scratching; and Trex Hideaway, a hidden fastening system for grooved boards. It has a 36.58 P/E ratio. The firm also provides railing products, such as Trex Transcend Railing for use with Trex decking products and other decking materials; Trex Select Railing for consumers, who desire a simple clean finished look for their decks; and Trex Signature aluminum railing for contemporary look.

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