Triple Frond Partners Continues to Hold Stake in Schwab Charles New (SCHW); As Genworth Finl (GNW) Stock Price Declined, Shareholder Alpine Partners Vi Has Trimmed by $608,700 Its Position

February 20, 2018 - By Louis Casey

Alpine Partners Vi Llc decreased its stake in Genworth Finl Inc (GNW) by 80.03% based on its latest 2017Q3 regulatory filing with the SEC. Alpine Partners Vi Llc sold 202,900 shares as the company’s stock declined 8.54% while stock markets rallied. The institutional investor held 50,626 shares of the life insurance company at the end of 2017Q3, valued at $195,000, down from 253,526 at the end of the previous reported quarter. Alpine Partners Vi Llc who had been investing in Genworth Finl Inc for a number of months, seems to be less bullish one the $1.49 billion market cap company. The stock increased 0.17% or $0.005 during the last trading session, reaching $2.975. About 2.06 million shares traded. Genworth Financial, Inc. (NYSE:GNW) has risen 3.41% since February 20, 2017 and is uptrending. It has underperformed by 13.29% the S&P500.

Triple Frond Partners Llc increased its stake in Schwab Charles Corp New (SCHW) by 25% based on its latest 2017Q3 regulatory filing with the SEC. Triple Frond Partners Llc bought 500,000 shares as the company’s stock declined 7.92% while stock markets rallied. The institutional investor held 2.50M shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $109.35 million, up from 2.00M at the end of the previous reported quarter. Triple Frond Partners Llc who had been investing in Schwab Charles Corp New for a number of months, seems to be bullish on the $70.23B market cap company. The stock increased 0.42% or $0.22 during the last trading session, reaching $52.39. About 2.29M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since February 20, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Since September 6, 2017, it had 0 insider buys, and 21 selling transactions for $95.01 million activity. On Wednesday, September 27 the insider Chandoha Marie A sold $265,179. Kallsen Terri R had sold 4,267 shares worth $196,357 on Friday, October 6. 75,244 shares were sold by Clark Bernard J., worth $3.31M on Wednesday, September 27. MCLIN STEPHEN T sold $1.01M worth of The Charles Schwab Corporation (NYSE:SCHW) on Friday, January 26. Murtagh Nigel J sold 8,000 shares worth $361,194.

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 it with “Overweight” rating and $38 target in Tuesday, December 8 report. The firm has “Hold” rating by Nomura given on Monday, July 24. The firm has “Hold” rating given on Thursday, January 18 by Nomura. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Buy” rating given on Monday, March 13 by UBS. The stock has “Buy” rating by Jefferies on Monday, August 14. The firm has “Overweight” rating given on Tuesday, September 8 by JP Morgan. Jefferies maintained it with “Buy” rating and $49.0 target in Friday, September 15 report. Deutsche Bank maintained The Charles Schwab Corporation (NYSE:SCHW) on Friday, October 16 with “Buy” rating. Keefe Bruyette & Woods maintained The Charles Schwab Corporation (NYSE:SCHW) on Friday, September 15 with “Buy” rating. As per Wednesday, March 23, the company rating was initiated by SunTrust.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.27, from 1.3 in 2017Q2. It fall, 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. Northern invested 0.19% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Montag Caldwell Ltd Com reported 2.26M shares stake. Lombard Odier Asset Mgmt (Europe) Limited holds 14,072 shares or 0.04% of its portfolio. Tnb Financial invested in 184,516 shares. Proshare Advsr Llc owns 285,502 shares or 0.11% of their US portfolio. Clean Yield stated it has 24,450 shares or 0.44% of all its holdings. Ubs Oconnor Llc owns 519,981 shares. Montecito Bancorporation & Tru stated it has 6,218 shares. Guggenheim Ltd Company has 0.17% invested in The Charles Schwab Corporation (NYSE:SCHW). Amalgamated Bancorporation invested in 0.19% or 141,599 shares. Princeton Strategies Grp Inc Ltd Liability Corp reported 0.67% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Daiwa Gru Inc has invested 0.01% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Profund Advsr Ltd Liability Corporation holds 0.06% or 30,234 shares in its portfolio. Barclays Pcl holds 1.40 million shares or 0.06% of its portfolio. California State Teachers Retirement Systems owns 0.19% invested in The Charles Schwab Corporation (NYSE:SCHW) for 2.01M shares.

Alpine Partners Vi Llc, which manages about $345.78M US Long portfolio, upped its stake in Time Warner Inc (NYSE:TWX) by 23,406 shares to 213,406 shares, valued at $21.86 million in 2017Q3, according to the filing. It also increased its holding in Twenty First Centy Fox Inc (NASDAQ:FOX) by 35,275 shares in the quarter, for a total of 43,275 shares, and has risen its stake in Fortress Investment Group Ll (NYSE:FIG).

Among 8 analysts covering Genworth Financial (NYSE:GNW), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Genworth Financial had 22 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was initiated by Wells Fargo with “Market Perform” on Friday, September 23. The stock has “Hold” rating by Wells Fargo on Tuesday, August 1. The rating was initiated by Goldman Sachs on Tuesday, November 17 with “Neutral”. The rating was downgraded by BTIG Research to “Neutral” on Wednesday, October 5. As per Friday, November 3, the company rating was maintained by Keefe Bruyette & Woods. UBS maintained it with “Neutral” rating and $5.25 target in Tuesday, September 8 report. The stock has “Buy” rating by Compass Point on Monday, February 8. Macquarie Research maintained the shares of GNW in report on Thursday, September 17 with “Neutral” rating. The firm has “Sell” rating by UBS given on Wednesday, November 4. Compass Point downgraded Genworth Financial, Inc. (NYSE:GNW) on Monday, September 19 to “Neutral” rating.

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.13, from 1.15 in 2017Q2. It increased, as 17 investors sold GNW shares while 77 reduced holdings. 44 funds opened positions while 76 raised stakes. 315.12 million shares or 4.07% less from 328.49 million shares in 2017Q2 were reported. Cna holds 62,650 shares. Liberty Mutual Gp Asset Management has 130,510 shares for 0.03% of their portfolio. Systematic Fincl Mgmt Limited Partnership reported 433,195 shares or 0.03% of all its holdings. Fuller & Thaler Asset Mngmt Inc owns 150 shares. Ontario Teachers Pension Plan Board invested in 28,868 shares. 1.80 million are held by Barclays Public Ltd Co. Hirtle Callaghan And Llc has invested 0% of its portfolio in Genworth Financial, Inc. (NYSE:GNW). Mason Street Advisors Limited Liability reported 247,743 shares stake. Meeder Asset Mngmt stated it has 0% of its portfolio in Genworth Financial, Inc. (NYSE:GNW). 68,363 are owned by Profund Lc. 400,091 are held by Comerica Bancorp. National Bank Of America De accumulated 718,254 shares or 0% of the stock. Menta Cap Limited Liability holds 0.08% or 138,231 shares. Moreover, Mariner Wealth Advsr Ltd Liability has 0.01% invested in Genworth Financial, Inc. (NYSE:GNW). Oakbrook Investments stated it has 0% of its portfolio in Genworth Financial, Inc. (NYSE:GNW).

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