Conestoga Capital Advisors Has Raised Trex Co (TREX) Position By $8.45 Million; 15 Analysts Covering The Charles Schwab (SCHW)

May 26, 2018 - By Darrin Black

The Charles Schwab Corporation (NYSE:SCHW) Logo

Conestoga Capital Advisors Llc increased Trex Co Inc (TREX) stake by 13.2% reported in 2017Q4 SEC filing. Conestoga Capital Advisors Llc acquired 78,200 shares as Trex Co Inc (TREX)’s stock rose 0.13%. The Conestoga Capital Advisors Llc holds 670,834 shares with $72.71 million value, up from 592,634 last quarter. Trex Co Inc now has $3.46B valuation. The stock increased 1.44% or $1.67 during the last trading session, reaching $117.41. About 119,027 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 53.31% since May 26, 2017 and is uptrending. It has outperformed by 41.76% the S&P500.

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. The firm has “Buy” rating given on Tuesday, May 30 by Jefferies. As per Wednesday, January 3, the company rating was downgraded by JMP Securities. Citigroup maintained the stock with “Neutral” rating in Friday, April 15 report. The company was maintained on Friday, February 3 by UBS. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Buy” rating given on Thursday, April 7 by Jefferies. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, June 14 report. The firm has “Hold” rating by Deutsche Bank given on Tuesday, July 11. The firm earned “Buy” rating on Wednesday, February 14 by SunTrust. The firm earned “Hold” rating on Monday, July 24 by Nomura. UBS reinitiated it with “Buy” rating and $50 target in Monday, March 13 report. See The Charles Schwab Corporation (NYSE:SCHW) latest ratings:

25/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $65 New Target: $63 Maintain
23/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $62 New Target: $61 Maintain
20/04/2018 Broker: Jefferies Rating: Buy New Target: $65.0000 Maintain
17/04/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $60 New Target: $62 Maintain
17/04/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $54 New Target: $55 Maintain
16/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $61.5000 Maintain
11/04/2018 Broker: Credit Suisse Rating: Buy New Target: $60.0000 Maintain
10/04/2018 Broker: Jefferies Rating: Buy New Target: $64.0000 Maintain
10/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $63 New Target: $65 Maintain
10/04/2018 Broker: Bernstein Rating: Market Perform New Target: $52 Initiates Coverage On

Since January 18, 2018, it had 0 buys, and 35 sales for $222.38 million activity. 11,238 shares were sold by Clark Bernard J., worth $607,693. The insider SCHWAB CHARLES R sold $13.23 million. SNEED PAULA A sold $661,156 worth of stock. Craig Jonathan M. sold $136,984 worth of stock. $2.13M worth of stock was sold by Garfield David R on Monday, May 7. $799,235 worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Murtagh Nigel J. $2.03M worth of stock was sold by Kallsen Terri R on Tuesday, April 24.

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.12, from 1.03 in 2017Q3. It improved, as 48 investors sold The Charles Schwab Corporation shares while 292 reduced holdings. 106 funds opened positions while 285 raised stakes. 1.05 billion shares or 0.91% more from 1.04 billion shares in 2017Q3 were reported. Sandy Spring Natl Bank reported 116,856 shares. Maverick Cap stated it has 2.04% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Qs Lc owns 0.01% invested in The Charles Schwab Corporation (NYSE:SCHW) for 22,464 shares. Wedgewood Prtn holds 1.73M shares or 3.6% of its portfolio. Whittier Co reported 196,911 shares or 0.35% of all its holdings. Ubs Asset Mngmt Americas Incorporated accumulated 3.45M shares or 0.15% of the stock. Pennsylvania-based Waldron Lp has invested 0.09% in The Charles Schwab Corporation (NYSE:SCHW). Amp Capital Invsts Limited reported 359,438 shares. Usca Ria Limited Liability Co holds 18,779 shares or 0.11% of its portfolio. Bowen Hanes & Co accumulated 943,895 shares. Oakworth Cap holds 0.01% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 1,200 shares. Gabelli Funds Lc holds 226,100 shares. East Coast Asset Ltd Liability Co invested in 412,271 shares. Howe & Rusling reported 138,600 shares. The Pennsylvania-based Cookson Peirce And Inc has invested 1% in The Charles Schwab Corporation (NYSE:SCHW).

The stock decreased 1.44% or $0.84 during the last trading session, reaching $57.3. About 6.38M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 30.72% since May 26, 2017 and is uptrending. It has outperformed by 19.17% the S&P500.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company has market cap of $77.31 billion. The firm operates through two divisions, Investor Services and Advisor Services. It has a 32.35 P/E ratio. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business.

More important recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Bizjournals.com which released: “Charles Schwab opens up about how his struggles with dyslexia shaped him as a CEO (Video)” on May 08, 2018, also Bizjournals.com published article titled: “Chuck Schwab on tax reform’s Bay Area impact: ‘A lot of companies will be moving their people out of here'”, Streetinsider.com published: “Charles Schwab (SCHW) Reports April Activity Highlights” on May 14, 2018. More interesting news about The Charles Schwab Corporation (NYSE:SCHW) was released by: Bizjournals.com and their article: “Charles Schwab picks San Francisco for digital accelerator” with publication date: May 03, 2018.

Conestoga Capital Advisors Llc decreased Cantel Medical Corp (NYSE:CMN) stake by 64,086 shares to 672,968 valued at $69.23 million in 2017Q4. It also reduced Nic Inc (NASDAQ:EGOV) stake by 293,655 shares and now owns 1.72 million shares. Watsco Inc (NYSE:WSO) was reduced too.

Since January 16, 2018, it had 1 insider purchase, and 12 selling transactions for $7.52 million activity. Golden Michael F also sold $437,754 worth of Trex Company, Inc. (NYSE:TREX) on Tuesday, February 27. The insider SCRIPTER JAY T bought $4,807. 1,481 Trex Company, Inc. (NYSE:TREX) shares with value of $165,125 were sold by MERLOTTI FRANK H JR. $362,997 worth of Trex Company, Inc. (NYSE:TREX) was sold by ROBINSON PATRICIA B on Thursday, April 5. GRATZ JAY M also sold $123,735 worth of Trex Company, Inc. (NYSE:TREX) shares. On Thursday, February 22 the insider Cline James E sold $2.31 million. Gerhard Christopher Paul had sold 3,500 shares worth $376,164.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.29, from 1.35 in 2017Q3. It fall, as 8 investors sold TREX shares while 93 reduced holdings. 49 funds opened positions while 58 raised stakes. 25.62 million shares or 0.85% less from 25.84 million shares in 2017Q3 were reported. Dimensional Fund Advsr Ltd Partnership reported 0.04% of its portfolio in Trex Company, Inc. (NYSE:TREX). 5,887 are owned by Alps Advisors. Citigroup holds 0% or 11,921 shares. Goldman Sachs Group Inc Inc has invested 0% of its portfolio in Trex Company, Inc. (NYSE:TREX). Rice Hall James And Associates Ltd Liability Com stated it has 0.31% of its portfolio in Trex Company, Inc. (NYSE:TREX). 9,815 are held by Atlantic Gp Limited Liability Company. New York State Teachers Retirement holds 0.01% or 21,333 shares in its portfolio. Mutual Of America Capital Limited Liability Company reported 0.1% stake. Menta Cap Ltd reported 0.2% of its portfolio in Trex Company, Inc. (NYSE:TREX). Oppenheimer Asset Mgmt Incorporated, New York-based fund reported 7,418 shares. Ubs Asset Americas reported 17,946 shares stake. Paloma Management stated it has 9,296 shares. Whalerock Point Prns Ltd Limited Liability Company accumulated 3,500 shares. 3,911 are owned by Fdx Incorporated. Us National Bank & Trust De holds 1,542 shares or 0% of its portfolio.

More notable recent Trex Company, Inc. (NYSE:TREX) news were published by: Fool.com which released: “Trex Company Inc Stock Is Up 12% After Earnings: Here’s Why” on May 08, 2018, also Globenewswire.com with their article: “Trex Company Announces Plastic Film Recycling Challenge Winners” published on May 04, 2018, Seekingalpha.com published: “Trex’s (TREX) CEO James Cline on Q1 2018 Results – Earnings Call Transcript” on May 08, 2018. More interesting news about Trex Company, Inc. (NYSE:TREX) were released by: Fool.com and their article: “Trex Company Inc Continues to Deliver Record Growth” published on May 11, 2018 as well as Nasdaq.com‘s news article titled: “3 Stocks for Retirees to Grow Their Nest Egg” with publication date: May 19, 2018.

Trex Company, Inc. (NYSE:TREX) Institutional Positions Chart

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