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Charles Schwab reported strong quarterly earnings, seeing major stake shifts among investors.
Biltmore Family Office and Chairman Walter W. Bettinger reduced their stakes in Charles Schwab, while Bryce Point Capital and Motley Fool Asset Management increased theirs.
Schwab reported strong financials for the quarter, with earnings per share of $1.01, exceeding analyst estimates, and a 19.5% revenue increase.
The stock rallied in the fourth quarter, up 293.9%, and currently has a "Moderate Buy" rating with a price target of $87.28.
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Charles Schwab reportó fuertes ganancias trimestrales, viendo importantes cambios en la participación entre los inversores.