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Ilmarinen boosts Charles Schwab holdings by 76.4%, as Schwab reports strong earnings, beating estimates.
Ilmarinen Mutual Pension Insurance Co. increased its stock holdings in Charles Schwab by 76.4%, now owning 186,971 shares worth $13.8 million.
Schwab reported earnings of $1.01 per share, beating analyst estimates of $0.90, with revenue at $5.33 billion, up 19.5% year-over-year.
Analysts expect a 4.22 EPS for the year, and the stock has a "Moderate Buy" rating with a target price of $86.94.
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Ilmarinen aumenta las participaciones de Charles Schwab en un 76,4%, ya que Schwab reporta fuertes ganancias, superando las estimaciones.