Billionaire James Dinan is Selling These 5 Stocks

3. The Charles Schwab Corporation (NYSE:SCHW)

Number of Hedge Fund Holders: 59

The Charles Schwab Corporation (NYSE:SCHW) is a major US financial company headquartered in Texas. The company provides various services like banking, investment, asset management, wealth management, and financial advice. York Capital Management held 65,486 shares in the company in the second quarter that were sold in the third quarter of 2021.

On December 16, BofA analyst Craig Slegenthaler initiated coverage of The Charles Schwab Corporation (NYSE:SCHW) with a ‘Buy’ rating on the shares and a price target of $97. The company beat analyst estimates by $47.10 million after filing a Q3 revenue of $4.57 billion.