Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of E*TRADE Financial Corp (NASDAQ:ETFC) by 4.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,473,852 shares of the financial services provider’s stock after buying an additional 63,393 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 0.55% of E*TRADE Financial worth $73,059,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in E*TRADE Financial in the 4th quarter valued at about $1,941,000. BlackRock Inc. raised its stake in E*TRADE Financial by 8.3% in the 4th quarter. BlackRock Inc. now owns 20,599,680 shares of the financial services provider’s stock valued at $1,021,125,000 after purchasing an additional 1,571,337 shares during the last quarter. Rhumbline Advisers increased its stake in shares of E*TRADE Financial by 1.2% during the 4th quarter. Rhumbline Advisers now owns 509,869 shares of the financial services provider’s stock valued at $25,274,000 after acquiring an additional 6,200 shares during the last quarter. Arizona State Retirement System increased its stake in shares of E*TRADE Financial by 6.0% during the 4th quarter. Arizona State Retirement System now owns 203,119 shares of the financial services provider’s stock valued at $10,069,000 after acquiring an additional 11,407 shares during the last quarter. Finally, MUFG Americas Holdings Corp increased its stake in shares of E*TRADE Financial by 47.2% during the 4th quarter. MUFG Americas Holdings Corp now owns 58,241 shares of the financial services provider’s stock valued at $2,887,000 after acquiring an additional 18,677 shares during the last quarter. 91.80% of the stock is owned by institutional investors and hedge funds.

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In related news, Director Joseph L. Sclafani sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $52.75, for a total transaction of $105,500.00. Following the sale, the director now directly owns 36,304 shares of the company’s stock, valued at approximately $1,915,036. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Michael John Curcio sold 34,158 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $51.74, for a total value of $1,767,334.92. Following the sale, the insider now directly owns 207,235 shares in the company, valued at $10,722,338.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 224,899 shares of company stock valued at $11,633,684. Company insiders own 0.17% of the company’s stock.

E*TRADE Financial Corp (NASDAQ:ETFC) traded down $0.34 during midday trading on Wednesday, reaching $54.06. The company’s stock had a trading volume of 139,342 shares, compared to its average volume of 2,715,647. The stock has a market cap of $14,014.51, a PE ratio of 24.03, a PEG ratio of 0.74 and a beta of 1.31. E*TRADE Financial Corp has a 52-week low of $32.25 and a 52-week high of $56.00. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.27 and a current ratio of 0.27.

E*TRADE Financial (NASDAQ:ETFC) last released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.48 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.61 by ($0.13). The company had revenue of $637.00 million during the quarter, compared to analysts’ expectations of $629.03 million. E*TRADE Financial had a return on equity of 10.07% and a net margin of 25.95%. The firm’s revenue was up 25.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.46 EPS. equities analysts anticipate that E*TRADE Financial Corp will post 3.26 EPS for the current fiscal year.

A number of research analysts have recently commented on the stock. Keefe, Bruyette & Woods raised shares of E*TRADE Financial from a “market perform” rating to an “outperform” rating and set a $61.00 price objective for the company in a research note on Tuesday. BidaskClub raised shares of E*TRADE Financial from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 17th. SunTrust Banks reaffirmed a “buy” rating and set a $66.00 price objective on shares of E*TRADE Financial in a research note on Tuesday, February 13th. Morgan Stanley upped their price objective on shares of E*TRADE Financial from $63.00 to $64.00 and gave the company a “buy” rating in a research note on Tuesday, January 30th. Finally, Credit Suisse Group reaffirmed a “buy” rating and set a $70.00 price objective on shares of E*TRADE Financial in a research note on Tuesday, January 30th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $55.13.

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E*TRADE Financial Company Profile

E*Trade Financial Corporation is a financial services company. The Company provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial. The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors.

Institutional Ownership by Quarter for E*TRADE Financial (NASDAQ:ETFC)

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