The Charles Schwab Co. (NYSE:SCHW) Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. decreased its position in shares of The Charles Schwab Co. (NYSE:SCHW - Free Report) by 29.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,300 shares of the financial services provider's stock after selling 3,005 shares during the period. Integral Investment Advisors Inc.'s holdings in Charles Schwab were worth $571,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Atwood & Palmer Inc. bought a new position in Charles Schwab during the first quarter valued at $25,000. GAMMA Investing LLC increased its position in shares of Charles Schwab by 28.2% during the first quarter. GAMMA Investing LLC now owns 27,122 shares of the financial services provider's stock worth $2,123,000 after purchasing an additional 5,973 shares in the last quarter. Yousif Capital Management LLC raised its stake in Charles Schwab by 10.5% in the first quarter. Yousif Capital Management LLC now owns 212,673 shares of the financial services provider's stock valued at $16,648,000 after buying an additional 20,200 shares during the last quarter. Bruce G. Allen Investments LLC boosted its holdings in Charles Schwab by 9.5% in the first quarter. Bruce G. Allen Investments LLC now owns 3,184 shares of the financial services provider's stock worth $249,000 after acquiring an additional 277 shares in the last quarter. Finally, Pallas Capital Advisors LLC purchased a new stake in shares of Charles Schwab during the first quarter worth about $1,409,000. 84.38% of the stock is owned by institutional investors.

Charles Schwab Price Performance

SCHW traded up $0.08 during midday trading on Thursday, hitting $88.48. 4,378,980 shares of the company traded hands, compared to its average volume of 10,585,923. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.59. The Charles Schwab Co. has a 52-week low of $61.01 and a 52-week high of $89.85. The company has a market capitalization of $160.77 billion, a price-to-earnings ratio of 29.59, a PEG ratio of 0.99 and a beta of 0.94. The business has a 50 day simple moving average of $82.58 and a two-hundred day simple moving average of $79.79.

Charles Schwab (NYSE:SCHW - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The financial services provider reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.03. The firm had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.46 billion. Charles Schwab had a net margin of 30.31% and a return on equity of 18.20%. During the same period in the previous year, the business posted $0.74 earnings per share. On average, equities analysts forecast that The Charles Schwab Co. will post 4.22 earnings per share for the current fiscal year.

Charles Schwab Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 9th were issued a $0.27 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $1.08 annualized dividend and a dividend yield of 1.22%. Charles Schwab's dividend payout ratio is presently 32.73%.

Analysts Set New Price Targets

SCHW has been the subject of a number of research analyst reports. Cowen restated a "buy" rating on shares of Charles Schwab in a research note on Tuesday, May 20th. Barclays decreased their target price on Charles Schwab from $96.00 to $84.00 and set an "overweight" rating for the company in a report on Monday, April 7th. JMP Securities reiterated a "market outperform" rating and issued a $94.00 price target on shares of Charles Schwab in a report on Monday, April 21st. Morgan Stanley raised their target price on shares of Charles Schwab from $76.00 to $83.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Finally, TD Securities increased their price target on Charles Schwab from $95.00 to $113.00 and gave the stock a "buy" rating in a research report on Tuesday, May 20th. Two analysts have rated the stock with a sell rating, three have given a hold rating and fifteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $89.25.

Insider Buying and Selling

In other news, Director Frank C. Herringer sold 3,592 shares of the firm's stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $74.26, for a total transaction of $266,741.92. Following the completion of the sale, the director now owns 172,162 shares in the company, valued at $12,784,750.12. This trade represents a 2.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jonathan M. Craig sold 47,500 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $88.46, for a total value of $4,201,850.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 97,608 shares of company stock worth $8,392,040. 6.30% of the stock is owned by corporate insiders.

Charles Schwab Profile

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services.