Integral Investment Advisors Inc. Grows Stake in The Charles Schwab Co. (NYSE:SCHW)

Integral Investment Advisors Inc. increased its stake in The Charles Schwab Co. (NYSE:SCHW) by 7.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,324 shares of the financial services provider’s stock after acquiring an additional 300 shares during the period. Integral Investment Advisors Inc.’s holdings in Charles Schwab were worth $245,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHW. Bank Julius Baer & Co. Ltd Zurich grew its position in Charles Schwab by 93,993.8% in the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 965,692,348 shares of the financial services provider’s stock worth $54,735,442,000 after acquiring an additional 964,666,040 shares in the last quarter. Norges Bank bought a new stake in Charles Schwab in the fourth quarter worth about $1,325,555,000. Morgan Stanley lifted its stake in Charles Schwab by 62.5% in the fourth quarter. Morgan Stanley now owns 22,255,649 shares of the financial services provider’s stock worth $1,853,005,000 after purchasing an additional 8,563,389 shares during the last quarter. Flossbach Von Storch AG lifted its stake in Charles Schwab by 48.7% in the first quarter. Flossbach Von Storch AG now owns 16,619,849 shares of the financial services provider’s stock worth $870,548,000 after purchasing an additional 5,445,011 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC lifted its stake in Charles Schwab by 91,051.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 5,365,193 shares of the financial services provider’s stock worth $446,706,000 after purchasing an additional 5,359,307 shares during the last quarter. Hedge funds and other institutional investors own 81.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Barclays raised their price objective on shares of Charles Schwab from $55.00 to $57.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 17th. UBS Group decreased their price objective on shares of Charles Schwab from $80.00 to $72.00 and set a “buy” rating for the company in a research note on Monday, October 16th. StockNews.com assumed coverage on shares of Charles Schwab in a research note on Thursday, October 5th. They issued a “sell” rating for the company. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Charles Schwab from $70.00 to $69.00 in a research note on Wednesday, October 11th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Charles Schwab from $92.00 to $85.00 and set an “overweight” rating for the company in a research note on Tuesday, October 17th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.91.

Charles Schwab Stock Up 2.0 %

NYSE:SCHW traded up $1.11 during trading hours on Friday, reaching $56.78. The company’s stock had a trading volume of 7,367,936 shares, compared to its average volume of 10,750,892. The company has a market capitalization of $100.60 billion, a P/E ratio of 18.93, a price-to-earnings-growth ratio of 2.46 and a beta of 0.94. The Charles Schwab Co. has a 12 month low of $45.00 and a 12 month high of $86.63. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a 50 day moving average price of $54.02 and a two-hundred day moving average price of $56.23.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings data on Monday, October 16th. The financial services provider reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.02. The company had revenue of $4.61 billion during the quarter, compared to the consensus estimate of $4.62 billion. Charles Schwab had a net margin of 30.14% and a return on equity of 24.58%. Charles Schwab’s revenue for the quarter was down 16.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.10 earnings per share. Equities analysts predict that The Charles Schwab Co. will post 3.16 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 24th. Shareholders of record on Friday, November 10th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, November 9th. Charles Schwab’s dividend payout ratio is currently 33.33%.

Insiders Place Their Bets

In other Charles Schwab news, CFO Peter B. Crawford sold 3,114 shares of Charles Schwab stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $56.19, for a total value of $174,975.66. Following the transaction, the chief financial officer now directly owns 41,611 shares of the company’s stock, valued at $2,338,122.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Charles Schwab news, CFO Peter B. Crawford sold 3,114 shares of Charles Schwab stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $56.19, for a total value of $174,975.66. Following the transaction, the chief financial officer now directly owns 41,611 shares of the company’s stock, valued at $2,338,122.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Peter J. Morgan III sold 8,000 shares of the business’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $59.61, for a total transaction of $476,880.00. Following the sale, the general counsel now directly owns 8,014 shares in the company, valued at $477,714.54. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,824 shares of company stock valued at $1,214,937. 6.60% of the stock is currently owned by 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. The company operates in two segments, Investor Services and Advisor Services.