Capital Wealth Planning LLC Has $5.34 Million Position in Barclays PLC (NYSE:BCS)

Capital Wealth Planning LLC grew its holdings in Barclays PLC (NYSE:BCS) by 34.2% during the 4th quarter, HoldingsChannel reports. The firm owned 401,701 shares of the financial services provider’s stock after acquiring an additional 102,466 shares during the quarter. Capital Wealth Planning LLC’s holdings in Barclays were worth $5,339,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Choreo LLC grew its position in Barclays by 1.7% during the fourth quarter. Choreo LLC now owns 46,860 shares of the financial services provider’s stock worth $623,000 after buying an additional 802 shares in the last quarter. Lake Street Advisors Group LLC grew its position in Barclays by 2.2% during the fourth quarter. Lake Street Advisors Group LLC now owns 40,500 shares of the financial services provider’s stock worth $538,000 after buying an additional 880 shares in the last quarter. M&T Bank Corp grew its position in Barclays by 4.7% during the third quarter. M&T Bank Corp now owns 20,568 shares of the financial services provider’s stock worth $250,000 after buying an additional 918 shares in the last quarter. Callan Capital LLC grew its position in Barclays by 5.4% during the fourth quarter. Callan Capital LLC now owns 19,930 shares of the financial services provider’s stock worth $265,000 after buying an additional 1,013 shares in the last quarter. Finally, Apollon Wealth Management LLC grew its position in Barclays by 10.0% during the third quarter. Apollon Wealth Management LLC now owns 11,826 shares of the financial services provider’s stock worth $144,000 after buying an additional 1,075 shares in the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

Barclays Stock Up 1.1 %

Shares of BCS opened at $15.87 on Friday. The stock has a market cap of $57.20 billion, a price-to-earnings ratio of 8.62, a P/E/G ratio of 0.39 and a beta of 1.41. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. Barclays PLC has a 12 month low of $8.37 and a 12 month high of $16.02. The company has a 50-day moving average price of $14.34 and a two-hundred day moving average price of $13.19.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.15. Barclays had a net margin of 20.81% and a return on equity of 7.74%. Equities analysts predict that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.2737 per share. This is a boost from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date is Friday, February 28th. This represents a yield of 2.7%. Barclays’s dividend payout ratio (DPR) is currently 28.80%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Barclays from a “buy” rating to a “hold” rating in a research report on Thursday.

Barclays Profile

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.