Wealth Architects LLC lowered its stake in Barclays PLC (NYSE:BCS) by 4.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 24,507 shares of the financial services provider’s stock after selling 1,066 shares during the period. Wealth Architects LLC’s holdings in Barclays were worth $326,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of BCS. Apollon Wealth Management LLC increased its position in shares of Barclays by 10.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 11,826 shares of the financial services provider’s stock worth $144,000 after purchasing an additional 1,075 shares during the last quarter. Natixis Advisors LLC grew its position in shares of Barclays by 286.1% during the 3rd quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock valued at $43,315,000 after buying an additional 2,641,608 shares during the last quarter. Claro Advisors LLC grew its position in shares of Barclays by 180.6% during the 3rd quarter. Claro Advisors LLC now owns 31,648 shares of the financial services provider’s stock valued at $385,000 after buying an additional 20,371 shares during the last quarter. Baron Wealth Management LLC increased its stake in shares of Barclays by 56.8% in the third quarter. Baron Wealth Management LLC now owns 16,743 shares of the financial services provider’s stock valued at $203,000 after purchasing an additional 6,062 shares during the period. Finally, Wrapmanager Inc. acquired a new stake in shares of Barclays in the third quarter valued at approximately $181,000. Institutional investors own 3.39% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. StockNews.com lowered shares of Barclays from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Barclays Trading Up 4.5 %
Barclays stock opened at $15.71 on Monday. The firm has a 50 day simple moving average of $14.79 and a 200-day simple moving average of $13.45. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29. The stock has a market capitalization of $56.47 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38. Barclays PLC has a 12-month low of $8.95 and a 12-month high of $16.33.
Barclays (NYSE:BCS – Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.15. Barclays had a net margin of 20.81% and a return on equity of 7.74%. As a group, equities research analysts expect that Barclays PLC will post 2 EPS for the current fiscal year.
Barclays Increases Dividend
The business also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, February 28th will be issued a $0.2737 dividend. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 2.7%. Barclays’s dividend payout ratio (DPR) is 28.80%.
About Barclays
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.
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