2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. raised its position in Barclays PLC ( NYSE:BCS ) by 5.7% during the fourth quarter, HoldingsChannel.
com reports. The firm owned 182,404 shares of the financial services provider’s stock after buying an additional 9,911 shares during the quarter. Russell Investments Group Ltd.
’s holdings in Barclays were worth $2,424,000 as of its most recent SEC filing. Several other hedge funds also recently bought and sold shares of the company. Brooklyn Investment Group bought a new stake in shares of Barclays in the 4th quarter valued at approximately $26,000.
Activest Wealth Management acquired a new position in shares of Barclays during the 4th quarter worth $33,000. Sierra Ocean LLC bought a new position in shares of Barclays during the 4th quarter valued at $38,000. TD Private Client Wealth LLC lifted its stake in shares of Barclays by 135.
5% in the 4th quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 1,678 shares during the last quarter. Finally, Versant Capital Management Inc acquired a new position in Barclays during the fourth quarter worth $44,000.
3.39% of the stock is owned by institutional investors and hedge funds. Analysts Set New Price Targets A number of analysts have weighed in on the company.
StockNews.com cut Barclays from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. BNP Paribas upgraded Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th.
One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Barclays has a consensus rating of “Moderate Buy”.
Barclays Stock Up 0.9 % BCS stock opened at $14.69 on Friday.
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 company has a 50-day moving average of $15.09 and a two-hundred day moving average of $13.
95. The stock has a market capitalization of $52.60 billion, a price-to-earnings ratio of 7.
98, a price-to-earnings-growth ratio of 0.39 and a beta of 1.11.
Barclays PLC has a 52-week low of $9.26 and a 52-week high of $16.34.
Barclays ( NYSE:BCS – Get Free Report ) last issued 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 return on equity of 7.
74% and a net margin of 20.81%. As a group, equities research analysts anticipate that Barclays PLC will post 2 EPS for the current year.
Barclays Increases Dividend The company also recently announced a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Friday, February 28th were given a dividend of $0.2737 per share.
The ex-dividend date of this dividend was Friday, February 28th. This is an increase from Barclays’s previous semi-annual dividend of $0.27.
This represents a yield of 2.7%. Barclays’s dividend payout ratio (DPR) is 29.
89%. Barclays Company Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding BCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barclays PLC ( NYSE:BCS – Free Report ).
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