Bayesian Capital Management LP Has $3.96 Million Holdings in Barclays PLC (NYSE:BCS)

Bayesian Capital Management LP trimmed its position in Barclays PLC (NYSE:BCS - Free Report) by 30.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,600 shares of the financial services provider's stock after selling 132,200 shares during the quarter. Bayesian Capital Management LP's holdings in Barclays were worth $3,955,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brooklyn Investment Group bought a new position in shares of Barclays during the 4th quarter valued at approximately $26,000. Activest Wealth Management bought a new stake in shares of Barclays in the fourth quarter valued at about $33,000. Sierra Ocean LLC purchased a new position in Barclays during the fourth quarter valued at approximately $38,000. TD Private Client Wealth LLC boosted its position in Barclays by 135.5% during the fourth 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 in the last quarter. Finally, Versant Capital Management Inc purchased a new position in Barclays during the 4th quarter worth $44,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Barclays Price Performance

Shares of BCS traded down $0.19 during trading hours on Wednesday, reaching $15.93. The company had a trading volume of 12,556,367 shares, compared to its average volume of 14,452,655. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. The company has a market capitalization of $57.04 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 0.39 and a beta of 1.10. The firm has a 50 day simple moving average of $15.22 and a 200-day simple moving average of $14.26. Barclays PLC has a 12-month low of $10.17 and a 12-month high of $16.57.

Barclays (NYSE:BCS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.04. Barclays had a return on equity of 7.74% and a net margin of 20.81%. The business had revenue of $10.32 billion during the quarter, compared to analysts' expectations of $8.37 billion. Research analysts expect that Barclays PLC will post 2 earnings per share for the current year.

Barclays Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, February 28th were issued a dividend of $0.2737 per share. This is an increase from Barclays's previous semi-annual dividend of $0.27. The ex-dividend date of this dividend was Friday, February 28th. This represents a dividend yield of 2.7%. Barclays's payout ratio is 27.92%.

Analysts Set New Price Targets

Several brokerages have weighed in on BCS. BNP Paribas raised Barclays from a "neutral" rating to an "outperform" rating in a research report on Tuesday, March 4th. StockNews.com cut shares of Barclays from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

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.