XTX Topco Ltd Acquires 27,717 Shares of Barclays PLC (NYSE:BCS)

Key Points

• XTX Topco Ltd increased its stake in Barclays PLC by 181.8% during the first quarter, now holding 42,959 shares valued at $660,000.
• Barclays reported earnings of $0.62 per share, beating expectations of $0.50, with revenue of $9.58 billion in the last quarter.
• The company declared a semi-annual dividend of $0.1557 per share, with a dividend yield of 210.0%, and a payout ratio of 25.35%.

XTX Topco Ltd grew its holdings in Barclays PLC (NYSE:BCS - Free Report) by 181.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,959 shares of the financial services provider's stock after purchasing an additional 27,717 shares during the quarter. XTX Topco Ltd's holdings in Barclays were worth $660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Financial Management Professionals Inc. bought a new position in shares of Barclays during the 1st quarter worth approximately $29,000. Wealthquest Corp acquired a new position in shares of Barclays during the 1st quarter valued at $32,000. Wayfinding Financial LLC bought a new position in Barclays during the first quarter worth $46,000. Bessemer Group Inc. grew its holdings in Barclays by 1,539.6% in the first quarter. Bessemer Group Inc. now owns 4,509 shares of the financial services provider's stock worth $69,000 after purchasing an additional 4,234 shares during the period. Finally, Burns Matteson Capital Management LLC bought a new stake in Barclays in the first quarter valued at $150,000. Institutional investors own 3.39% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on BCS shares. Morgan Stanley reissued an "overweight" rating on shares of Barclays in a research report on Wednesday, July 30th. Royal Bank Of Canada reissued an "outperform" rating on shares of Barclays in a research note on Wednesday, July 16th. Citigroup lowered Barclays from a "buy" rating to a "neutral" rating in a research report on Friday, July 18th. Finally, Wall Street Zen downgraded shares of Barclays from a "buy" rating to a "hold" rating in a research report on Sunday, July 13th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy".

Barclays Stock Up 0.9%

BCS traded up $0.17 during midday trading on Wednesday, reaching $19.56. 13,475,190 shares of the company were exchanged, compared to its average volume of 19,241,196. The company has a market cap of $69.06 billion, a price-to-earnings ratio of 9.01, a price-to-earnings-growth ratio of 0.47 and a beta of 1.15. Barclays PLC has a one year low of $10.76 and a one year high of $20.07. The company's fifty day moving average price is $18.42 and its 200 day moving average price is $16.49. The company has a debt-to-equity ratio of 5.70, a quick ratio of 1.38 and a current ratio of 1.38.

Barclays (NYSE:BCS - Get Free Report) last announced its earnings results on Tuesday, July 29th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.12. The company had revenue of $9.58 billion for the quarter, compared to analysts' expectations of $7.06 billion. Barclays had a return on equity of 8.49% and a net margin of 22.11%. As a group, analysts expect that Barclays PLC will post 2 EPS for the current year.

Barclays Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Tuesday, September 16th. Investors of record on Friday, August 8th will be given a dividend of $0.1557 per share. This represents a dividend yield of 210.0%. The ex-dividend date of this dividend is Friday, August 8th. Barclays's dividend payout ratio (DPR) is presently 25.35%.

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.