Compound Planning Inc. bought a new position in shares of Barclays PLC (NYSE:BCS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 97,881 shares of the financial services provider's stock, valued at approximately $1,503,000.
A number of other hedge funds have also bought and sold shares of the company. Financial Management Professionals Inc. acquired a new stake in Barclays in the first quarter worth $29,000. Elequin Capital LP acquired a new stake in Barclays in the first quarter worth $30,000. Wealthquest Corp acquired a new stake in Barclays in the first quarter worth $32,000. Zions Bancorporation National Association UT acquired a new stake in Barclays in the first quarter worth $40,000. Finally, Wayfinding Financial LLC acquired a new stake in Barclays in the first quarter worth $46,000. Institutional investors own 3.39% of the company's stock.
Barclays Trading Down 1.2%
Shares of NYSE:BCS traded down $0.25 on Wednesday, hitting $20.16. The company had a trading volume of 8,484,192 shares, compared to its average volume of 17,000,758. The firm's 50-day simple moving average is $19.15 and its two-hundred day simple moving average is $17.06. Barclays PLC has a 1 year low of $11.22 and a 1 year high of $20.58. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 5.70. The firm has a market capitalization of $71.16 billion, a price-to-earnings ratio of 9.29, a P/E/G ratio of 0.49 and a beta of 1.15.
Barclays (NYSE:BCS - Get Free Report) last posted its earnings results on Tuesday, July 29th. The financial services provider reported $0.62 EPS for the quarter, topping the consensus estimate of $0.50 by $0.12. The firm had revenue of $9.58 billion during the quarter, compared to analysts' expectations of $7.06 billion. Barclays had a net margin of 22.11% and a return on equity of 8.49%. Equities analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.
Barclays Cuts Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Tuesday, September 16th. Investors of record on Friday, August 8th will be paid a $0.1557 dividend. This represents a dividend yield of 210.0%. The ex-dividend date is Friday, August 8th. Barclays's dividend payout ratio (DPR) is presently 14.29%.
Analyst Upgrades and Downgrades
BCS has been the subject of a number of analyst reports. Wall Street Zen cut shares of Barclays from a "buy" rating to a "hold" rating in a report on Sunday, July 13th. Royal Bank Of Canada restated an "outperform" rating on shares of Barclays in a report on Wednesday, July 16th. Morgan Stanley restated an "overweight" rating on shares of Barclays in a report on Wednesday, July 30th. Finally, Citigroup cut shares of Barclays from a "buy" rating to a "neutral" rating in a report on Friday, July 18th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".
View Our Latest Report on BCS
Barclays Profile
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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.
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