Hilltop National Bank acquired a new position in Barclays PLC (NYSE:BCS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,122 shares of the financial services provider's stock, valued at approximately $244,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Dogwood Wealth Management LLC purchased a new position in Barclays in the second quarter worth about $46,000. Janney Montgomery Scott LLC boosted its holdings in shares of Barclays by 73.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 82,575 shares of the financial services provider's stock worth $1,535,000 after purchasing an additional 34,958 shares during the period. GC Wealth Management RIA LLC boosted its holdings in shares of Barclays by 8.8% in the 2nd quarter. GC Wealth Management RIA LLC now owns 65,538 shares of the financial services provider's stock worth $1,218,000 after purchasing an additional 5,291 shares during the period. TD Private Client Wealth LLC purchased a new position in Barclays during the second quarter worth $56,000. Finally, Ballentine Partners LLC boosted its stake in Barclays by 5.3% during the second quarter. Ballentine Partners LLC now owns 33,205 shares of the financial services provider's stock worth $617,000 after buying an additional 1,658 shares during the period. Hedge funds and other institutional investors own 3.39% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts have commented on BCS shares. Zacks Research raised shares of Barclays from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 29th. Wall Street Zen cut shares of Barclays from a "buy" rating to a "hold" rating in a research note on Friday. Royal Bank Of Canada restated an "outperform" rating on shares of Barclays in a research report on Wednesday, July 16th. Morgan Stanley restated an "overweight" rating on shares of Barclays in a research report on Tuesday, September 2nd. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Barclays in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy".
Read Our Latest Analysis on BCS
Barclays Stock Up 1.7%
Shares of NYSE BCS opened at $20.98 on Friday. The company has a debt-to-equity ratio of 5.70, a quick ratio of 1.38 and a current ratio of 1.38. The firm has a market capitalization of $73.70 billion, a price-to-earnings ratio of 9.67, a PEG ratio of 0.42 and a beta of 1.10. The stock has a 50 day moving average price of $20.24 and a 200 day moving average price of $18.02. Barclays PLC has a 52-week low of $11.94 and a 52-week high of $21.22.
Barclays (NYSE:BCS - Get Free Report) last issued its earnings results on Tuesday, July 29th. The financial services provider reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.12. Barclays had a return on equity of 8.49% and a net margin of 22.11%.The business had revenue of $9.58 billion during the quarter, compared to analysts' expectations of $7.06 billion. Sell-side analysts expect that Barclays PLC will post 2 earnings per share for the current year.
Barclays Cuts Dividend
The firm also recently disclosed a semi-annual dividend, which was paid on Tuesday, September 16th. Investors of record on Friday, August 8th were paid a $0.1557 dividend. The ex-dividend date of this dividend was Friday, August 8th. This represents a yield of 210.0%. Barclays's dividend payout ratio is 14.75%.
Barclays 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.
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