Cambiar Investors LLC Sells 349,428 Shares of Barclays PLC (NYSE:BCS)

Cambiar Investors LLC reduced its stake in Barclays PLC (NYSE:BCS - Free Report) by 13.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,158,760 shares of the financial services provider's stock after selling 349,428 shares during the quarter. Cambiar Investors LLC owned approximately 0.06% of Barclays worth $17,011,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Morgan Stanley boosted its holdings in shares of Barclays by 7.7% during the 3rd quarter. Morgan Stanley now owns 10,244,335 shares of the financial services provider's stock worth $79,803,000 after buying an additional 731,202 shares during the period. Lazard Asset Management LLC grew its holdings in Barclays by 5.1% in the 1st quarter. Lazard Asset Management LLC now owns 8,520,967 shares of the financial services provider's stock valued at $67,315,000 after buying an additional 412,160 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Barclays by 22.5% in the 2nd quarter. Goldman Sachs Group Inc. now owns 6,555,297 shares of the financial services provider's stock worth $51,525,000 after buying an additional 1,206,068 shares during the period. Northern Trust Corp lifted its holdings in shares of Barclays by 5.0% during the third quarter. Northern Trust Corp now owns 4,407,427 shares of the financial services provider's stock worth $34,334,000 after buying an additional 210,982 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Barclays by 33,931.2% in the first quarter. Jane Street Group LLC now owns 4,253,901 shares of the financial services provider's stock worth $30,586,000 after acquiring an additional 4,241,401 shares during the last quarter. Institutional investors own 3.39% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Barclays from a "buy" rating to a "hold" rating in a research report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $190.00.

Barclays Stock Performance

Shares of BCS traded up $0.03 on Friday, reaching $9.74. 24,765,902 shares of the stock traded hands, compared to its average volume of 16,051,306. The stock's 50-day moving average price is $8.53 and its 200-day moving average price is $7.76. The company has a debt-to-equity ratio of 5.63, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market cap of $36.93 billion, a price-to-earnings ratio of 7.11, a P/E/G ratio of 0.37 and a beta of 1.48. Barclays PLC has a 12 month low of $6.23 and a 12 month high of $9.98.

Barclays (NYSE:BCS - Get Free Report) last released its quarterly earnings data on Tuesday, February 20th. The financial services provider reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.39). The business had revenue of $6.95 billion for the quarter, compared to the consensus estimate of $7.38 billion. Barclays had a return on equity of 6.09% and a net margin of 16.82%. Equities analysts forecast that Barclays PLC will post 1.59 EPS for the current fiscal year.

Barclays Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Friday, March 1st were issued a dividend of $0.2671 per share. This represents a dividend yield of 4.6%. This is an increase from Barclays's previous semi-annual dividend of $0.14. The ex-dividend date of this dividend was Thursday, February 29th. Barclays's dividend payout ratio (DPR) is presently 37.96%.

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.