Schonfeld Strategic Advisors LLC Invests $4.04 Million in Barclays PLC (NYSE:BCS)

Schonfeld Strategic Advisors LLC bought a new position in Barclays PLC (NYSE:BCS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 304,300 shares of the financial services provider's stock, valued at approximately $4,044,000.

Other institutional investors have also bought and sold shares of the company. Northern Trust Corp boosted its stake in shares of Barclays by 20.5% in the fourth quarter. Northern Trust Corp now owns 6,059,544 shares of the financial services provider's stock worth $80,531,000 after acquiring an additional 1,029,401 shares during the period. Causeway Capital Management LLC boosted its stake in Barclays by 8.9% in the 4th quarter. Causeway Capital Management LLC now owns 5,930,467 shares of the financial services provider's stock worth $78,816,000 after purchasing an additional 484,497 shares during the period. American Century Companies Inc. grew its holdings in Barclays by 9.8% during the 4th quarter. American Century Companies Inc. now owns 5,635,864 shares of the financial services provider's stock valued at $74,901,000 after buying an additional 505,351 shares in the last quarter. Natixis Advisors LLC raised its position in shares of Barclays by 39.5% during the fourth quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider's stock valued at $66,117,000 after buying an additional 1,409,948 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Barclays in the fourth quarter worth $59,373,000. Hedge funds and other institutional investors own 3.39% of the company's stock.

Analyst Ratings Changes

BCS has been the topic of a number of research reports. BNP Paribas upgraded shares of Barclays from a "neutral" rating to an "outperform" rating in a report on Tuesday, March 4th. StockNews.com cut Barclays from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Barclays presently has a consensus rating of "Moderate Buy".

Barclays Price Performance

BCS traded down $0.19 during trading hours on Wednesday, hitting $15.93. The company's stock had a trading volume of 12,556,367 shares, compared to its average volume of 14,456,341. The stock has a market cap of $57.04 billion, a price-to-earnings ratio of 8.65, a P/E/G ratio of 0.39 and a beta of 1.10. The business's 50-day moving average price is $15.22 and its 200-day moving average price is $14.26. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. 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 posted its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.04. The firm had revenue of $10.32 billion for the quarter, compared to the consensus estimate of $8.37 billion. Barclays had a net margin of 20.81% and a return on equity of 7.74%. Sell-side analysts expect that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

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

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.