Stifel Financial Corp grew its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 9.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 691,852 shares of the financial services provider's stock after purchasing an additional 57,784 shares during the quarter. Stifel Financial Corp's holdings in Barclays were worth $9,195,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the business. Senator Investment Group LP increased its holdings in Barclays by 8.8% during the fourth quarter. Senator Investment Group LP now owns 114,041 shares of the financial services provider's stock valued at $1,516,000 after buying an additional 9,180 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Barclays by 187.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 182,483 shares of the financial services provider's stock worth $2,425,000 after purchasing an additional 118,967 shares in the last quarter. Teachers Retirement System of The State of Kentucky raised its holdings in Barclays by 7.2% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 2,133,020 shares of the financial services provider's stock worth $28,348,000 after purchasing an additional 142,420 shares during the period. MML Investors Services LLC lifted its position in Barclays by 26.6% during the fourth quarter. MML Investors Services LLC now owns 172,060 shares of the financial services provider's stock valued at $2,287,000 after purchasing an additional 36,137 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in Barclays during the fourth quarter valued at about $1,097,000. Institutional investors own 3.39% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on BCS shares. StockNews.com downgraded Barclays from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. BNP Paribas raised shares of Barclays from a "neutral" rating to an "outperform" rating in a research note on Tuesday, March 4th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".
Read Our Latest Stock Report on BCS
Barclays Price Performance
Shares of NYSE:BCS traded down $0.22 during trading on Thursday, hitting $15.84. 13,920,100 shares of the company's stock were exchanged, compared to its average volume of 14,517,600. The business's 50-day simple moving average is $15.17 and its 200 day simple moving average is $14.15. The company has a market cap of $56.74 billion, a price-to-earnings ratio of 8.61, a PEG ratio of 0.39 and a beta of 1.11. Barclays PLC has a 52-week low of $10.15 and a 52-week high of $16.34. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29.
Barclays (NYSE:BCS - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.04. Barclays had a net margin of 20.81% and a return on equity of 7.74%. The business had revenue of $10.32 billion during the quarter, compared to analyst estimates of $8.37 billion. As a group, equities analysts predict that Barclays PLC will post 2 EPS for the current year.
Barclays Increases Dividend
The business also recently declared a semi-annual dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, February 28th were paid a $0.2737 dividend. The ex-dividend date was Friday, February 28th. This represents a yield of 2.7%. This is a boost from Barclays's previous semi-annual dividend of $0.27. Barclays's payout ratio is presently 29.89%.
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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