Teachers Retirement System of The State of Kentucky Boosts Holdings in Barclays PLC (NYSE:BCS)

Teachers Retirement System of The State of Kentucky increased its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 7.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,133,020 shares of the financial services provider's stock after acquiring an additional 142,420 shares during the period. Teachers Retirement System of The State of Kentucky owned about 0.06% of Barclays worth $28,348,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Lindbrook Capital LLC increased its stake in Barclays by 7.7% in the fourth quarter. Lindbrook Capital LLC now owns 9,476 shares of the financial services provider's stock worth $126,000 after purchasing an additional 674 shares during the period. Choreo LLC increased its stake in Barclays by 1.7% in the 4th quarter. Choreo LLC now owns 46,860 shares of the financial services provider's stock worth $623,000 after buying an additional 802 shares during the period. Forum Financial Management LP lifted its holdings in Barclays by 1.8% during the 4th quarter. Forum Financial Management LP now owns 48,199 shares of the financial services provider's stock valued at $641,000 after buying an additional 874 shares in the last quarter. Lake Street Advisors Group LLC boosted its position in Barclays by 2.2% in the 4th quarter. Lake Street Advisors Group LLC now owns 40,500 shares of the financial services provider's stock valued at $538,000 after buying an additional 880 shares during the period. Finally, Pzena Investment Management LLC boosted its position in Barclays by 1.1% in the 4th quarter. Pzena Investment Management LLC now owns 86,226 shares of the financial services provider's stock valued at $1,146,000 after buying an additional 924 shares during the period. Hedge funds and other institutional investors own 3.39% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. StockNews.com downgraded shares of Barclays from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. BNP Paribas raised Barclays from a "neutral" rating to an "outperform" rating in a research report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Barclays Stock Up 1.1 %

Barclays stock traded up $0.17 during midday trading on Friday, hitting $15.80. 11,102,307 shares of the company's stock were exchanged, compared to its average volume of 14,560,166. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market cap of $56.60 billion, a PE ratio of 8.59, a P/E/G ratio of 0.39 and a beta of 1.11. The firm has a 50-day moving average of $15.12 and a two-hundred day moving average of $14.07. Barclays PLC has a 12 month low of $10.15 and a 12 month high of $16.34.

Barclays (NYSE:BCS - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.15. Barclays had a net margin of 20.81% and a return on equity of 7.74%. As a group, analysts expect that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Friday, February 28th were given a dividend of $0.2737 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a yield of 2.7%. This is an increase from Barclays's previous semi-annual dividend of $0.27. Barclays's dividend payout ratio (DPR) is presently 29.89%.

Barclays Company Profile

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.