Henry James International Management Inc. Takes Position in Barclays PLC (NYSE:BCS)

Henry James International Management Inc. purchased a new position in Barclays PLC (NYSE:BCS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 32,988 shares of the financial services provider’s stock, valued at approximately $438,000.

A number of other hedge funds have also recently made changes to their positions in BCS. Public Employees Retirement System of Ohio acquired a new stake in Barclays in the third quarter valued at approximately $52,335,000. Natixis Advisors LLC lifted its holdings in shares of Barclays by 286.1% during the 3rd quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock valued at $43,315,000 after purchasing an additional 2,641,608 shares during the last quarter. ABC Arbitrage SA acquired a new stake in shares of Barclays in the 4th quarter worth $21,514,000. Allspring Global Investments Holdings LLC grew its stake in Barclays by 3,073.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 689,413 shares of the financial services provider’s stock worth $9,052,000 after buying an additional 667,687 shares during the last quarter. Finally, FMR LLC increased its position in Barclays by 11.6% during the 3rd quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock valued at $78,149,000 after buying an additional 667,498 shares in the last quarter. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Barclays from a “buy” rating to a “hold” rating in a report on Thursday.

Barclays Trading Up 1.1 %

Shares of Barclays stock opened at $15.87 on Friday. Barclays PLC has a 12-month low of $8.37 and a 12-month high of $16.02. The firm’s 50 day simple moving average is $14.34 and its two-hundred day simple moving average is $13.17. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. The firm has a market capitalization of $57.20 billion, a price-to-earnings ratio of 8.62, a PEG ratio of 0.39 and a beta of 1.40.

Barclays (NYSE:BCS) last issued its earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. Analysts predict that Barclays PLC will post 2 EPS for the current year.

Barclays Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Friday, April 4th. Investors of record on Friday, February 28th will be issued a dividend of $0.2737 per share. This is an increase from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date of this dividend is Friday, February 28th. This represents a dividend yield of 2.7%. Barclays’s payout ratio is 28.80%.

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.