EverSource Wealth Advisors LLC Increases Holdings in Barclays PLC (NYSE:BCS)

EverSource Wealth Advisors LLC boosted its position in Barclays PLC (NYSE:BCS) by 362.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,952 shares of the financial services provider’s stock after buying an additional 16,418 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Barclays were worth $278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of BCS. Sequoia Financial Advisors LLC boosted its stake in shares of Barclays by 4.1% in the 4th quarter. Sequoia Financial Advisors LLC now owns 31,410 shares of the financial services provider’s stock valued at $417,000 after purchasing an additional 1,230 shares in the last quarter. Moors & Cabot Inc. lifted its stake in Barclays by 15.2% in the fourth quarter. Moors & Cabot Inc. now owns 12,659 shares of the financial services provider’s stock worth $168,000 after purchasing an additional 1,675 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in Barclays during the fourth quarter valued at about $169,000. Pzena Investment Management LLC grew its stake in shares of Barclays by 1.1% during the fourth 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 last quarter. Finally, Naviter Wealth LLC purchased a new position in shares of Barclays in the fourth quarter worth about $951,000. 3.39% of the stock is currently owned by institutional investors.

Barclays Stock Up 4.5 %

NYSE BCS opened at $15.71 on Friday. Barclays PLC has a 1 year low of $8.95 and a 1 year high of $16.33. The stock has a market capitalization of $56.47 billion, a PE ratio of 8.54, a PEG ratio of 0.39 and a beta of 1.38. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29. The business’s 50-day moving average is $14.79 and its 200 day moving average is $13.44.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share 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%. Sell-side analysts forecast that Barclays PLC will post 2 earnings per share for the current year.

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be issued a $0.2737 dividend. The ex-dividend date is Friday, February 28th. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. This represents a yield of 2.7%. Barclays’s dividend payout ratio is 28.80%.

Analysts Set New Price Targets

BCS has been the topic of several recent research reports. BNP Paribas upgraded Barclays from a “neutral” rating to an “outperform” rating in a research report on Tuesday, March 4th. StockNews.com cut shares of 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 assigned a buy rating to the company. According to data from MarketBeat.com, Barclays has a consensus rating of “Moderate Buy”.

Barclays 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.