Twin Tree Management LP Acquires 76,415 Shares of Barclays PLC (NYSE:BCS)

Twin Tree Management LP increased its holdings in Barclays PLC (NYSE:BCS) by 34.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 297,705 shares of the financial services provider’s stock after purchasing an additional 76,415 shares during the quarter. Twin Tree Management LP’s holdings in Barclays were worth $3,956,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. FMR LLC grew its stake in shares of Barclays by 11.6% in the third quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock worth $78,149,000 after purchasing an additional 667,498 shares during the last quarter. Natixis Advisors LLC grew its stake in shares of Barclays by 39.5% in the fourth quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider’s stock worth $66,117,000 after purchasing an additional 1,409,948 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Barclays in the fourth quarter worth $59,373,000. Public Employees Retirement System of Ohio bought a new stake in Barclays during the third quarter valued at $52,335,000. Finally, Todd Asset Management LLC boosted its position in Barclays by 0.5% during the fourth quarter. Todd Asset Management LLC now owns 3,484,974 shares of the financial services provider’s stock valued at $46,315,000 after acquiring an additional 18,854 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Barclays Price Performance

BCS stock opened at $16.09 on Wednesday. The stock has a market capitalization of $57.83 billion, a PE ratio of 8.74, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38. The company’s 50-day moving average is $14.89 and its 200-day moving average is $13.50. 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 PLC has a 1 year low of $8.95 and a 1 year high of $16.33.

Barclays (NYSE:BCS) last released its quarterly earnings data 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 net margin of 20.81% and a return on equity of 7.74%. Equities research analysts expect that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have commented on BCS. StockNews.com cut shares of Barclays from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. BNP Paribas raised shares of Barclays from a “neutral” rating to an “outperform” rating in a research report on Tuesday, March 4th. One investment 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, Barclays presently 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.