Sei Investments Co. grew its position in Barclays PLC (NYSE:BCS) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,270,195 shares of the financial services provider’s stock after purchasing an additional 198,724 shares during the period. Sei Investments Co.’s holdings in Barclays were worth $43,461,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Brooklyn Investment Group acquired a new position in Barclays in the 4th quarter worth approximately $26,000. Activest Wealth Management purchased a new stake in shares of Barclays in the 4th quarter valued at $33,000. Sierra Ocean LLC acquired a new stake in shares of Barclays in the fourth quarter worth $38,000. TD Private Client Wealth LLC raised its holdings in shares of Barclays by 135.5% during the fourth quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 1,678 shares during the last quarter. Finally, Versant Capital Management Inc purchased a new position in shares of Barclays during the 4th quarter valued at about $44,000. 3.39% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
BCS has been the topic of several analyst reports. BNP Paribas raised Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th. StockNews.com cut shares of Barclays from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. One 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 stock currently has a consensus rating of “Moderate Buy”.
Barclays Price Performance
NYSE:BCS opened at $16.03 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. Barclays PLC has a 52 week low of $8.95 and a 52 week high of $16.33. The stock’s 50-day moving average price is $15.13 and its 200-day moving average price is $13.62. The stock has a market capitalization of $57.64 billion, a PE ratio of 8.71, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38.
Barclays (NYSE:BCS – Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. As a group, equities 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. Shareholders of record on Friday, February 28th will be given a dividend of $0.2737 per share. 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. This represents a yield of 2.7%. Barclays’s dividend payout ratio is currently 28.80%.
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.
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