Callan Capital LLC raised its holdings in Barclays PLC (NYSE:BCS) by 5.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,930 shares of the financial services provider’s stock after purchasing an additional 1,013 shares during the quarter. Callan Capital LLC’s holdings in Barclays were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group acquired a new stake in shares of Barclays during the 4th quarter valued at approximately $26,000. Activest Wealth Management acquired a new stake in shares of Barclays during the 4th quarter valued at approximately $33,000. Sierra Ocean LLC acquired a new stake in shares of Barclays during the 4th quarter valued at approximately $38,000. Versant Capital Management Inc acquired a new stake in shares of Barclays during the 4th quarter valued at approximately $44,000. Finally, Global Retirement Partners LLC lifted its position in shares of Barclays by 290.8% during the 4th quarter. Global Retirement Partners LLC now owns 6,413 shares of the financial services provider’s stock valued at $85,000 after acquiring an additional 4,772 shares during the period. 3.39% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded shares of Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th.
Barclays Trading Down 0.0 %
Shares of Barclays stock opened at $15.17 on Friday. 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 $8.32 and a 1 year high of $15.65. The company has a market capitalization of $54.68 billion, a P/E ratio of 8.24, a P/E/G ratio of 0.39 and a beta of 1.41. The business has a 50 day moving average price of $14.10 and a 200 day moving average price of $13.03.
Barclays (NYSE:BCS – Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping 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%. Sell-side analysts anticipate that Barclays PLC will post 2 EPS for the current fiscal year.
Barclays Increases Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be paid 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 positive change from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio is currently 16.30%.
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.
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