GeoWealth Management LLC Has $1.04 Million Stock Position in Barclays PLC (NYSE:BCS)

GeoWealth Management LLC lessened its stake in Barclays PLC (NYSE:BCS) by 1.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,381 shares of the financial services provider’s stock after selling 1,159 shares during the quarter. GeoWealth Management LLC’s holdings in Barclays were worth $1,042,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Henry James International Management Inc. acquired a new stake in shares of Barclays in the fourth quarter valued at approximately $438,000. ABC Arbitrage SA acquired a new stake in shares of Barclays in the 4th quarter valued at $21,514,000. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Barclays during the fourth quarter worth $599,000. Allspring Global Investments Holdings LLC lifted its stake in shares of Barclays by 3,073.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 689,413 shares of the financial services provider’s stock valued at $9,052,000 after acquiring an additional 667,687 shares during the period. Finally, Neuberger Berman Group LLC boosted its holdings in Barclays by 51.0% in the fourth quarter. Neuberger Berman Group LLC now owns 579,964 shares of the financial services provider’s stock valued at $7,708,000 after acquiring an additional 195,825 shares during the last quarter. 3.39% of the stock is owned by institutional investors.

Barclays Stock Up 0.9 %

Shares of NYSE BCS opened at $14.69 on Friday. The firm has a 50 day moving average price of $15.09 and a 200 day moving average price of $13.97. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market cap of $52.60 billion, a P/E ratio of 7.98, a P/E/G ratio of 0.39 and a beta of 1.11. Barclays PLC has a 52-week low of $9.40 and a 52-week high of $16.34.

Barclays (NYSE:BCS) last announced its quarterly earnings results 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%. Analysts expect that Barclays PLC will post 2 EPS for the current year.

Barclays Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Friday, February 28th were paid a $0.2737 dividend. The ex-dividend date of this dividend was 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 presently 29.89%.

Analyst Ratings Changes

A number of research firms have issued reports on BCS. BNP Paribas upgraded shares of 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 research note on Thursday, February 27th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Barclays has an average 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.