Allspring Global Investments Holdings LLC Has $9.05 Million Position in Barclays PLC (NYSE:BCS)

Allspring Global Investments Holdings LLC boosted its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 3,073.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 689,413 shares of the financial services provider's stock after purchasing an additional 667,687 shares during the period. Allspring Global Investments Holdings LLC's holdings in Barclays were worth $9,052,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Certuity LLC increased its position in Barclays by 11.0% in the 4th quarter. Certuity LLC now owns 11,435 shares of the financial services provider's stock valued at $152,000 after acquiring an additional 1,134 shares in the last quarter. Savant Capital LLC grew its stake in shares of Barclays by 30.3% during the fourth quarter. Savant Capital LLC now owns 18,093 shares of the financial services provider's stock valued at $240,000 after purchasing an additional 4,212 shares during the last quarter. Activest Wealth Management acquired a new stake in shares of Barclays in the fourth quarter valued at approximately $33,000. Entropy Technologies LP acquired a new position in Barclays during the 4th quarter worth $141,000. Finally, Apollon Wealth Management LLC lifted its holdings in Barclays by 21.4% during the 4th quarter. Apollon Wealth Management LLC now owns 14,351 shares of the financial services provider's stock worth $191,000 after buying an additional 2,525 shares in the last quarter. Institutional investors and hedge funds own 3.39% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Barclays from a "strong-buy" rating to a "buy" rating in a research report on Thursday, January 16th.

Barclays Trading Down 1.2 %

NYSE BCS traded down $0.19 during trading hours on Thursday, hitting $15.19. The company's stock had a trading volume of 11,589,017 shares, compared to its average volume of 16,109,035. The stock has a fifty day moving average of $14.07 and a 200 day moving average of $12.98. 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 twelve month low of $8.29 and a twelve month high of $15.65. The firm has a market capitalization of $54.75 billion, a P/E ratio of 8.25, a PEG ratio of 0.42 and a beta of 1.41.

Barclays (NYSE:BCS - Get Free Report) last posted 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%. Equities research analysts forecast that Barclays PLC will post 1.97 earnings per share for the current fiscal year.

Barclays Increases Dividend

The business also recently announced 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 is a positive change from Barclays's previous semi-annual dividend of $0.27. This represents a dividend yield of 2.7%. The ex-dividend date is Friday, February 28th. Barclays's payout ratio is presently 16.30%.

About Barclays

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.