American Century Companies Inc. increased its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,635,864 shares of the financial services provider's stock after purchasing an additional 505,351 shares during the period. American Century Companies Inc. owned 0.16% of Barclays worth $74,901,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BCS. FMR LLC lifted its holdings in Barclays by 11.6% during the 3rd quarter. FMR LLC now owns 6,432,007 shares of the financial services provider's stock worth $78,149,000 after buying an additional 667,498 shares in the last quarter. Natixis Advisors LLC lifted its position in Barclays by 39.5% during the 4th quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider's stock worth $66,117,000 after acquiring an additional 1,409,948 shares during the period. Raymond James Financial Inc. purchased a new position in Barclays in the 4th quarter valued at $59,373,000. Public Employees Retirement System of Ohio acquired a new position in shares of Barclays during the third quarter worth about $52,335,000. Finally, Todd Asset Management LLC lifted its holdings in Barclays by 0.5% in 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 period. Hedge funds and other institutional investors own 3.39% of the company's stock.
Barclays Stock Performance
Shares of NYSE:BCS traded down $0.47 during trading on Friday, hitting $15.42. 14,271,066 shares of the company traded hands, compared to its average volume of 14,832,257. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. The business's fifty day moving average is $15.27 and its 200-day moving average is $13.68. The stock has a market capitalization of $55.43 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 0.39 and a beta of 1.38. Barclays PLC has a one year low of $8.95 and a one year high of $16.34.
Barclays (NYSE:BCS - Get Free Report) last released its earnings results 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 net margin of 20.81% and a return on equity of 7.74%. As a group, equities analysts predict that Barclays PLC will post 2 earnings per share 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 issued a dividend of $0.2737 per share. This is a positive change from Barclays's previous semi-annual dividend of $0.27. The ex-dividend date is Friday, February 28th. This represents a dividend yield of 2.7%. Barclays's dividend payout ratio is currently 29.89%.
Analyst Ratings Changes
Several research firms have weighed in on BCS. StockNews.com lowered Barclays from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. BNP Paribas raised shares of Barclays from a "neutral" rating to an "outperform" rating in a research note on Tuesday, March 4th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".
Check Out Our Latest Stock Report on BCS
Barclays Company Profile
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Free Report)
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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