Brandes Investment Partners LP Has $16.80 Million Stock Holdings in Barclays PLC (NYSE:BCS)

Brandes Investment Partners LP lowered its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 7.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,264,409 shares of the financial services provider's stock after selling 108,223 shares during the quarter. Brandes Investment Partners LP's holdings in Barclays were worth $16,804,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of Barclays in the 4th quarter valued at $59,373,000. Public Employees Retirement System of Ohio bought a new position in shares of Barclays in the 3rd quarter valued at $52,335,000. Natixis Advisors LLC lifted its stake in shares of Barclays by 286.1% in the 3rd quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider's stock valued at $43,315,000 after acquiring an additional 2,641,608 shares during the last quarter. ABC Arbitrage SA bought a new position in shares of Barclays in the 4th quarter valued at $21,514,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Barclays by 3,073.2% in the 4th 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 last quarter. Institutional investors and hedge funds own 3.39% of the company's stock.

Barclays Trading Up 0.6 %

NYSE:BCS traded up $0.10 during trading hours on Wednesday, hitting $16.16. 14,276,778 shares of the company were exchanged, compared to its average volume of 14,618,288. The stock has a market capitalization of $58.09 billion, a price-to-earnings ratio of 8.78, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. Barclays PLC has a one year low of $8.95 and a one year high of $16.33. The company has a fifty day simple moving average of $14.89 and a 200 day simple moving average of $13.50.

Remove Ads

Barclays (NYSE:BCS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share 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 expect that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, February 28th will be given a $0.2737 dividend. 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. This represents a dividend yield of 2.7%. Barclays's dividend payout ratio (DPR) is 28.80%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a research note on Tuesday, March 4th. StockNews.com lowered Barclays from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy".

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.