DRW Securities LLC Buys 155,397 Shares of Barclays PLC (NYSE:BCS)

DRW Securities LLC grew its position in shares of Barclays PLC (NYSE:BCS - Free Report) by 1,090.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 169,649 shares of the financial services provider's stock after buying an additional 155,397 shares during the period. DRW Securities LLC's holdings in Barclays were worth $2,255,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BCS. Henry James International Management Inc. purchased a new position in Barclays in the 4th quarter valued at approximately $438,000. ABC Arbitrage SA purchased a new stake in Barclays during the 4th quarter worth about $21,514,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Barclays during the 4th quarter valued at about $599,000. Allspring Global Investments Holdings LLC increased its position 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 buying an additional 667,687 shares during the period. Finally, National Bank of Canada FI lifted its holdings in shares of Barclays by 77.3% in the fourth quarter. National Bank of Canada FI now owns 835,051 shares of the financial services provider's stock worth $11,098,000 after buying an additional 364,182 shares in the last quarter. Institutional investors own 3.39% of the company's stock.

Wall Street Analyst Weigh In

BCS has been the topic of several recent analyst reports. BNP Paribas upgraded shares of 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 note on Thursday, February 27th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

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Barclays Price Performance

NYSE:BCS traded up $0.30 during midday trading on Monday, hitting $14.24. The company had a trading volume of 5,565,249 shares, compared to its average volume of 14,701,721. 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 stock's fifty day moving average price is $15.14 and its 200-day moving average price is $13.89. Barclays PLC has a 52-week low of $8.95 and a 52-week high of $16.34. The company has a market capitalization of $51.20 billion, a PE ratio of 7.74, a P/E/G ratio of 0.39 and a beta of 1.11.

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

Barclays Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, February 28th were issued a $0.2737 dividend. This represents a yield of 2.7%. The ex-dividend date was Friday, February 28th. This is a positive change from Barclays's previous semi-annual dividend of $0.27. Barclays's dividend payout ratio (DPR) is 29.89%.

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.