Barclays PLC (NYSE:BCS) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 14.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,063,126 shares of the financial services provider's stock after purchasing an additional 391,899 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.08% of Barclays worth $40,709,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. American Century Companies Inc. increased its position in Barclays by 9.8% during the 4th quarter. American Century Companies Inc. now owns 5,635,864 shares of the financial services provider's stock valued at $74,901,000 after buying an additional 505,351 shares in the last quarter. Natixis Advisors LLC boosted its stake in Barclays by 39.5% in the 4th quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider's stock worth $66,117,000 after purchasing an additional 1,409,948 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Barclays during the 4th quarter worth approximately $59,373,000. Todd Asset Management LLC raised its holdings in shares of 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 worth $46,315,000 after buying an additional 18,854 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Barclays by 6.5% during the fourth quarter. Sei Investments Co. now owns 3,270,195 shares of the financial services provider's stock worth $43,461,000 after buying an additional 198,724 shares during the period. 3.39% of the stock is currently owned by institutional investors.

Remove Ads

Barclays Stock Performance

Shares of Barclays stock traded up $0.43 during trading on Tuesday, hitting $14.70. 18,617,578 shares of the company's stock were exchanged, compared to its average volume of 14,740,747. Barclays PLC has a 52-week low of $8.95 and a 52-week high of $16.34. 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 capitalization of $52.64 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 0.39 and a beta of 1.11. The business has a 50-day simple moving average of $15.13 and a 200-day simple moving average of $13.91.

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

Barclays Increases Dividend

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

Wall Street Analyst Weigh In

BCS has been the subject of a number of research analyst reports. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a research note on Tuesday, March 4th. StockNews.com cut 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

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.