EverSource Wealth Advisors LLC Grows Stock Holdings in Barclays PLC (NYSE:BCS)

EverSource Wealth Advisors LLC boosted its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 362.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,952 shares of the financial services provider's stock after purchasing an additional 16,418 shares during the quarter. EverSource Wealth Advisors LLC's holdings in Barclays were worth $278,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in BCS. Brooklyn Investment Group bought a new stake in shares of Barclays during the fourth quarter valued at approximately $26,000. Activest Wealth Management bought a new stake in Barclays in the 4th quarter valued at $33,000. Sierra Ocean LLC purchased a new stake in Barclays in the 4th quarter worth $38,000. Versant Capital Management Inc bought a new position in shares of Barclays during the 4th quarter valued at about $44,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Barclays during the fourth quarter valued at about $71,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BCS. StockNews.com lowered shares of Barclays from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a report on Tuesday, March 4th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Remove Ads

Barclays Trading Up 0.6 %

Shares of BCS stock traded up $0.10 during trading hours on Wednesday, reaching $16.16. 14,269,750 shares of the stock were exchanged, compared to its average volume of 14,618,288. The firm 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. Barclays PLC has a 12-month low of $8.95 and a 12-month high of $16.33. The company's 50-day moving average price is $14.89 and its 200-day moving average price is $13.50. 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 (NYSE:BCS - Get Free Report) last announced its earnings results 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%. As a group, equities analysts anticipate that Barclays PLC will post 2 earnings per share for the current year.

Barclays Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be given a $0.2737 dividend. This represents a yield of 2.7%. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from Barclays's previous semi-annual dividend of $0.27. Barclays's dividend payout ratio is 28.80%.

Barclays 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.