First National Trust Co Buys 80,580 Shares of Barclays PLC (NYSE:BCS)

First National Trust Co raised its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 69.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,203 shares of the financial services provider's stock after acquiring an additional 80,580 shares during the period. First National Trust Co's holdings in Barclays were worth $2,608,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Brooklyn Investment Group purchased a new position in Barclays during the 4th quarter valued at about $26,000. Activest Wealth Management purchased a new position in shares of Barclays during the fourth quarter worth about $33,000. Sierra Ocean LLC purchased a new position in shares of Barclays during the fourth quarter worth about $38,000. Versant Capital Management Inc purchased a new position in shares of Barclays during the fourth quarter worth about $44,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of Barclays by 36.8% during the fourth quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider's stock worth $50,000 after purchasing an additional 1,011 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors.

Barclays Price Performance

NYSE:BCS traded up $0.10 during mid-day trading on Wednesday, reaching $16.16. The stock had a trading volume of 14,276,778 shares, compared to its average volume of 14,618,288. The firm has a 50 day moving average price of $14.89 and a two-hundred day moving average price of $13.50. The stock has a market capitalization of $58.09 billion, a P/E ratio of 8.78, a P/E/G 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 $16.33. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29.

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

Barclays Increases Dividend

The business 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a yield of 2.7%. This is an increase from Barclays's previous semi-annual dividend of $0.27. Barclays's payout ratio is presently 28.80%.

Analyst Upgrades and Downgrades

BCS has been the subject of several recent analyst reports. BNP Paribas raised Barclays from a "neutral" rating to an "outperform" rating in a report on Tuesday, March 4th. StockNews.com downgraded Barclays from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Barclays currently 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.