Neuberger Berman Group LLC Has $7.71 Million Stock Position in Barclays PLC (NYSE:BCS)

Neuberger Berman Group LLC increased its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 51.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 579,964 shares of the financial services provider's stock after buying an additional 195,825 shares during the quarter. Neuberger Berman Group LLC's holdings in Barclays were worth $7,708,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brooklyn Investment Group bought a new stake in Barclays during the 4th quarter worth approximately $26,000. Activest Wealth Management bought a new position in Barclays in the fourth quarter valued at $33,000. Sierra Ocean LLC acquired a new position in shares of Barclays during the 4th quarter worth about $38,000. TD Private Client Wealth LLC increased its position in shares of Barclays by 135.5% in the fourth quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider's stock valued at $39,000 after acquiring an additional 1,678 shares during the last quarter. Finally, Versant Capital Management Inc acquired a new position in Barclays during the fourth quarter valued at approximately $44,000. 3.39% of the stock is currently owned by institutional investors.

Barclays Stock Performance

Shares of BCS stock traded up $0.43 during midday trading on Tuesday, hitting $14.70. 18,617,300 shares of the company were exchanged, compared to its average volume of 14,740,746. Barclays PLC has a 52 week low of $8.95 and a 52 week high of $16.34. The firm has a market capitalization of $52.64 billion, a P/E ratio of 7.99, a PEG ratio of 0.39 and a beta of 1.11. The firm's 50 day moving average price is $15.13 and its two-hundred day moving average price is $13.91. 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 posted 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, equities research analysts anticipate that Barclays PLC will post 2 earnings per share for the current year.

Barclays Increases Dividend

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BCS shares. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a research note on Tuesday, March 4th. StockNews.com lowered shares of Barclays from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average 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.