Squarepoint Ops LLC Purchases 73,719 Shares of Barclays PLC (NYSE:BCS)

Squarepoint Ops LLC increased its stake in Barclays PLC (NYSE:BCS - Free Report) by 636.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 85,310 shares of the financial services provider's stock after purchasing an additional 73,719 shares during the period. Squarepoint Ops LLC's holdings in Barclays were worth $914,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Rothschild Investment LLC bought a new stake in Barclays during the second quarter worth $30,000. EverSource Wealth Advisors LLC boosted its stake in Barclays by 71.8% in the first quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider's stock valued at $37,000 after buying an additional 1,524 shares in the last quarter. GAMMA Investing LLC grew its position in Barclays by 51.7% in the first quarter. GAMMA Investing LLC now owns 4,411 shares of the financial services provider's stock valued at $42,000 after acquiring an additional 1,503 shares during the last quarter. EntryPoint Capital LLC acquired a new position in Barclays during the first quarter worth about $48,000. Finally, Blue Trust Inc. lifted its holdings in shares of Barclays by 452.5% in the second quarter. Blue Trust Inc. now owns 6,304 shares of the financial services provider's stock worth $68,000 after acquiring an additional 5,163 shares during the last quarter. Institutional investors and hedge funds own 3.39% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on BCS. Kepler Capital Markets began coverage on shares of Barclays in a report on Thursday, September 5th. They set a "buy" rating on the stock. StockNews.com raised shares of Barclays from a "hold" rating to a "buy" rating in a research note on Tuesday, July 9th.

Barclays Trading Up 0.4 %

Shares of BCS traded up $0.05 during mid-day trading on Monday, reaching $12.12. 10,427,768 shares of the company were exchanged, compared to its average volume of 15,091,303. The business has a 50 day simple moving average of $11.77 and a two-hundred day simple moving average of $11.00. Barclays PLC has a 52 week low of $6.23 and a 52 week high of $12.49. The stock has a market capitalization of $44.91 billion, a PE ratio of 9.04, a PEG ratio of 0.66 and a beta of 1.42. The company has a debt-to-equity ratio of 5.98, a quick ratio of 1.39 and a current ratio of 1.39.

Barclays (NYSE:BCS - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. Barclays had a net margin of 16.83% and a return on equity of 5.94%. The firm had revenue of $7.98 billion during the quarter. During the same quarter in the previous year, the business posted $0.43 EPS. On average, analysts predict that Barclays PLC will post 1.68 earnings per share for the current fiscal year.

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 16th were issued a dividend of $0.2684 per share. This is an increase from Barclays's previous semi-annual dividend of $0.27. This represents a yield of 3.6%. The ex-dividend date was Friday, August 16th. Barclays's dividend payout ratio (DPR) is presently 21.64%.

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.