Sanctuary Advisors LLC Makes New $1.09 Million Investment in Barclays PLC (NYSE:BCS)

Sanctuary Advisors LLC bought a new stake in Barclays PLC (NYSE:BCS - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 104,579 shares of the financial services provider's stock, valued at approximately $1,090,000.

A number of other large investors have also added to or reduced their stakes in the company. Rothschild Investment LLC acquired a new stake in shares of Barclays in the 2nd quarter worth $30,000. EverSource Wealth Advisors LLC boosted its holdings 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 worth $37,000 after acquiring an additional 1,524 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Barclays by 51.7% during the first quarter. GAMMA Investing LLC now owns 4,411 shares of the financial services provider's stock worth $42,000 after acquiring an additional 1,503 shares during the last quarter. EntryPoint Capital LLC acquired a new position in shares of Barclays during the first quarter valued at about $48,000. Finally, Blue Trust Inc. raised its position in shares of Barclays by 452.5% in the 2nd quarter. Blue Trust Inc. now owns 6,304 shares of the financial services provider's stock valued at $68,000 after purchasing an additional 5,163 shares during the last quarter. 3.39% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BCS. Kepler Capital Markets initiated coverage on shares of Barclays in a report on Thursday, September 5th. They set a "buy" rating on the stock. The Goldman Sachs Group initiated coverage on Barclays in a research note on Tuesday. They issued a "buy" rating for the company. Finally, StockNews.com upgraded Barclays from a "hold" rating to a "buy" rating in a research report on Tuesday, July 9th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Barclays Stock Performance

NYSE BCS traded up $0.19 on Friday, reaching $12.45. 9,245,409 shares of the company's stock traded hands, compared to its average volume of 14,947,418. The stock has a 50 day moving average price of $11.84 and a 200-day moving average price of $11.08. The firm has a market cap of $45.58 billion, a price-to-earnings ratio of 9.36, a P/E/G ratio of 0.68 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 PLC has a fifty-two week low of $6.23 and a fifty-two week high of $12.49.

Barclays (NYSE:BCS - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. The business had revenue of $7.98 billion during the quarter. Barclays had a return on equity of 5.94% and a net margin of 16.83%. During the same period last year, the firm earned $0.43 EPS. Equities research analysts predict that Barclays PLC will post 1.63 EPS for the current fiscal year.

Barclays Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 16th were issued a dividend of $0.2684 per share. This represents a dividend yield of 3.6%. This is a positive change from Barclays's previous semi-annual dividend of $0.27. The ex-dividend date of this dividend was Friday, August 16th. Barclays's payout ratio is 22.56%.

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.