Sei Investments Co. Purchases 198,724 Shares of Barclays PLC (NYSE:BCS)

Sei Investments Co. boosted its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 6.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,270,195 shares of the financial services provider's stock after acquiring an additional 198,724 shares during the quarter. Sei Investments Co. owned approximately 0.09% of Barclays worth $43,461,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Lindbrook Capital LLC lifted its holdings in Barclays by 7.7% during the 4th quarter. Lindbrook Capital LLC now owns 9,476 shares of the financial services provider's stock worth $126,000 after buying an additional 674 shares in the last quarter. Choreo LLC lifted its stake in shares of Barclays by 1.7% during the fourth quarter. Choreo LLC now owns 46,860 shares of the financial services provider's stock valued at $623,000 after acquiring an additional 802 shares during the period. Lake Street Advisors Group LLC boosted its holdings in Barclays by 2.2% in the fourth quarter. Lake Street Advisors Group LLC now owns 40,500 shares of the financial services provider's stock valued at $538,000 after acquiring an additional 880 shares during the last quarter. M&T Bank Corp increased its position in Barclays by 4.7% in the third quarter. M&T Bank Corp now owns 20,568 shares of the financial services provider's stock worth $250,000 after purchasing an additional 918 shares during the period. Finally, Pzena Investment Management LLC raised its holdings in Barclays by 1.1% during the 4th quarter. Pzena Investment Management LLC now owns 86,226 shares of the financial services provider's stock worth $1,146,000 after purchasing an additional 924 shares during the last quarter. 3.39% of the stock is owned by institutional investors.

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Barclays Trading Down 2.9 %

NYSE:BCS traded down $0.47 on Friday, reaching $15.42. The company's stock had a trading volume of 14,271,066 shares, compared to its average volume of 14,832,257. The firm has a market cap of $55.43 billion, a PE ratio of 8.38, a PEG ratio of 0.39 and a beta of 1.38. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. The business's 50-day moving average price is $15.29 and its two-hundred day moving average price is $13.71. Barclays PLC has a 1-year low of $8.95 and a 1-year high of $16.34.

Barclays (NYSE:BCS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.15. Barclays had a net margin of 20.81% and a return on equity of 7.74%. Equities research analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be given a dividend of $0.2737 per share. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Barclays's previous semi-annual dividend of $0.27. This represents a yield of 2.7%. Barclays's payout ratio is 29.89%.

Analysts Set New Price Targets

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

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.