Stamos Capital Partners L.P. Sells 170,230 Shares of Barclays PLC (NYSE:BCS)

Stamos Capital Partners L.P. lessened its stake in Barclays PLC (NYSE:BCS - Free Report) by 34.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 321,200 shares of the financial services provider's stock after selling 170,230 shares during the period. Barclays comprises about 1.0% of Stamos Capital Partners L.P.'s holdings, making the stock its 26th largest holding. Stamos Capital Partners L.P.'s holdings in Barclays were worth $4,269,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of BCS. Brooklyn Investment Group purchased a new position in shares of Barclays in the fourth quarter worth $26,000. Activest Wealth Management bought a new stake in Barclays in the 4th quarter worth $33,000. Sierra Ocean LLC purchased a new position in shares of Barclays in the fourth quarter valued at about $38,000. TD Private Client Wealth LLC raised its stake in shares of Barclays by 135.5% during 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 purchased a new stake in shares of Barclays during the fourth quarter worth about $44,000. 3.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on BCS shares. StockNews.com lowered Barclays from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a report on Tuesday, March 4th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Barclays has an average rating of "Moderate Buy".

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Barclays Trading Up 3.0 %

Shares of NYSE BCS traded up $0.43 during midday trading on Tuesday, hitting $14.70. 18,617,578 shares of the company traded hands, compared to its average volume of 14,723,890. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. Barclays PLC has a 12-month low of $8.95 and a 12-month high of $16.34. The stock has a 50-day moving average price of $15.12 and a 200 day moving average price of $13.91. The firm has a market cap of $52.64 billion, a P/E ratio of 7.99, a P/E/G ratio of 0.39 and a beta of 1.11.

Barclays (NYSE:BCS - Get Free Report) last announced its earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm also recently declared a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Friday, February 28th were given a dividend of $0.2737 per share. This is a boost from Barclays's previous semi-annual dividend of $0.27. This represents a yield of 2.7%. The ex-dividend date was Friday, February 28th. Barclays's dividend payout ratio (DPR) is 29.89%.

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.