TT Capital Management LLC Purchases Shares of 157,442 Barclays PLC (NYSE:BCS)

TT Capital Management LLC purchased a new position in Barclays PLC (NYSE:BCS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 157,442 shares of the financial services provider's stock, valued at approximately $2,199,000. Barclays accounts for about 1.8% of TT Capital Management LLC's investment portfolio, making the stock its 14th biggest position.

Several other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group bought a new stake in shares of Barclays in the fourth quarter valued at $26,000. Activest Wealth Management purchased a new stake in Barclays in the 4th quarter worth about $33,000. Sierra Ocean LLC bought a new stake in Barclays in the 4th quarter valued at about $38,000. TD Private Client Wealth LLC lifted its holdings in 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 purchasing an additional 1,678 shares during the last quarter. Finally, Versant Capital Management Inc bought a new position in Barclays during the fourth quarter worth about $44,000. Hedge funds and other institutional investors own 3.39% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on BCS shares. StockNews.com lowered shares of 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 research report on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy".

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Barclays Price Performance

Shares of 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. Barclays PLC has a one year low of $8.95 and a one year high of $16.34. The firm has a market cap of $52.64 billion, a P/E ratio of 7.99, a PEG ratio of 0.39 and a beta of 1.11. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29. The stock has a 50-day moving average of $15.12 and a 200-day moving average of $13.91.

Barclays (NYSE:BCS - Get Free Report) last posted its earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share for the quarter, topping 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, sell-side analysts predict that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Friday, February 28th were paid a dividend of $0.2737 per share. This is a positive change from Barclays's previous semi-annual dividend of $0.27. The ex-dividend date of this dividend was Friday, February 28th. This represents a yield of 2.7%. Barclays's dividend payout ratio (DPR) is currently 29.89%.

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.