Wealth Architects LLC Reduces Holdings in Barclays PLC (NYSE:BCS)

Wealth Architects LLC reduced its position in Barclays PLC (NYSE:BCS) by 4.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 24,507 shares of the financial services provider’s stock after selling 1,066 shares during the period. Wealth Architects LLC’s holdings in Barclays were worth $326,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC boosted its holdings in shares of Barclays by 5.9% in the 4th quarter. Signaturefd LLC now owns 75,139 shares of the financial services provider’s stock valued at $999,000 after purchasing an additional 4,183 shares during the last quarter. Twin Tree Management LP boosted its holdings in shares of Barclays by 34.5% in the 4th quarter. Twin Tree Management LP now owns 297,705 shares of the financial services provider’s stock valued at $3,956,000 after purchasing an additional 76,415 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Barclays by 1.8% in the 4th quarter. Corient Private Wealth LLC now owns 62,696 shares of the financial services provider’s stock valued at $833,000 after purchasing an additional 1,105 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Barclays by 9.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 65,593 shares of the financial services provider’s stock valued at $872,000 after purchasing an additional 5,781 shares during the last quarter. Finally, Natixis Advisors LLC boosted its holdings in shares of Barclays by 39.5% in the 4th quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider’s stock valued at $66,117,000 after purchasing an additional 1,409,948 shares during the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.

Barclays Stock Performance

NYSE:BCS opened at $15.71 on Monday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. The firm has a market capitalization of $56.47 billion, a price-to-earnings ratio of 8.54, a PEG ratio of 0.39 and a beta of 1.38. The firm’s fifty day simple moving average is $14.79 and its 200 day simple moving average is $13.45. Barclays PLC has a twelve month low of $8.95 and a twelve month high of $16.33.

Barclays (NYSE:BCS) last posted its earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share for the quarter, beating 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%. As a group, equities research analysts expect that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be issued a $0.2737 dividend. The ex-dividend date is Friday, February 28th. This represents a yield of 2.7%. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. Barclays’s payout ratio is currently 28.80%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on BCS shares. StockNews.com lowered shares of Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Barclays currently has an average rating of “Moderate Buy”.

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.