11,903 Shares in Barclays PLC (NYSE:BCS) Bought by Five Oceans Advisors

Five Oceans Advisors bought a new position in shares of Barclays PLC (NYSE:BCSGet Rating) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,903 shares of the financial services provider’s stock, valued at approximately $90,000.

A number of other institutional investors also recently bought and sold shares of the business. Bank of Montreal Can lifted its holdings in shares of Barclays by 0.8% in the 4th quarter. Bank of Montreal Can now owns 341,356 shares of the financial services provider’s stock valued at $3,543,000 after purchasing an additional 2,762 shares during the last quarter. Allianz Asset Management GmbH acquired a new stake in shares of Barclays in the 4th quarter worth approximately $255,000. Eagle Asset Management Inc. grew its holdings in shares of Barclays by 4.5% in the 4th quarter. Eagle Asset Management Inc. now owns 42,956 shares of the financial services provider’s stock worth $445,000 after acquiring an additional 1,859 shares during the period. People s United Financial Inc. acquired a new stake in Barclays during the 4th quarter valued at $652,000. Finally, Rockefeller Capital Management L.P. grew its holdings in Barclays by 3,350.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 369,923 shares of the financial services provider’s stock valued at $3,827,000 after buying an additional 359,203 shares during the last quarter. 3.47% of the stock is owned by hedge funds and other institutional investors.

Barclays Stock Down 4.5 %

NYSE BCS traded down $0.34 during trading hours on Friday, hitting $7.19. The company had a trading volume of 380,908 shares, compared to its average volume of 6,281,171. Barclays PLC has a fifty-two week low of $6.88 and a fifty-two week high of $12.20. The company has a market capitalization of $30.06 billion, a price-to-earnings ratio of 4.92, a P/E/G ratio of 0.15 and a beta of 1.29. The company has a debt-to-equity ratio of 5.42, a current ratio of 1.40 and a quick ratio of 1.39. The firm’s 50 day moving average is $7.90 and its 200 day moving average is $7.96.

Barclays (NYSE:BCSGet Rating) last issued its earnings results on Thursday, July 28th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.07). The business had revenue of $8.43 billion during the quarter, compared to the consensus estimate of $7.77 billion. Barclays had a return on equity of 6.86% and a net margin of 21.25%. Sell-side analysts anticipate that Barclays PLC will post 1.62 earnings per share for the current fiscal year.

Barclays Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, September 16th. Shareholders of record on Friday, August 12th were given a $0.2094 dividend. The ex-dividend date of this dividend was Thursday, August 11th. This represents a yield of 4%. Barclays’s dividend payout ratio (DPR) is 13.07%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. increased their price target on Barclays from GBX 190 ($2.30) to GBX 200 ($2.42) in a research note on Wednesday, September 7th. Credit Suisse Group reduced their price target on Barclays from GBX 245 ($2.96) to GBX 240 ($2.90) and set an “outperform” rating on the stock in a research note on Monday, August 1st. Deutsche Bank Aktiengesellschaft increased their price target on Barclays from GBX 210 ($2.54) to GBX 230 ($2.78) and gave the stock a “hold” rating in a research note on Monday, August 1st. Finally, StockNews.com lowered Barclays from a “buy” rating to a “hold” rating in a research note on Friday, September 2nd. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $230.00.

Barclays Company Profile

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Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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