26,753 Shares in Barclays PLC (NYSE:BCS) Acquired by Denali Advisors LLC

Denali Advisors LLC bought a new position in Barclays PLC (NYSE:BCS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 26,753 shares of the financial services provider’s stock, valued at approximately $356,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BCS. Brooklyn Investment Group bought a new stake in shares of Barclays in the 4th quarter worth approximately $26,000. Activest Wealth Management bought a new stake in shares of Barclays in the 4th quarter worth approximately $33,000. Sierra Ocean LLC bought a new stake in shares of Barclays in the 4th quarter worth approximately $38,000. Versant Capital Management Inc bought a new stake in shares of Barclays in the 4th quarter worth approximately $44,000. Finally, Global Retirement Partners LLC raised its holdings in shares of Barclays by 290.8% in the 4th quarter. Global Retirement Partners LLC now owns 6,413 shares of the financial services provider’s stock worth $85,000 after purchasing an additional 4,772 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors.

Barclays Stock Down 0.5 %

BCS stock opened at $15.70 on Friday. Barclays PLC has a 12-month low of $8.37 and a 12-month high of $16.02. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. The company has a market cap of $56.59 billion, a price-to-earnings ratio of 8.53, a PEG ratio of 0.39 and a beta of 1.40. The company has a 50 day moving average of $14.28 and a two-hundred day moving average of $13.14.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 EPS 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%. On average, equities analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

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

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Barclays from a “buy” rating to a “hold” rating in a report on Thursday.

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.