Brandes Investment Partners LP Has $16.80 Million Stock Holdings in Barclays PLC (NYSE:BCS)

Brandes Investment Partners LP decreased its holdings in shares of Barclays PLC (NYSE:BCS) by 7.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,264,409 shares of the financial services provider’s stock after selling 108,223 shares during the period. Brandes Investment Partners LP’s holdings in Barclays were worth $16,804,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new position in Barclays during the fourth quarter worth $26,000. Activest Wealth Management acquired a new position in Barclays during the fourth quarter worth $33,000. Sierra Ocean LLC acquired a new position in Barclays during the fourth quarter worth $38,000. Versant Capital Management Inc acquired a new position in Barclays during the fourth quarter worth $44,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of Barclays by 36.8% in the fourth quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 1,011 shares during the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of BCS stock opened at $15.71 on Friday. Barclays PLC has a one year low of $8.95 and a one year high of $16.33. The firm has a 50-day moving average of $14.79 and a 200-day moving average of $13.43. 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 company has a market cap of $56.62 billion, a P/E ratio of 8.54, a P/E/G ratio of 0.39 and a beta of 1.38.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) 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%. Equities research analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Investors of record on Friday, February 28th will be issued a dividend of $0.2737 per share. This represents a yield of 2.7%. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio (DPR) is 28.80%.

Wall Street Analysts Forecast Growth

BCS has been the subject of several analyst reports. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th. StockNews.com downgraded shares of Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Barclays 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.