1 week Ago By ABMN Staff
JPMorgan Chase & Co. raised its position in shares of Barclays PLC ( NYSE:BCS ) by 59.8% in the fourth quarter, Holdings Channel.
com reports. The fund owned 1,307,141 shares of the financial services provider’s stock after acquiring an additional 489,281 shares during the quarter. JPMorgan Chase & Co.
’s holdings in Barclays were worth $17,372,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also made changes to their positions in the company. American Century Companies Inc.
raised its stake in Barclays by 9.8% in the 4th quarter. American Century Companies Inc.
now owns 5,635,864 shares of the financial services provider’s stock valued at $74,901,000 after purchasing an additional 505,351 shares during the last quarter. Natixis Advisors LLC raised its position in shares of Barclays by 39.5% in the fourth quarter.
Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider’s stock valued at $66,117,000 after buying an additional 1,409,948 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Barclays in the fourth quarter worth about $59,373,000.
Todd Asset Management LLC boosted its position in Barclays by 0.5% during the fourth quarter. Todd Asset Management LLC now owns 3,484,974 shares of the financial services provider’s stock worth $46,315,000 after acquiring an additional 18,854 shares during the last quarter.
Finally, Sei Investments Co. grew its stake in Barclays by 6.5% during the 4th quarter.
Sei Investments Co. now owns 3,270,195 shares of the financial services provider’s stock valued at $43,461,000 after acquiring an additional 198,724 shares in the last quarter. Hedge funds and other institutional investors own 3.
39% of the company’s stock. Barclays Price Performance Shares of BCS stock opened at $13.95 on Friday.
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 capitalization of $50.14 billion, a PE ratio of 7.
58, a price-to-earnings-growth ratio of 0.39 and a beta of 1.11.
The firm’s 50-day moving average is $15.14 and its two-hundred day moving average is $13.88.
Barclays PLC has a 12 month low of $8.95 and a 12 month high of $16.34.
Barclays Increases Dividend The firm also recently declared a semi-annual dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, February 28th were issued a dividend of $0.2737 per share.
The ex-dividend date of this dividend was Friday, February 28th. This is a boost from Barclays’s previous semi-annual dividend of $0.27.
This represents a dividend yield of 2.7%. Barclays’s dividend payout ratio is currently 29.
89%. Analyst Upgrades and Downgrades Several research analysts have recently weighed in on BCS shares. StockNews.
com cut Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. BNP Paribas raised Barclays from a “neutral” rating to an “outperform” rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company.
Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”. Check Out Our Latest Stock Report on Barclays Barclays Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding BCS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Barclays PLC ( NYSE:BCS – Free Report ). Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter .
.
