Barclays PLC (NYSE:BCS) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC raised its stake in Barclays PLC (NYSE:BCS) by 190.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,661,086 shares of the financial services provider’s stock after acquiring an additional 2,402,500 shares during the period. Renaissance Technologies LLC owned 0.10% of Barclays worth $39,210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Acadian Asset Management LLC boosted its position in shares of Barclays by 1,362.1% in the 2nd quarter. Acadian Asset Management LLC now owns 19,682,115 shares of the financial services provider’s stock valued at $210,762,000 after purchasing an additional 18,335,937 shares during the period. Envestnet Asset Management Inc. lifted its stake in Barclays by 4.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,358,375 shares of the financial services provider’s stock valued at $25,258,000 after buying an additional 105,857 shares during the last quarter. Cubist Systematic Strategies LLC boosted its holdings in shares of Barclays by 231.3% in the fourth quarter. Cubist Systematic Strategies LLC now owns 2,323,096 shares of the financial services provider’s stock valued at $18,306,000 after acquiring an additional 1,621,896 shares during the period. National Bank of Canada FI grew its position in shares of Barclays by 6,028.3% during the first quarter. National Bank of Canada FI now owns 1,718,379 shares of the financial services provider’s stock worth $16,239,000 after acquiring an additional 1,690,339 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Barclays by 6.5% in the 2nd quarter. American Century Companies Inc. now owns 1,710,276 shares of the financial services provider’s stock valued at $18,317,000 after acquiring an additional 104,617 shares during the period. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Price Performance

Shares of NYSE BCS opened at $11.95 on Thursday. The stock has a fifty day moving average price of $11.71 and a 200 day moving average price of $10.73. Barclays PLC has a 1-year low of $6.23 and a 1-year high of $12.49. The company has a debt-to-equity ratio of 5.98, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $44.28 billion, a PE ratio of 8.92, a P/E/G ratio of 0.63 and a beta of 1.43.

Barclays (NYSE:BCS) last released its earnings results on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02. Barclays had a net margin of 16.83% and a return on equity of 5.94%. The company had revenue of $7.98 billion during the quarter. During the same quarter last year, the business posted $0.43 EPS. Sell-side analysts forecast that Barclays PLC will post 1.68 EPS for the current year.

Barclays Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, September 20th. Shareholders of record on Friday, August 16th will be given a dividend of $0.2684 per share. This is a boost from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date is Friday, August 16th. This represents a yield of 3.6%. Barclays’s payout ratio is presently 21.64%.

Analyst Ratings Changes

Several brokerages have issued reports on BCS. StockNews.com raised shares of Barclays from a “hold” rating to a “buy” rating in a research report on Tuesday, July 9th. Kepler Capital Markets started coverage on Barclays in a report on Thursday, September 5th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat, Barclays currently has an average rating of “Moderate Buy”.

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.