XTX Topco Ltd Raises Position in Barclays PLC (NYSE:BCS)

XTX Topco Ltd boosted its position in shares of Barclays PLC (NYSE:BCS) by 273.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,034 shares of the financial services provider’s stock after buying an additional 117,227 shares during the period. XTX Topco Ltd’s holdings in Barclays were worth $1,714,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in BCS. Principal Securities Inc. purchased a new stake in shares of Barclays during the fourth quarter worth approximately $34,000. BNP Paribas Financial Markets raised its position in shares of Barclays by 335.5% in the fourth quarter. BNP Paribas Financial Markets now owns 361,319 shares of the financial services provider’s stock valued at $2,847,000 after buying an additional 278,353 shares during the last quarter. Trexquant Investment LP purchased a new position in shares of Barclays in the fourth quarter worth about $4,840,000. Aigen Investment Management LP acquired a new position in Barclays during the fourth quarter worth about $223,000. Finally, US Bancorp DE grew its stake in Barclays by 14.3% during the 4th quarter. US Bancorp DE now owns 74,897 shares of the financial services provider’s stock valued at $590,000 after acquiring an additional 9,381 shares in the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

BCS has been the topic of a number of research reports. StockNews.com raised shares of Barclays from a “hold” rating to a “buy” rating in a research note on Tuesday, July 9th. Kepler Capital Markets started coverage on Barclays in a research note 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 issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Barclays Price Performance

Shares of BCS stock opened at $12.24 on Friday. 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 capitalization of $45.35 billion, a PE ratio of 9.13, a price-to-earnings-growth ratio of 0.63 and a beta of 1.43. The firm’s 50-day moving average is $11.73 and its two-hundred day moving average is $10.74. Barclays PLC has a 12 month low of $6.23 and a 12 month high of $12.49.

Barclays (NYSE:BCS) last released its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. The firm had revenue of $7.98 billion for the quarter. Barclays had a net margin of 16.83% and a return on equity of 5.94%. During the same period in the previous year, the firm posted $0.43 EPS. Analysts predict that Barclays PLC will post 1.68 earnings per share for the current year.

Barclays Increases Dividend

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

About Barclays

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.