Dimensional Fund Advisors LP Cuts Stock Holdings in Barclays PLC (NYSE:BCS)

Dimensional Fund Advisors LP decreased its position in Barclays PLC (NYSE:BCS) by 5.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,587,028 shares of the financial services provider’s stock after selling 769,673 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.39% of Barclays worth $156,227,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BCS. Rothschild Investment LLC bought a new stake in Barclays in the 2nd quarter worth about $30,000. Principal Securities Inc. purchased a new position in shares of Barclays in the 4th quarter worth approximately $34,000. EverSource Wealth Advisors LLC grew its holdings in shares of Barclays by 71.8% in the first quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 1,524 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Barclays by 51.7% during the first quarter. GAMMA Investing LLC now owns 4,411 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 1,503 shares during the last quarter. Finally, EntryPoint Capital LLC bought a new stake in Barclays during the first quarter worth $48,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

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

Barclays Price Performance

Barclays stock opened at $12.22 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.98. The business’s 50 day simple moving average is $11.74 and its 200 day simple moving average is $10.77. Barclays PLC has a 12 month low of $6.23 and a 12 month high of $12.49. The company has a market cap of $45.28 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 0.63 and a beta of 1.43.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Barclays had a return on equity of 5.94% and a net margin of 16.83%. The firm had revenue of $7.98 billion for the quarter. During the same period in the prior year, the company earned $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 was paid on Friday, September 20th. Stockholders of record on Friday, August 16th were paid a $0.2684 dividend. This is an increase from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date was Friday, August 16th. This represents a dividend yield of 3.6%. Barclays’s dividend payout ratio (DPR) is presently 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.