Atomi Financial Group Inc. Buys 12,755 Shares of Barclays PLC (NYSE:BCS)

Atomi Financial Group Inc. lifted its stake in Barclays PLC (NYSE:BCS) by 16.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 90,526 shares of the financial services provider’s stock after acquiring an additional 12,755 shares during the period. Atomi Financial Group Inc.’s holdings in Barclays were worth $1,100,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in shares of Barclays in the second quarter valued at approximately $30,000. EverSource Wealth Advisors LLC raised its holdings in Barclays by 71.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 1,524 shares during the period. GAMMA Investing LLC lifted its position in Barclays by 51.7% during the 1st quarter. GAMMA Investing LLC now owns 4,411 shares of the financial services provider’s stock worth $42,000 after acquiring an additional 1,503 shares during the last quarter. EntryPoint Capital LLC acquired a new position in Barclays during the 1st quarter worth $48,000. Finally, Blue Trust Inc. grew its position in shares of Barclays by 452.5% in the second quarter. Blue Trust Inc. now owns 6,304 shares of the financial services provider’s stock valued at $68,000 after purchasing an additional 5,163 shares during the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on BCS shares. The Goldman Sachs Group initiated coverage on Barclays in a research report on Tuesday. They set a “buy” rating for the company. Kepler Capital Markets initiated coverage on Barclays in a report on Thursday, September 5th. They set a “buy” rating for the company. Finally, StockNews.com upgraded shares of Barclays from a “hold” rating to a “buy” rating in a research note on Tuesday, July 9th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Barclays Stock Up 0.2 %

NYSE BCS opened at $12.14 on Wednesday. Barclays PLC has a twelve month low of $6.23 and a twelve month high of $12.49. The stock has a market cap of $44.98 billion, a PE ratio of 9.06, a PEG ratio of 0.66 and a beta of 1.42. The firm has a 50-day simple moving average of $11.78 and a 200 day simple moving average of $11.02. The company has a debt-to-equity ratio of 5.98, a quick ratio of 1.39 and a current ratio of 1.39.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The company had revenue of $7.98 billion during the quarter. Barclays had a return on equity of 5.94% and a net margin of 16.83%. During the same quarter in the prior year, the business posted $0.43 EPS. On average, research analysts forecast that Barclays PLC will post 1.68 EPS for the current year.

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 16th were issued a $0.2684 dividend. This represents a yield of 3.6%. The ex-dividend date of this dividend was Friday, August 16th. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. Barclays’s payout ratio is 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.