Apollon Wealth Management LLC Has $191,000 Stock Holdings in Barclays PLC (NYSE:BCS)

Apollon Wealth Management LLC lifted its holdings in shares of Barclays PLC (NYSE:BCS) by 21.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,351 shares of the financial services provider’s stock after purchasing an additional 2,525 shares during the quarter. Apollon Wealth Management LLC’s holdings in Barclays were worth $191,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of BCS. Bleakley Financial Group LLC increased its position in Barclays by 29.4% during the fourth quarter. Bleakley Financial Group LLC now owns 18,325 shares of the financial services provider’s stock worth $244,000 after buying an additional 4,165 shares during the last quarter. Choreo LLC grew its holdings in Barclays by 1.7% during the fourth quarter. Choreo LLC now owns 46,860 shares of the financial services provider’s stock valued at $623,000 after purchasing an additional 802 shares during the last quarter. Caas Capital Management LP lifted its stake in shares of Barclays by 177.8% in the fourth quarter. Caas Capital Management LP now owns 138,900 shares of the financial services provider’s stock worth $1,846,000 after buying an additional 88,900 shares during the last quarter. Journey Strategic Wealth LLC lifted its stake in shares of Barclays by 123.4% in the fourth quarter. Journey Strategic Wealth LLC now owns 25,557 shares of the financial services provider’s stock worth $340,000 after buying an additional 14,116 shares during the last quarter. Finally, SYM FINANCIAL Corp grew its stake in Barclays by 7.1% in the 4th quarter. SYM FINANCIAL Corp now owns 17,274 shares of the financial services provider’s stock valued at $230,000 after buying an additional 1,149 shares during the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th.

Barclays Stock Up 2.2 %

Shares of BCS stock opened at $14.86 on Friday. The stock has a 50 day moving average of $13.93 and a 200-day moving average of $12.88. The firm has a market cap of $53.60 billion, a PE ratio of 10.11, a price-to-earnings-growth ratio of 0.46 and a beta of 1.41. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67. Barclays PLC has a 12 month low of $7.24 and a 12 month high of $15.43.

Barclays (NYSE:BCS) last posted its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.15. Barclays had a net margin of 17.83% and a return on equity of 6.30%. On average, equities analysts predict that Barclays PLC will post 1.53 EPS for the current year.

Barclays Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be issued a $0.2737 dividend. This is a boost from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date of this dividend is Friday, February 28th. This represents a yield of 2.7%. Barclays’s dividend payout ratio is 20.41%.

Barclays 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.