Yousif Capital Management LLC Sells 15,000 Shares of Barclays PLC (NYSE:BCS)

Yousif Capital Management LLC lowered its holdings in shares of Barclays PLC (NYSE:BCS) by 26.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 40,920 shares of the financial services provider’s stock after selling 15,000 shares during the period. Yousif Capital Management LLC’s holdings in Barclays were worth $544,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Caas Capital Management LP increased its position in shares of Barclays by 177.8% during 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 period. Journey Strategic Wealth LLC increased its position in shares of Barclays by 123.4% during 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 period. SYM FINANCIAL Corp increased its position in shares of Barclays by 7.1% during the fourth quarter. SYM FINANCIAL Corp now owns 17,274 shares of the financial services provider’s stock worth $230,000 after buying an additional 1,149 shares during the period. DAVENPORT & Co LLC increased its position in shares of Barclays by 8.0% during the fourth quarter. DAVENPORT & Co LLC now owns 34,596 shares of the financial services provider’s stock worth $460,000 after buying an additional 2,563 shares during the period. Finally, Caprock Group LLC acquired a new stake in shares of Barclays during the fourth quarter worth $832,000. Institutional investors own 3.39% of the company’s stock.

Analysts Set New Price Targets

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

Barclays Stock Up 2.2 %

Shares of NYSE BCS opened at $14.86 on Monday. The stock has a market capitalization of $53.60 billion, a P/E ratio of 10.11, a P/E/G ratio of 0.46 and a beta of 1.41. The company has a 50-day moving average price of $13.93 and a 200-day moving average price of $12.89. Barclays PLC has a 1 year low of $7.24 and a 1 year high of $15.43. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 research analysts forecast that Barclays PLC will post 1.53 EPS for the current fiscal year.

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be given a $0.2737 dividend. This is a positive change 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 payout ratio is currently 28.80%.

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.