Barclays PLC (NYSE:BCS) Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC boosted its stake in Barclays PLC (NYSE:BCS) by 290.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,413 shares of the financial services provider’s stock after purchasing an additional 4,772 shares during the period. Global Retirement Partners LLC’s holdings in Barclays were worth $85,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. ABC Arbitrage SA acquired a new stake in Barclays in the 4th quarter valued at approximately $21,514,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Barclays in the 4th quarter valued at approximately $599,000. Allspring Global Investments Holdings LLC increased its holdings in Barclays by 3,073.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 689,413 shares of the financial services provider’s stock valued at $9,052,000 after purchasing an additional 667,687 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in Barclays in the 3rd quarter valued at approximately $3,647,000. Finally, Dorsey Wright & Associates purchased a new position in Barclays in the 3rd quarter valued at approximately $3,276,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Barclays from a “buy” rating to a “hold” rating in a research report on Thursday.

Barclays Stock Performance

Shares of BCS stock opened at $15.87 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. Barclays PLC has a 52 week low of $8.37 and a 52 week high of $16.02. The stock has a market capitalization of $57.20 billion, a PE ratio of 8.62, a P/E/G ratio of 0.39 and a beta of 1.40. The firm has a 50 day moving average of $14.34 and a two-hundred day moving average of $13.17.

Barclays (NYSE:BCS) last released its quarterly earnings data 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 20.81% and a return on equity of 7.74%. On average, research analysts predict that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, February 28th will be given a dividend of $0.2737 per share. This is a boost from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 2.7%. The ex-dividend date is Friday, February 28th. Barclays’s payout ratio is 28.80%.

Barclays Company 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.