Private Trust Co. NA Buys 2,000 Shares of Barclays PLC (NYSE:BCS)

Private Trust Co. NA grew its stake in Barclays PLC (NYSE:BCS) by 58.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,421 shares of the financial services provider’s stock after purchasing an additional 2,000 shares during the period. Private Trust Co. NA’s holdings in Barclays were worth $43,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of BCS. Jones Financial Companies Lllp purchased a new position in shares of Barclays in the 3rd quarter worth approximately $30,000. IFP Advisors Inc boosted its holdings in shares of Barclays by 127.0% in the 3rd quarter. IFP Advisors Inc now owns 4,285 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 2,397 shares during the period. CWM LLC boosted its holdings in shares of Barclays by 35.1% in the 3rd quarter. CWM LLC now owns 6,059 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 1,574 shares during the period. Paradigm Asset Management Co. LLC boosted its holdings in shares of Barclays by 139.3% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 6,700 shares of the financial services provider’s stock worth $52,000 after purchasing an additional 3,900 shares during the period. Finally, Blue Trust Inc. boosted its holdings in shares of Barclays by 23.7% in the 4th quarter. Blue Trust Inc. now owns 8,183 shares of the financial services provider’s stock worth $64,000 after purchasing an additional 1,567 shares during the period. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Barclays from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $190.00.

Barclays Trading Down 2.5 %

Shares of NYSE BCS opened at $9.36 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 5.63. The business has a fifty day simple moving average of $8.69 and a two-hundred day simple moving average of $7.82. The firm has a market cap of $35.47 billion, a PE ratio of 6.83, a price-to-earnings-growth ratio of 0.38 and a beta of 1.48. Barclays PLC has a twelve month low of $6.23 and a twelve month high of $9.98.

Barclays (NYSE:BCS) last issued its earnings results on Tuesday, February 20th. The financial services provider reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.39). The firm had revenue of $6.95 billion for the quarter, compared to the consensus estimate of $7.38 billion. Barclays had a net margin of 16.82% and a return on equity of 6.09%. Analysts expect that Barclays PLC will post 1.59 earnings per share for the current fiscal year.

Barclays Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Friday, March 1st were given a $0.2671 dividend. This represents a dividend yield of 4.6%. This is a positive change from Barclays’s previous semi-annual dividend of $0.14. The ex-dividend date of this dividend was Thursday, February 29th. Barclays’s payout ratio is presently 37.96%.

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.