Clarius Group LLC Purchases 2,753 Shares of Barclays PLC (NYSE:BCS)

Clarius Group LLC increased its position in Barclays PLC (NYSE:BCS) by 8.0% during the fourth quarter, Holdings Channel reports. The firm owned 37,224 shares of the financial services provider’s stock after buying an additional 2,753 shares during the quarter. Clarius Group LLC’s holdings in Barclays were worth $293,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp bought a new stake in Barclays in the third quarter valued at approximately $30,000. IFP Advisors Inc lifted its stake in shares of Barclays by 127.0% during the 3rd quarter. IFP Advisors Inc now owns 4,285 shares of the financial services provider’s stock worth $33,000 after buying an additional 2,397 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of Barclays by 58.5% during the 4th quarter. Private Trust Co. NA now owns 5,421 shares of the financial services provider’s stock worth $43,000 after buying an additional 2,000 shares during the period. CWM LLC grew its stake in Barclays by 35.1% in the 3rd quarter. CWM LLC now owns 6,059 shares of the financial services provider’s stock valued at $47,000 after buying an additional 1,574 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC lifted its position in Barclays by 139.3% during the third quarter. Paradigm Asset Management Co. LLC now owns 6,700 shares of the financial services provider’s stock worth $52,000 after acquiring an additional 3,900 shares during the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Barclays from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Barclays has a consensus rating of “Hold” and an average target price of $190.00.

Barclays Trading Down 1.9 %

Shares of Barclays stock opened at $9.18 on Monday. The company has a debt-to-equity ratio of 5.63, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a 50-day moving average of $8.72 and a 200-day moving average of $7.83. Barclays PLC has a 52-week low of $6.23 and a 52-week high of $9.98. The stock has a market cap of $34.80 billion, a PE ratio of 6.70, a PEG ratio of 0.35 and a beta of 1.48.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Tuesday, February 20th. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.39). Barclays had a net margin of 16.82% and a return on equity of 6.09%. The business had revenue of $6.95 billion during the quarter, compared to the consensus estimate of $7.38 billion. As a group, sell-side analysts forecast that Barclays PLC will post 1.59 EPS for the current year.

Barclays Increases Dividend

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