Cerity Partners LLC Has $523,000 Holdings in Barclays PLC (NYSE:BCS)

Cerity Partners LLC increased its holdings in Barclays PLC (NYSE:BCS) by 12.3% during the fourth quarter, HoldingsChannel reports. The fund owned 66,433 shares of the financial services provider’s stock after acquiring an additional 7,250 shares during the quarter. Cerity Partners LLC’s holdings in Barclays were worth $523,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BCS. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in shares of Barclays by 147.5% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 2,121,462 shares of the financial services provider’s stock worth $16,526,000 after acquiring an additional 1,264,134 shares during the last quarter. Causeway Capital Management LLC increased its stake in Barclays by 19.5% in the 3rd quarter. Causeway Capital Management LLC now owns 4,042,661 shares of the financial services provider’s stock valued at $31,492,000 after buying an additional 658,639 shares during the last quarter. Natixis Advisors L.P. increased its stake in Barclays by 16.7% in the 3rd quarter. Natixis Advisors L.P. now owns 2,520,873 shares of the financial services provider’s stock valued at $19,638,000 after buying an additional 360,390 shares during the last quarter. Ramirez Asset Management Inc. purchased a new stake in Barclays in the 3rd quarter valued at about $2,416,000. Finally, Rathbones Group PLC purchased a new stake in Barclays in the 3rd quarter valued at about $2,063,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

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

Barclays Trading Down 1.0 %

NYSE:BCS opened at $9.60 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 5.63. The stock has a market capitalization of $36.40 billion, a PE ratio of 7.01, a price-to-earnings-growth ratio of 0.36 and a beta of 1.48. The firm’s 50 day moving average is $9.04 and its 200 day moving average is $7.92. Barclays PLC has a 12 month low of $6.23 and a 12 month high of $9.98.

Barclays (NYSE:BCS) last posted its quarterly earnings results on Tuesday, February 20th. The financial services provider reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.39). The company had revenue of $6.95 billion during the quarter, compared to the consensus estimate of $7.38 billion. Barclays had a return on equity of 6.09% and a net margin of 16.82%. Sell-side analysts expect that Barclays PLC will post 1.58 earnings per share for the current year.

Barclays Increases Dividend

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

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.