Barclays PLC $BCS Shares Purchased by Cibc World Market Inc.

Cibc World Market Inc. increased its position in shares of Barclays PLC (NYSE:BCS) by 226.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 262,678 shares of the financial services provider’s stock after purchasing an additional 182,318 shares during the period. Cibc World Market Inc.’s holdings in Barclays were worth $5,430,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BCS. NewEdge Advisors LLC increased its holdings in shares of Barclays by 72.8% during the 1st quarter. NewEdge Advisors LLC now owns 47,051 shares of the financial services provider’s stock worth $723,000 after buying an additional 19,818 shares during the last quarter. Sivia Capital Partners LLC increased its stake in Barclays by 19.6% during the second quarter. Sivia Capital Partners LLC now owns 23,572 shares of the financial services provider’s stock worth $438,000 after acquiring an additional 3,868 shares during the last quarter. IFP Advisors Inc raised its position in Barclays by 129.3% in the second quarter. IFP Advisors Inc now owns 7,183 shares of the financial services provider’s stock valued at $134,000 after purchasing an additional 4,050 shares during the period. Concurrent Investment Advisors LLC lifted its stake in shares of Barclays by 9.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 36,658 shares of the financial services provider’s stock valued at $681,000 after purchasing an additional 3,121 shares during the last quarter. Finally, Yousif Capital Management LLC grew its holdings in shares of Barclays by 8.3% during the 2nd quarter. Yousif Capital Management LLC now owns 44,315 shares of the financial services provider’s stock worth $824,000 after purchasing an additional 3,395 shares during the period. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Barclays Price Performance

Shares of BCS opened at $25.28 on Friday. The company has a market cap of $87.33 billion, a P/E ratio of 11.04, a PEG ratio of 0.39 and a beta of 0.96. Barclays PLC has a fifty-two week low of $12.14 and a fifty-two week high of $27.70. The company has a quick ratio of 1.41, a current ratio of 1.39 and a debt-to-equity ratio of 5.45. The firm’s 50 day moving average price is $25.68 and its 200 day moving average price is $22.48.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. The business had revenue of $72.64 million for the quarter, compared to analyst estimates of $9.23 billion. Barclays had a return on equity of 8.33% and a net margin of 21.91%. On average, research analysts forecast that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th will be paid a $0.3069 dividend. This represents a dividend yield of 232.0%. The ex-dividend date is Friday, February 20th. Barclays’s dividend payout ratio (DPR) is presently 13.97%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Zacks Research lowered shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a report on Friday. Citigroup reiterated a “neutral” rating on shares of Barclays in a report on Thursday, January 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Barclays in a research note on Tuesday, December 23rd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Barclays presently has an average rating of “Moderate Buy”.

Barclays Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.