Assetmark Inc. Has $1.70 Million Stock Position in Barclays PLC $BCS

Assetmark Inc. raised its holdings in shares of Barclays PLC (NYSE:BCS) by 72.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,979 shares of the financial services provider’s stock after acquiring an additional 34,543 shares during the quarter. Assetmark Inc.’s holdings in Barclays were worth $1,695,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. boosted its holdings in shares of Barclays by 1.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 42,600 shares of the financial services provider’s stock worth $881,000 after buying an additional 482 shares during the period. AMG National Trust Bank increased its stake in shares of Barclays by 0.5% in the 2nd quarter. AMG National Trust Bank now owns 105,707 shares of the financial services provider’s stock valued at $1,965,000 after purchasing an additional 561 shares during the last quarter. Bleakley Financial Group LLC raised its stake in Barclays by 3.4% during the second quarter. Bleakley Financial Group LLC now owns 19,389 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 634 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its stake in Barclays by 4.4% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 16,158 shares of the financial services provider’s stock valued at $334,000 after purchasing an additional 685 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in shares of Barclays by 3.4% during the 2nd quarter. Prospera Financial Services Inc now owns 21,526 shares of the financial services provider’s stock valued at $400,000 after acquiring an additional 699 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors.

Barclays Stock Down 1.9%

Shares of NYSE:BCS opened at $25.92 on Friday. Barclays PLC has a 1 year low of $12.14 and a 1 year high of $27.70. The firm’s 50-day moving average is $25.86 and its two-hundred day moving average is $22.63. The company has a debt-to-equity ratio of 5.45, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market capitalization of $89.51 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 0.49 and a beta of 0.96.

Barclays (NYSE:BCS) last released 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 company had revenue of $72.64 million for the quarter, compared to analysts’ expectations of $9.23 billion. Barclays had a net margin of 21.91% and a return on equity of 8.33%. Analysts predict that Barclays PLC will post 2 EPS for the current year.

Barclays Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th will be given a $0.3069 dividend. The ex-dividend date is Friday, February 20th. This represents a dividend yield of 237.0%. Barclays’s dividend payout ratio (DPR) is currently 13.97%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Zacks Research downgraded Barclays from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research note on Friday, February 13th. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Finally, Citigroup restated a “neutral” rating on shares of Barclays in a report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Barclays Company 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.