AMG National Trust Bank Decreases Position in Barclays PLC $BCS

AMG National Trust Bank trimmed its holdings in shares of Barclays PLC (NYSE:BCS) by 25.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,286 shares of the financial services provider’s stock after selling 26,421 shares during the period. AMG National Trust Bank’s holdings in Barclays were worth $1,639,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Oppenheimer & Co. Inc. boosted its holdings in Barclays by 1.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 42,600 shares of the financial services provider’s stock valued at $881,000 after acquiring an additional 482 shares during the period. Bleakley Financial Group LLC boosted its stake in shares of Barclays by 3.4% during the second quarter. Bleakley Financial Group LLC now owns 19,389 shares of the financial services provider’s stock valued at $360,000 after purchasing an additional 634 shares during the period. Ashton Thomas Private Wealth LLC grew its holdings in shares of Barclays by 4.4% in the third quarter. Ashton Thomas Private Wealth LLC now owns 16,158 shares of the financial services provider’s stock worth $334,000 after purchasing an additional 685 shares during the last quarter. Prospera Financial Services Inc increased its stake in shares of Barclays by 3.4% in the second quarter. Prospera Financial Services Inc now owns 21,526 shares of the financial services provider’s stock worth $400,000 after buying an additional 699 shares during the period. Finally, SBI Securities Co. Ltd. raised its holdings in Barclays by 13.2% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,425 shares of the financial services provider’s stock valued at $119,000 after buying an additional 751 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Price Performance

Shares of BCS stock opened at $25.97 on Friday. The business’s fifty day moving average is $25.90 and its 200 day moving average is $22.70. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.45. The stock has a market cap of $89.71 billion, a price-to-earnings ratio of 11.34, a PEG ratio of 0.48 and a beta of 0.96. Barclays PLC has a twelve month low of $12.14 and a twelve month high of $27.70.

Barclays (NYSE:BCS) last announced its earnings results on Tuesday, February 10th. The financial services provider reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The firm 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%. Research analysts expect that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 20th will be paid a dividend of $0.3069 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a dividend yield of 236.0%. Barclays’s dividend payout ratio (DPR) is currently 25.76%.

Analyst Ratings Changes

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