Barclays PLC (NYSE:BCS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Barclays PLC (NYSE:BCS) have been assigned an average rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of research analysts have recently issued reports on the stock. Citigroup restated a “neutral” rating on shares of Barclays in a research report on Thursday, January 22nd. Erste Group Bank reissued a “hold” rating on shares of Barclays in a report on Thursday, March 5th. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research report on Wednesday, February 11th. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a report on Friday, February 13th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Barclays in a research note on Tuesday, December 23rd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Rockefeller Capital Management L.P. raised its holdings in shares of Barclays by 4.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 177,633 shares of the financial services provider’s stock valued at $4,521,000 after buying an additional 7,889 shares during the last quarter. World Investment Advisors bought a new position in Barclays in the 4th quarter worth approximately $223,000. Pure Financial Advisors LLC acquired a new stake in Barclays in the 4th quarter valued at approximately $293,000. SHP Wealth Management bought a new stake in Barclays during the 4th quarter valued at $28,000. Finally, Arwa LLC bought a new stake in Barclays during the 4th quarter valued at $308,000. Institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

BCS stock opened at $20.69 on Wednesday. The stock’s 50 day simple moving average is $24.55 and its 200 day simple moving average is $23.08. Barclays has a 12-month low of $12.14 and a 12-month high of $27.70. The firm has a market cap of $71.33 billion, a P/E ratio of 9.03, a P/E/G ratio of 0.40 and a beta of 0.95. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.45.

Barclays (NYSE:BCS) last released its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. The firm had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.23 billion. Barclays had a net margin of 21.91% and a return on equity of 8.33%. As a group, equities research analysts predict that Barclays will post 2 EPS for the current year.

Barclays Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 20th will be issued a $0.3069 dividend. This represents a dividend yield of 236.0%. The ex-dividend date of this dividend is Friday, February 20th. Barclays’s dividend payout ratio (DPR) is 25.33%.

About Barclays

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.